WPI inflation rises to 9.92 pc in Aug on rising prices of food, fuel, manufactured items
Wholesale price inflation reached 9.92 percent in August, showing an increase from July’s rate. Rising prices for food and manufactured items significantly contributed to this upward trend. Fuel and power costs also saw substantial increases, impacting overall wholesale prices. Global factors like the West Asia war influenced these rising commodity prices. The Reserve Bank maintained its benchmark policy rates unchanged last month.
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