How has the Wholesale price rise trend been in August
Wholesale price rise at 4-month low of 1.3% in August
Wholesale prices rose at a 4-month low rate of 1.3% in August. Here are some key points regarding this trend:
- August witnessed a slowdown in the wholesale price rise compared to the previous months.
- The 1.3% increase indicates a deceleration in the rate of inflation in the wholesale market.
- Factors such as easing demand and stable input costs might have contributed to this moderation.
- This lower rate of wholesale price rise could have positive effects on overall inflation levels in the economy.
- Monitoring future wholesale price trends will be crucial to assess the overall economic stability and inflationary pressures.
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7 months ago