scorecardresearchAugust WPI inflation eases to 12.41%
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August WPI inflation eases to 12.41%

Team MintGenie
Updated: 14 Sep 2022, 12:42 PM IST
TL;DR.

August's figure was lower than the forecast of 13% in a Reuters poll of analysts, and compared to 11.64% in August 2021.

A customer and vendor exchange Indian rupee banknotes in Bengaluru, India, on Monday, Aug. 15, 2022. India�s�wholesale�price inflation due Aug. 16 would show price gains easing to 13.75% in July, from 15.18% the previous month, according to a separate survey as of last Friday. Photographer: Samyukta Lakshmi/Bloomberg

A customer and vendor exchange Indian rupee banknotes in Bengaluru, India, on Monday, Aug. 15, 2022. India�s�wholesale�price inflation due Aug. 16 would show price gains easing to 13.75% in July, from 15.18% the previous month, according to a separate survey as of last Friday. Photographer: Samyukta Lakshmi/Bloomberg

(Reuters) - India's annual wholesale price-based inflation (WPI) eased to 12.41% year-on-year in August from 13.93% in the previous month, government data showed on Wednesday.

August's figure was lower than the forecast of 13% in a Reuters poll of analysts, and compared to 11.64% in August 2021.

First Published: 14 Sep 2022, 12:42 PM IST

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