India's wholesale price inflation eased to 2.31% in January, driven by lower food prices, particularly vegetables. The WPI inflation was 2.37% in December 2024.

India's wholesale inflation in January remained steady at 2.31% year-on-year, from 2.37% in December, government data showed on Friday, on moderation in food and fuel prices.

The fall in WPI-based inflation in January wasn’t a surprise to experts, as a drop in food prices was expected with the arrival of fresh harvests