FX.co ★ India's WPI Food Index Shows Sharp Decline by June 2025

The Wholesale Price Index (WPI) for food in India has seen a significant drop, according to the latest figures for June 2025. The index has reached -3.75%, a notable decrease from May 2025's -1.56%, marking a dramatic shift in the annual rate of food inflation. The data, updated on July 14, 2025, highlights a stark year-over-year comparison, as previous annual rates were significantly lower.

This pronounced decline in the WPI for food could be indicative of various economic factors impacting the country's agricultural sector or changes in import-export dynamics. Economists and policymakers will need to analyze these trends closely to assess whether the drop reflects transient market conditions or signals a more sustained period of deflation in food prices.

As the figures are compared year-over-year, stakeholders across India's food supply chain must consider the implications of such price movements. Whether this trend will have a long-term impact on pricing strategies, farming practices, or consumer behavior remains to be seen, but it certainly places the focus on the wider ramifications for the Indian economy.