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WPI Inflation: Wholesale inflation rate was -0.52 percent in August, increase seen compared to July
WPI Inflation In August: Last month in August the wholesale inflation rate was -0.52 percent. It still remains in negative territory. The wholesale inflation rate remained in negative territory for the fifth consecutive month in August at (-)0.52 percent. Apart from this, a rise in the prices of food items and fuel was seen last month. The inflation rate has been in negative territory since April this year.
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“WPI Inflation: Wholesale inflation rate was -0.52 percent in August, increase seen compared to July”
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14 Sep 2023
Last month in August the wholesale inflation rate was -0.52 percent. It still remains in negative territory. Wholesale price-based inflation remained in negative territory for the fifth consecutive month in August at (-)0.52 percent.
At the same time, a rise was seen in the prices of food items and fuel. The Wholesale Price Index (WIP) based inflation rate has been negative since April and stood at (-)1.36 percent in July. In August last year, it was 12.48 percent.
In August, the inflation rate of food items was in double digits at 10.60 percent. Whereas in July this year, it was 14.25 percent.
