New Delhi, June 14 (KNN) Wholesale price-based inflation slipped to a 22-month low of 2.45% in May owing to fall in prices of food articles, fuel and power items.

According to the official data release by Ministry of Commerce and Industry, manufactured items saw decline in prices with inflation at 1.28 per cent in May, against 1.72 per cent in April.

Inflation in food articles basket was 6.99 per cent, down from 7.37 per cent in April. However, onion prices spiked during the month with inflation at 15.89 per cent, as against (-) 3.43 per cent in April.

Vegetables inflation eased to 33.15 per cent in May, down from 40.65 per cent in the previous month. Inflation in potato was (-) 23.36 per cent, against (-) 17.15 per cent in April.

Inflation in 'fuel and power' category cooled to 0.98 per cent, from 3.84 per cent last month.

WPI inflation in May is the lowest in 22 months, since July 2017, when it was at 1.88 per cent.