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India's annual wholesale inflation rises

India's annual wholesale inflation inched up to (-)0.85 percent for March

Policy Pulse
Publish Date: Apr 18 2016 12:47PM | Updated Date: Apr 18 2016 12:47PM

India's annual wholesale inflation rises

India's annual wholesale inflation inched up to (-)0.85 percent for March, from (-)0.91 percent in February, official data showed on Monday.

 
The annual inflation rate, based on the official wholesale price index (WPI) data released by the Ministry of Commerce and Industry, stood at 2.33 percent in March 2015.
 
The firmness in the annual rate of inflation was attributed to rising prices of food articles which rose by 3.73 percent for the month under review. Pulses were costlier by 34.45 percent over the past year.