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Wholesale inflation slips to a 23-month low at 2.02% in June

The Wholesale Price Index declined for the second consecutive month and slipped to 2.02 percent in June, as against 2.45 percent in May. This is its lowest level in 23 months. Earlier WPI inflation low came in July 2017, when it was at 1.88%. Inflation in food articles basket eased marginally to 6.98% in June, from 6.99% in May while Vegetable inflation softened to 24.76% in June, down from 33.15% in May.