Wholesale price inflation slips to ten month low, know more

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.

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