WPI inflation rises to 9.92% in August driven by food and fuel
Wholesale price-based inflation rose to 9.92% in August from 9.78% in July, driven by higher food and fuel prices. This increase reflects ongoing pressures from global energy prices, impacting overall economic conditions.
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- in August
- 9.92%
- in July
- 9.78%
Wholesale price-based inflation increased to 9.92% in August from 9.78% in July, primarily due to higher prices of food, fuel, and manufactured goods. This marks the second highest inflation rate in the new WPI series. Rising global energy prices are expected to maintain upward pressure on WPI and the output producer price index (OPPI).
Not investment advice. For informational purposes only.