WPI inflation eases to 2.6 % in September

Wholesale inflation fell to 2(point)60 per cent in September as prices of food articles, led by vegetables, softened. Inflation, based on the wholesale price index, WPI, had soared to a four-month high of 3.24 per cent in August 2017. It was 1.36 per cent in September last year.

The government data showed that inflation in food articles reduced to 2.04 per cent in September, as against 5.75 per cent in August on an yearly basis.

Inflation in vegetable prices cooled to 15.48 per cent in September, as against a high of 44.91 per cent in the previous month.

Onion prices, however, continued to rule high with 79.78 per cent increase in September. In egg, meat and fish segment the rate of price rise was 5.47 per cent.

Inflation in manufactured products witnessed a slight increase at 2.72 per cent, against 2.45 per cent in August. In fuel and power segment, inflation cooled to 9.01 per cent, against 9.99 per cent in August. Pulses continued to witness deflation at 24.26 per cent.

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