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New Delhi, Sept. 18

The annual inflation rate based on Consumer Price Index for Agricultural Labourers eased marginally to 12.89 per cent in August from an over 10-year high of 12.90 per cent a month earlier. The inflation rate based on CPI for Rural Labourers in August remained unchanged at the previous month’s level of 12.67 per cent, the Labour Bureau said on Friday. CPI-AL and CPI-RL inflation rates were at 10.29 per cent each, a year ago. Inflation rate based on CPI is way higher t han the more-closely watched Wholesale Price Index. The average WPI inflation rate was (-)0.91 per cent in August and (-)1.13 per cent in July. The divergence in the movement of the WPI and CPI is mainly due to higher weightage for food prices in the latter.

– Our Bureau

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