India's annual rate of inflation based on wholesale prices ease to 2.45 per cent in May from 3.07 per cent in April, official data showed on Friday.
Even on a year-on-year (YoY) basis, May's WPI inflation rate was lower than 4.78 per cent reported for the corresponding period of previous year.
--IANS
rv/in
Disclaimer: No Business Standard Journalist was involved in creation of this content
