Wholesale inflation eases to 2.6% in Sept

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With softening prices of food articles, led by vegetables, wholesale inflation fell to 2.60 per cent in September, according to the Government data released on Monday. The data showed that inflation in food articles tapered to 2.04 per cent in September, as against 5.75 per cent in August on yearly basis.

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 2016.  As far as September prices are concerned, inflation in vegetable prices cooled to 15.48 per cent 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.              

Daily Pioneer
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