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India's WPI inflation edges down to 2.47% in March

16 April, 2018 6:59 AM
37 0

Wholesale food prices in March fell 0.07 % year-on-year.

India's annual wholesale price inflation slightly eased in March, helped by a fall in food prices, government data showed on Monday.

Annual wholesale price inflation last month eased to 2.47 % from a year earlier, a shade lower than a provisional 2.48 % rise in February, and below a 2.58 % increase forecast by economists in a Reuters poll.

Wholesale food prices in March fell 0.07 % year-on-year, compared with a 0.07 % rise a month earlier, data showed.

Source: thehindu.com

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