India’s WPI inflation for August 2024 fell to 1.31 per cent, down from 2.04 per cent in July.
Month-on-month, WPI declined by 0.45 per cent.
The inflation rate remains positive due to rising prices in food articles, textiles, and machinery.
The overall WPI dropped to 154.5 from 155.2 in July.
Manufactured products and textiles saw slight decreases, while fuel and power increased marginally.