India’s Wholesale Price Index (WPI) rose 0.52% MoM in August 2025, while annual inflation turned positive at 0.52% YoY, ending two straight months of deflation.

• Primary Articles rose 1.60% MoM in August, with the YoY rate improving to -2.10% from -4.95% in July, supported by higher prices of non-food articles, minerals, and food.

• Fuel & Power declined -0.69% MoM in August, and the YoY inflation rate eased further to -3.17%, as electricity and mineral oil prices fell.

• Manufactured Products increased 0.21% MoM, with annual inflation strengthening to 2.55% YoY from 2.05% in July, reflecting broad-based price increases across 13 of 22 groups.

• The WPI Food Index rose 1.15% MoM in August, lifting annual inflation to 0.21% YoY from -2.15% in July, indicating a turnaround in food prices.

• All Commodities index reached 155.2 in August (vs 154.4 in July), marking the highest level in three months.