India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 4.53 per cent for the month of August 2018 over same month of last year. The index for apparel increased by 0.7 per cent to 139.1 in August, according to the provisional data released by the Office of the Economic Adviser, Ministry of Commerce and industry. The official WPI for all commodities (Base: 2011-12 = 100) for the month of August 2018 rose by 0.3 per cent to 120.0 from the previous month’s level of 119.7, the data showed.