Inflation rose to 7.55 per cent in August as prices of potato, wheat and pulses, as well as, manufactured items soared, which may restrain Reserve Bank of India from cutting interest rates at its monetary policy review next week. Inflation as compared by the Wholesale Price Index, was 6.87 per cent in July. In August last year, however, it was 9.78 per cent. Overall food inflation declined to 9.14 per cent in August from 10 per cent.