India’s wholesale prices dropped in June for the first time in over a year and a half—a surprising shift after 19 straight months of increases. This decline suggests some relief from inflationary pressures, though experts are still weighing whether it’s a temporary dip or the start of a broader trend.

Editor’s Note: Wholesale price changes often trickle down to consumers, so this could signal easing costs for businesses and, eventually, shoppers. But don’t break out the confetti yet—global fuel and food prices are still wild cards, and India’s central bank will be watching closely to see if this is a blip or a real turning point.