WPI inflation eases to 18-month low of 10.7% as pricing pressure softens

The data released on Wednesday showed CPI-based inflation again shot up to 7.6 per cent in September, up from 7 per cent in August

The wholesale price index- (WPI-) based inflation rate for September decelerated to an 18-month low of 10.7 per cent on broadbase easing of pricing pressure and helped by a high base a year ago. 

The data released by the industry department on Friday showed the food inflation eased to 8.08 per cent during September as prices of wheat, fruits, pulses, and protein-rich items fell compared to their levels a year ago, even though prices of vegetables and milk shot up. Inflation for fuel (32.61 per cent) and manufactured (6.34 per cent) items also decelerated during the month.

However, the factory-gate