WPI inflation rises to 9.92% in August on rising prices of food, fuel, manufactured items
Wholesale price-based inflation in India increased to 9.92% in August, up from 9.78% in July, driven by higher prices of food, fuel, and manufactured goods. Notably, inflation in manufactured items reached a series high of 8.37%. This trend raises concerns about cost pressures in the economy, with implications for future monetary policy decisions.