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WPI inflation eases to 2.84 % in January from 3.58% in December 2017

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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

Reuters  Last Updated at February 15, 2018 12:23 IST

Annual wholesale price 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 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.

First Published: Thu, February 15 2018. 12:23 IST

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