Inflation based on wholesale prices fell to a 10-month low of 2.76 per cent in January over the previous month on softening prices of fuel and some food items.

According to government data released today, the Wholesale Price Index (WPI)-based inflation stood at 3.8 per cent in December 2018 and 3.02 per cent in January 2018.

Inflation in kitchen essentials like potato, onion, fruits, and milk softened in January over the previous month, the data revealed.

The retail inflation, released earlier this week, too declined marginally to 2.05 per cent in January over the previous month on the continued decline in food prices, including vegetables and eggs.