India’s wholesale prices fell 0.32% year-on-year (YoY) in November. The WPI-based inflation was -1.21% in October 2025 and 2.16% in November last year.
The government data released on Monday attributed the negative rate of inflation primarily due to decrease in prices of food articles, mineral oils, crude petroleum & natural gas, manufacture of basic metals and electricity etc.
Key highlights
The deflation in food articles was 4.16% in November, compared to 8.31% in October.
In vegetables, deflation was 20.23% in November, as against 34.97% cent in October.
In pulses, deflation was at 15.21% in November, while in potato and onion it was 36.14% and 64.70%, respectively.
In the case of manufactured products, inflation eased to 1.33% in November, against 1.54% in October.
Fuel and power witnessed a negative inflation or deflation of 2.27%, as against 2.55% in October.
The provisional WPI index for “All Commodities” in November stood at 155.9.
CPI inflation data
The government had earlier released CPI inflation data on Friday, December 12. India’s retail inflation inched up to 0.71% year-on-year in November, rising from a near-record low of 0.25% in October. Food prices remained in deflation at about -3.9%. Rural inflation turned slightly positive, while urban inflation also rose.
The next WPI data for December 2025 is scheduled to be released on January 14, 2026.