India's inflation rate declined for the third consecutive month to an 11-month low
epa10184042 An Indian laborer shops at a store inside a wholesale market, in Chennai, India, 14 September 2022. As per the data released by the Ministry of Commerce and Industry, India's inflation rate based on the WPI (Wholesale Price Index) declined for the third consecutive month to an 11-month low of 12.41 percent in August 2022. While the WPI inflation was at 13.93 percent in July 2022. Inflation in August 2022 is primarily driven by the rise in energy and food prices as compared to the corresponding month of the previous year. EPA/IDREES MOHAMMED
