NEW DEKHI, APRIL 17TH
Inflation based on the wholesale price index (WPI) slipped to 5.70% in March as manufactured goods showed cost decline even as food prices hardened.
The WPI inflation, reflecting the annual rate of price rise, in February was 6.55%. In March 2016, the print came in at (-)0.45%.
According to official data released on April 17, food prices saw a sharp rise of 3.12% in March compared to 2.69% in the previous month.