WPI inflation eases to 9.78% in July as food, fuel, power prices cool
Wholesale price index (WPI) inflation eased marginally to 9.78% in July as food, fuel and power prices cooled. It was the first month-on-month decline in wholesale inflation under the new 2022-23 base-year series. The moderation signals some softening in input-cost pressures, though wholesale inflation stays in high single digits.
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A key inflation gauge with a base-year change — frequently tested in economy sections.
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- WPI inflation: 9.78% in July (eased marginally).
- First month-on-month drop under the new 2022-23 base year.
- Food, fuel and power prices cooled.
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