April 15, 2025 2:48 PM

India’s WPI inflation declines to 2.05% in March

India’s annual wholesale inflation, measured by the Wholesale Price Index (WPI), slowed to 2.05% in March, down from 2.38% in February, according to data released by the Ministry of Commerce and Industry on Tuesday. The positive inflation rate in March was mainly driven by higher prices of manufactured products. However, on a month-on-month basis, the WPI recorded a decline of 0.19%, indicating a downward trend. This decline was largely attributed to falling prices in the food, fuel, and powe...