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Wholesale price inflation at a seven-month low of 2.48% in February

-PTI

WPI inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88%

Inflation based on wholesale prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables.

On the basis of the Wholesale Price Index (WPI), inflation was at 2.84% in January, and 5.51% in February 2017.

WPI inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88%.

According to a government data released on Wednesday, inflation in food articles slowed to 0.88% in February, from 3% in the preceding month.

Inflation in vegetables softened with annual inflation at 15.26% as against 40.77% in January.

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