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January wholesale inflation eases to 10-month low of 2.76 per cent

A vendor arranges vegetable at his stall in a market in Mumbai, November 13, 2017. Photograph:( Reuters )

Reuters New Delhi, Delhi, India Feb 14, 2019, 12.46 PM (IST)

India's annual wholesale price inflation eased to a 10-month low of 2.76 per cent in January, helped by a smaller increase in prices of manufactured goods and fuel products, government data showed on Thursday.

Annual wholesale price inflation last month was lower than a provisional 3.80 per cent rise in December, and below a 3.65 per cent increase forecast by economists in a Reuters poll.

Wholesale food prices in January rose 1.84 per cent year-on-year, compared with a 0.07 per cent rise a month earlier, data showed.