The Wholesale Price Index (WPI) based inflation was at 3.74 per cent in August and 7.05 percent in September 2013.
As per data released by the government on Tuesday, the food inflation fell to a nearly two-and-half year low of 3.52 percent. Food inflation is on decline since May.
The sharp drop in WPI inflation comes just at the back of retail inflation declining to a record low of 6.46 percent in September.
Wholesale inflation in onion contracted to 58.12 percent in September as compared to a contraction of 44.7 percent in the previous month.
While inflation in vegetable basket as a whole shrunk to 14.98 percent in September, rate of price rise in potato was 90.23 percent from 61.61 percent in the previous month.
The data further revealed that inflation in milk, eggs, meat and fish continued to decline in September as well. However, there was slight increase in the prices of fruits during the period.
Inflation in manufactured products, like sugar, edible oils, beverages and cement, fell to 2.84 per cent in September as against 3.45 percent in the previous month.
As per data released by the government on Tuesday, the food inflation fell to a nearly two-and-half year low of 3.52 percent. Food inflation is on decline since May.
The sharp drop in WPI inflation comes just at the back of retail inflation declining to a record low of 6.46 percent in September.
Wholesale inflation in onion contracted to 58.12 percent in September as compared to a contraction of 44.7 percent in the previous month.
While inflation in vegetable basket as a whole shrunk to 14.98 percent in September, rate of price rise in potato was 90.23 percent from 61.61 percent in the previous month.
The data further revealed that inflation in milk, eggs, meat and fish continued to decline in September as well. However, there was slight increase in the prices of fruits during the period.
Inflation in manufactured products, like sugar, edible oils, beverages and cement, fell to 2.84 per cent in September as against 3.45 percent in the previous month.
Source: India City News and Online Hindi Newspaper
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