Wholesale inflation dips to negative , Food inflation remains high

Feb 16, New Delhi

Inflation declined to a five and a half year low of minus 0.39 per cent in January on falling prices of manufactured and fuel items. However, food articles remained high. Inflation, measured on wholesale price index, WPI, was at 0.11 per cent in December.
As per the government data released Monday , inflation in fuel and power segment was negative at minus 10.69 per cent, while in manufactured products, it was 1.05 per cent.

The data further showed that the contraction in WPI inflation for petrol was steeper at 17.08 per cent in January from 11.96 per cent in December. Similarly the rate of decline in diesel prices last month was high.
Food inflation witnessed a rising trend in January and scaled to a six-month high of 8 per cent. Inflation in pulses, vegetables and cereals was higher during the month.