The wholesale price index, the main gauge of inflation in India, dipped below 7% for the first time in three years in January, and stayed below that mark in February.

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The wholesale price index, the main gauge of consumer prices in the country, rose at an annual rate of 9.1% during the month, down from 9.7% in the previous month.

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The Wholesale Price Index, India's main gauge of inflation, eased to 6.62% in January, down from 7.18% in December.

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So far this has been reflected less in consumer prices than in the wholesale price index, the most commonly used measure of inflation.

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India's Wholesale Price Index, the country's main gauge of inflation, eased to an 11-month low of 7.18% in December.

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The annual rate of inflation eased to 7.18% in December, down from 7.24% in November, according to the Wholesale Price Index - the country's main gauge of inflation.

BBC: Indian inflation eases to 11-month low in December

Some of this added burden has already come to light in the latest wholesale price index, which showed rising oil costs are driving an increase in manufacturing costs.

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