India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September, down from 0.52 per cent in August, according to data released by the Ministry of Commerce and Industry on Tuesday.

The decline was driven largely by falling food and fuel prices. Food prices dropped by 1.38 per cent, supported by higher crop yields and adequate buffer stocks of wheat and rice. Fuel inflation remained in the negative zone at 2.58 per cent, with petrol, diesel, and natural gas becoming cheaper during the month. The month-on-month change in WPI for September stood at minus 0.19 per cent compared to August.

Despite the overall slowdown, year-on-year inflation remained in the positive zone, primarily due to rising prices of manufactured goods, non-food articles, text

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