Economy

WPI inflation rises to 9.92% in August

India's wholesale price inflation, measured by the Wholesale Price Index (WPI), rose to 9.92% in August on higher prices of food, fuel and manufactured items. Within this, WPI inflation for manufactured items touched a series high of 8.37%, up from 8.29% in July. The wholesale reading runs well above the softer retail (CPI) print for the month.

Nabka Insight

The WPI–CPI gap and the manufactured-goods series high are standard economy data points.

Key facts

August WPI inflation was 9.92%, driven by food, fuel and manufactured items.
WPI for manufactured items hit a series high of 8.37% (versus 8.29% in July).
WPI tracks wholesale-level prices, distinct from retail CPI.

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