August wholesale price inflation rate remains unchanged, eases on YoY basis

The rise in India's August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday. Accordingly, the rise in August's WPI remained unchanged at 1.08 per cent on a sequential basis. However, it eased on a YoY basis. In August 2018, the WPI had risen to 4.62 per cent.