August wholesale inflation remains unchanged at 1.08%

India’s annual wholesale price inflation in August was 1.08%, government data showed on Monday, remaining unchanged from the previous month.

Last month, the annual wholesale price inflation was largely in line with a forecast of 1.04% by economists in a Reuters poll.

Wholesale food prices in August rose 5.75% year-on-year, compared with a 4.54% rise a month earlier.