March WPI inflation hits 3 month high of 5.70 pc

India's wholesale prices-based inflation accelerated to a three-month high of 5.70 percent in March, driven up by increases in food and fuel costs, government data showed on Tuesday.

The rise in the wholesale price index (WPI)compared with a 5.30 percent jump forecast by economists in a Reuters poll. In February, wholesale prices, long seen as India's main inflation measure, rose 4.68 percent, their slowest pace in nine months.

The reading for January WPI inflation was revised to 5.17 percent from 5.05 percent earlier.

Food prices rose 9.90 percent year-on-year last month, faster than an annual rise of 8.12 percent in February.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sebi must not be lax in weeding out mutual fund houses

    Last May, capital market regulator Securities and Exchange Board of India (Sebi) amended the Sebi (mutual funds) regulations, 1996, directing all fund

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

New model for effective education

After interacting with students and teaching community on a ...

Rajgopal Nidamboor

Let the spirit of sport pervade everyday life

Sport, like meditation, is nothing short of a spiritual act. ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture