• As per the data released by the commerce and industry ministry Wholesale inflation eased to a 10-month low of 2.76% in January due largely to cooling fuel prices.
• It was 3.02% in January last year. 

• Inflation in the crude petroleum and natural gas segment slowed sharply in January to a one-year low of 3.87% from 16.8% in December.
• Similarly, inflation in the fuel and power segment slowed to a 27-month low of 1.85% in January.
• The slow trend is driven in large part by the fact that the mineral oils segment also saw inflation slowing to a 27-month low of 0.11%.

 Wholesale Price Index (WPI):

• WPI index reflects average price changes of goods that are bought and sold in the wholesale market.
• Wholesale price indexes report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy.
• WPI includes all the manufactured products and CPI includes food and services part.