- Economy
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WPI inflation eases to 1.34 per cent in March against 3.85 pc in February
The decline in the rate of wholesale inflation in March is primarily contributed by fall in prices of basic metals, food products, textiles, non-food articles, minerals, rubber & plastic products, crude petroleum & natural gas and paper and paper products.
India's wholesale price index (WPI)-based inflation eased to 1.34 per cent in March on an annual basis from 3.85 per cent in February, stated provisional data from the Commerce Ministry on Monday.
The decline in the rate of wholesale inflation in March is primarily contributed by fall in prices of basic metals, food products, textiles, non-food articles, minerals, rubber & plastic products, crude petroleum & natural gas and paper and paper products.
A wholesale price index (WPI) measures change in the overall price of goods before they are sold at retail.
India's CPI-based retail inflation in India eased further to a 16-month low of 5.66 per cent in March as food prices moderated on account of lower vegetable costs, offset in part by surging cereal prices.
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