March WPI Inflation Accelerates To 3.18%

India's annual wholesale price inflation in March accelerated to 3.18 percent, its highest in three months, government data showed on Monday, boosted by a jump in the prices of food and fuel products.

Last month, the wholesale price inflation came in at 3.20 percent, in line with the forecast by economists in a Reuters poll, and higher than provisional 2.93 percent in February.

Wholesale food prices in March rose 3.89 per cent year-on-year, compared with a 3.29 per cent jump a month earlier, the data showed.

(Reuters)