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WPI inflation eases to 2.84 % in January from 3.58% in December 2017

Annual wholesale price inflation last month slowed to 2.84 per cent from a year earlier, from a provisional 3.58 per cent rise in December

A vendor arranges vegetable at his stall in a market in Mumbai. Photo Reuters
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A vendor arranges vegetable at his stall in a market in Mumbai. Photo Reuters

Press Trust of India

Inflation based on wholesale prices eased to a six-month low of 2.84 per cent in January on cheaper food articles even as vegetable prices continued to rule high.
Calculated on the basis of Wholesale Price Index (WPI), the inflation was 3.58 per cent in December 2017 and 4.26 per cent in January 2017.

WPI inflation at 2.84 per cent in January is the lowest in six months. The previous low level was recorded in July at 1.88 per cent.

According to the government data released today, inflation on food articles slowed to 3 per cent in January, from 4.72 per cent in December