WPI inflation eases as food prices soften in January
Wholesale price inflation softened in Jan due to easing food and manufactured product inflation. Inflation in pulses remained in double digits. Food inflation moderated to 3.8% in Jan. Vegetable inflation slowed to 19.8%, while fruit and milk prices remained muted. Egg, meat, and fish inflation dipped to the negative territory in Jan. Wheat inflation contracted 3.1%.
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