India’s Wholesale Price Index (WPI) dipped to a 20-month low of -0.13% YoY in June after falling to a 14-month low of 0.4% in May. The negative rate is primarily due to a decrease in prices of food articles by 3.75% in June from 11.1% inflation in the same period last year. Manufactured products recorded 1.97% YoY inflation last month.