India’s wholesale price inflation remained unchanged at 1.08% in August, data released by the government showed on Monday. The inflation rate was the same in July 2019, a two-year low, and 4.62% in August last year.

The wholesale prices of primary articles rose by 6.43% since the same month last year, the data showed. The wholesale prices of food articles rose by 7.67% compared to 6.15% in July, mainly on account of a rise in vegetable prices, PTI reported.

Among food articles, the prices of onions rose by 33.01%, while those of potato declined by 21.28%. The prices of vegetables rose by 13.07%.

In the fuel and power category, prices fell by 4%, with liquefied petroleum gas showing the largest decline of 27.94%. Meanwhile, the wholesale prices of petrol fell by 5.55% and those of high speed diesel by 3.51%.

The wholesale prices of the manufactured products group remained the same in August compared to the same period the previous year.


Now, follow and debate the day’s most significant stories on Scroll Exchange.