New Delhi, Nov. 12 -- Whole Price Index (WPI) or wholesale inflation in India has likely turned negative in October 2025, partly due to the base effect and largely driven by the fall in food prices, according to an assessment made by Union Bank of India.

Wholesale Price Index (WPI), according to their assessment, likely turned negative in October 2025 at (-) 1.42 per cent, compared to 0.13 per cent in September 2025 and 2.75 per cent in October last year.

"Apart from the high base effect, the decline in WPI was largely driven by a sharp fall in the food WPI, even as core WPI remained in positive territory," the Bank said in its report post assessment.

Both food and fuel continued to remain negative in September 2025.

The high base eff...