Mumbai: After remaining in the negative territory for four straight months, India’s Wholesale price index based (WPI) inflation rose 0.16 percent in August as food items and manufactured products turned costlier, official data showed on Monday.
The annual rate of inflation, based on monthly WPI, stood at (0.16%) (Provisional) for the month of August, 2020 (over August, 2019) as compared to 1.17% during the corresponding month of the previous year, the commerce and industry ministry said in a statement.
The WPI inflation in April was at (-) 1.57 percent, (-) 3.37 percent in May, (-) 1.81 percent in June and (-) 0.58 percent in July.
Inflation in Primary Articles rose 1.60 percent. Fuel and power inflation fell 9.68 percent in August, as against 9.84 percent in the previous month.
Manufactured products, however, witnessed hardening of inflation at 1.27 percent in August against 0.51 percent in July. Inflation in the Food Index rose 4,07 percent.