WPI inflation eases to a four-month low of 1.3% in Aug as fuel prices soften

India’s wholesale price inflation dropped to a four-month low of 1.3% in August from July’s 2%, driven by reduced prices for fuel, power, and manufactured products. Core inflation fell to 0.7%, and food inflation reached a ten-month low of 3.3%. Retail inflation remained below the Reserve Bank of India’s target for the second consecutive month.