Extending its easing trend, India's main inflation gauge, based on monthly WPI, softened to five year low, at 1.77% for the month of October, as compared to 2.38% (Provisional) for the previous month of September. The reading was way below the street expectation, which were expecting figure to be near 2% mark for the month under review. Meanwhile, August WPI was revised higher 3.84% from 3.74% earlier.