India's August Wholesale Inflation Eases To 1.3% As Fuel In Deflation: Anand Rathi

Further, manufactured products inflation moderated from 1.6% in July to 1.2% in August 2024, adds the brokerage.

Petrol and CNG pump Prabhadevi (Photo: Vijay Sartape/ NDTV Profit)

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

India’s Wholesale Price Index inflation for August 2024 softened to a four-month low of 1.3%, from 2% in July 2024, continuing its declining trend of the last few months.

The drop in WPI inflation was supported by easing primary article prices and negative fuel and power prices.

Further, manufactured products inflation moderated from 1.6% in July to 1.2% in August 2024.

Click on the attachment to read the full report: 

Anand Rathi WPI EU.pdf
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Also Read: Wholesale Inflation Eases To Four-Month Low Of 1.31% In August

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