Wholesale inflation hits 6-month low of 2.84% in January
Inflation based on the Wholesale Price Index (WPI) reached a six-month low of 2.84% in January from 3.58% in the previous month. While inflation for fuel and power declined to 4.08% against 9.16% in December, food prices index stood at a four-month low of 3%. Data released earlier this week showed that January's retail inflation eased to 5.07%.