India's wholesale inflation hits 7-month low of 2.48% in Feb
Inflation measured by the Wholesale Price Index (WPI) eased to a seven-month low of 2.48% in February compared to 2.84% in January, government data showed on Wednesday. The price of Food Articles declined by 2% while prices of Fuel and Power rose 1.2%. This comes after retail inflation slowed for the second straight month in February to 4.4%.