Wholesale Price Index in May 2020, slipped into deflation for the first time in 4 years - Photos-1
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Wholesale Price Index in May 2020, slipped into deflation for the first time in 4 years

The wholesale price index (WPI) based inflation in the month of May 2020 nosedived and slipped into deflation for the first time in nearly 4 years. In the month of May 2020, the WPI based inflation declined by (-) 3.2 per cent (prov.), the steepest deflation witnessed since November 2015.

Story: Shivani Sharma
Design: Pragati Srivastava
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