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WPI Inflation Drops to 4-Month Low of 1.31% in August

WPI Inflation Drops to 4-Month Low of 1.31% in August:

India’s wholesale price index (WPI)-based inflation fell to a four-month low of 1.31% in August, down from 2.04% in July. This decline is primarily attributed to reduced prices of manufactured products and food items. According to data from the Commerce Ministry, food price inflation decreased to 3.11% in August from 3.45% in July.