Inflation based on wholesale prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables.
On the basis of Wholesale Price Index (WPI), inflation was 2.84% in January and 5.51% in February 2017. WPI inflation at 2.48% in February is the lowest in seven months. The previous low level was recorded in July at 1.88%.
According to government data released on Wednesday, inflation in food articles slowed to 0.88% in February from 3% in the preceding month.
Inflation in vegetables softened with annual inflation at 15.26% as against 40.77%in January. While the rate of price rise in onion slowed, it increased in the case of another kitchen essential, potato.
