India’s Wholesale Price Inflation At (-)0.52 Percent Due To Falling Prices In August
The WPI Food Index, which accounts for 24.38% of the WPI, decreased from 187.7 in July 2023 to 186.1 in August 2023. The rate of inflation based on the WPI Food Index also declined from 7.75% in July 2023 to 5.62% in August 2023, read the press release.