WPI inflation falls to (-) 1.21 pc in Oct on GST cut, favourable base
GST
Dated:- 14-11-2025
PTI
New Delhi, Nov 14 (PTI) Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and vegetables, as well as lower fuel and manufactured items' prices, government data showed on Friday.
WPI-based inflation was 0.13 per cent in September and 2.75 per cent in October last year.
“The negative rate of inflation in October 2025, is primarily due to decrease in prices of food articles, crude petroleum & natural gas, electricity, mineral oils and manufacture of basic metals etc ,” the industry ministry said in a statement.
According to WPI data, deflation in food a
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daily use mass consumption items were cut as part of the tax rate rationalisation under which the four-tier tax structure was brought down to just 2 slabs of 5 and 18 per cent.
The tax cuts which lowered prices of goods, plus a favourable inflation base of last year, has pulled down both wholesale and retail inflation.
Data released last week showed, retail inflation was at an all-time low of 0.25 per cent in October, driven down by GST rate cuts and a high base of last year. In September retail or consumer price index inflation was 1.44 per cent.
The Reserve Bank of India (RBI), which takes into account retail inflation, had kept benchmark policy rates unchanged at 5.5 per cent last month.
The decline in both retail and WPI inflat
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