India's WPI inflation eases to 10-month low in January

By Reuters

  • 14 Feb 2019
Credit: VCCircle

India's annual wholesale price inflation eased to a 10-month low of 2.76 percent 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 percent rise in December, and below a 3.65 percent increase forecast by economists in a Reuters poll.

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