WPI inflation reverses deflationary trend, rises to 4-month high of 0.52 pc in August

WHOLESALE price inflation rose to a four-month high of 0.52 per cent in August as prices of food articles and manufactured items inched up, even though fuel and power basket witnessed easing.

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Reversing the deflationary trend of the past two months, (-) 0.58 in July and (-) 0.19 per cent in June, the Wholesale Price Index (WPI)-based inflation rose to its highest level since April, when it was 0.85 per cent.

Wholesale price inflation was 1.25 per cent in August last year.