What has the WPI-based inflation rate for August?

• A. 11.41 per cent
• B. 14.41 percent
• C. 12.41 percent
• D. 13.41 percent

Answer: (C)

The wholesale price index- (WPI-) based inflation rate for August decelerated for the third consecutive month to an 11-month low of 12.41 per cent as pricing pressure from manufactured and fuel items eased despite an increase in food inflation.