India’s wholesale prices fall 0.32% year-on-year in November

In November 2025, the Indian wholesale price index (WPI) showed a 0.32% decline year-on-year, meaning average prices at the wholesale level were lower than in November 2024. This data was released on December 15, 2025, by the government. The drop is smaller than the 1.21% fall seen in October, showing that prices are still easing, but the pace of decline has slowed.