New Delhi: Inflation fell by 0.18 per cent to 7.2 per cent for the week ended October 2, even as vegetable prices shot up by about 14 per cent.

The point-to-point Wholesale Price Index (WPI) inflation fell from the previous week's level of 7.38 per cent mainly due to a fall in prices of fuel products and some of the manufactured items, notably edible oils.

Inflation stood at 5.32 per cent in the year-ago period.

Interestingly, fuel prices declined marginally by 0.2 per cent even as international crude oil prices broke many a psychological barriers to cross $50 a barrel due to a host of reasons, including the unrest in Nigeria.

The WPI also fell by 0.1 per cent to 189 points. It was 176.3 points in the previous year period.

Government revised upwards inflation to 8.30 per cent for the week ended August seven as compared to the provisional level of 7.96 per cent.

The WPI stood corrected at 187.8 points during the first week of August as against provisional level of 187.2 points.