Wholesale inflation eases to 23-month low of 2.02%

NEW DELHI: Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02% in June, helped by decline in prices of vegetables as well as fuel and power items, according to official data released on Monday. The Wholesale Price Index (WPI)-based inflation was at 2.45% in May. It was 5.68% in June 2018. Inflation in food articles basket eased marginally to 6.98% in June, from 6.99% in May. Vegetable inflation softened to 24.76% in June, down from 33.15% in the previous month. PTI