India's WPI inflation eases to 2.84pc in Jan


FE Team | Published: February 15, 2018 22:30:57


India's WPI inflation eases to 2.84pc in Jan


NEW DELHI, Feb 15 (Reuters): India's annual wholesale price inflation (WPI) eased in January for the second straight month after touching an eight-month high in November, helped by a softer rise in food and fuel prices, government data showed on Thursday.
Annual wholesale price inflation last month slowed to 2.84 per cent from a year earlier, from a provisional 3.58 per cent rise in December.
The rise in January compares with a 3.25 per cent increase forecast by economists in a Reuters poll. Wholesale food prices in January rose 1.65 per cent year-on-year, compared with a 2.91 per cent rise a month earlier, the data showed.

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