WPI inflation eases to a 10-month low of 2.76% in January on cheaper fuel

The wholesale price inflation (WPI) rate fell to a 10-month low of 2.76 per cent in January, official figures released on Thursday showed. The inflation rate in December had stood at 3.80 per cent, while it was 3.08 per cent in January, 2018.

The trend is in line with the consumer price inflation rate, which declined to a 19-month low of 2.05 per cent in January from 2.11 in December, according to data released on Tuesday.

Among various segments, food items saw an inflation rate of 2.34 per cent in January. These items had witnessed deflation or fall in prices