Posted 4/15/2024, 7:10:00 AM
Wholesale Inflation in India Rises to 0.53% in March, Highest in 3 Months Driven by Food and Primary Articles
- Wholesale price-based inflation in India rose 0.53% in March, the highest in 3 months, driven by food and primary articles
- Food prices rose 4.65% year-on-year compared to 4.09% in February
- Primary article prices rose 4.51% against 4.49% in the previous month
- Manufactured product prices fell 0.85% compared to a 1.27% drop in the previous month
- For the 2021-22 fiscal year, the wholesale inflation index fell 0.70% versus a 9.41% rise the previous year
