In what comes as a major relief for the central government, the annual wholesale price inflation has eased to a 10-month low of 2.76 per cent in January of this year.
The government data showed that it was supported by a marginal increase in prices of manufactured goods and fuel products.
The annual wholesale inflation in the last month was lower than a provisional 3.80 per cent rise in December
and even below a 3.65 per cent increase forecast by economists in a poll conducted by foreign news agency.
Meanwhile, wholesale food prices rose by 1.84 per cent on a year-on-year basis in January in comparison to 0.7 per cent rise a month earlier, according to the furnished data.