The wholesale price-based inflation rate declined to (-)4.12 per cent in June on easing prices of food, fuel and manufactured items. 
 
The wholesale price index (WPI)-based inflation in May was (-)3.48 per cent.In June last year, it was 16.23 per cent.
 
Inflation in food articles declined to -1.24 per cent in June against -1.59 per cent in May, the Commerce and Industry Ministry said in a release on Friday.
 
Fuel and power basket inflation eased to (-) 12.63 per cent in June from (-) 9.17 per cent in May.
 
In manufactured products, the inflation rate was (-) 2.71 per cent in the month under review, compared to (-) 2.97 per cent in May.
 
The decline in the rate of inflation in June 2023 is primarily due to a fall in the prices of mineral oils, food products, basic metals, crude petroleum & natural gas, and textiles, the release said.