India's wholesale inflation lands to 2.05% in March on falling food prices
India's wholesale inflation saw a decrease to 2.05% in March, a drop from February's 2.38%, primarily due to lower food prices, although it marks a significant year-on-year increase from March 2024. While food inflation declined sharply, especially in vegetables, manufactured products and fuel and power experienced increased inflation, indicating rising industrial sector pricing pressures.
India's wholesale inflation saw a decrease to 2.05% in March, a drop from February's 2.38%, primarily due to lower food prices, although it marks a significant year-on-year increase from March 2024. While food inflation declined sharply, especially in vegetables, manufactured products and fuel and power experienced increased inflation, indicating rising industrial sector pricing pressures.
