Published on October 15, 2019
Wholesale inflation eased to more than three-year low of 0.33 per cent in September this year mainly due to falling prices of fuel and certain food articles.
According to official data, the wholesale price index-based inflation was 1.08 per cent in August this year and 5.22 per cent in September last year. The previous low was recorded in June 2016 when wholesale inflation was in negative at 0.1 per cent.
Inflation for food articles, as a basket, remained nearly flat at 7.47 per cent during the month. For the fuel and power category, inflation came in at minus 7.05 per cent, as against minus four per cent in the preceding month.
For manufactured products also, it slipped to negative territory at 0.42 per cent in last month as against no change in prices during August this year.