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Wholesale Inflation Eases To 2.76% In January, Lowest In 10 Months

WPI or Wholesale Price Index indicates the rate of change in wholesale price
WPI or Wholesale Price Index indicates the rate of change in wholesale price
Wholesale inflation stood at 2.76 per cent in January, the government said on Thursday. That meant the rate of increase in wholesale prices eased from 3.8 per cent in the previous month. A smaller increase in prices of manufactured goods and fuel products led to the slowdown in inflation. At 2.76 per cent, inflation in the month of January also came below economists' estimates. Economists in a poll by news agency Reuters had expected...
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