WPI inflation declines to 3-year low of (-) 3.48 pc in May

New Delhi: Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items.

The wholesale price index (WPI) based



inflation rate has been in the negative territory for the second straight month. In April it was (-) 0.92 per cent.

In May, 2022 WPI inflation was at 16.63 per cent.