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Wholesale Inflation Eases To 10-Month Low

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Annual wholesale price inflation eased to a 10-month low of 2.76 per cent in January, helped by a smaller increase in prices of manufactured goods and fuel products, government data showed on Thursday.

Annual wholesale price inflation last month was lower than a provisional 3.80 per cent rise in December, and below a 3.65 per cent increase forecast by economists in a poll by news agency Reuters.

Wholesale food prices in January rose 1.84 per cent year-on-year, compared with a 0.07 per cent rise a month earlier, data showed.

Source: NDTV Profit