Wholesale worth inflation eased to 2.05 per cent in March, as in opposition to 2.38 per cent in February, authorities knowledge confirmed on Tuesday.
The wholesale worth index (WPI) based mostly inflation, nevertheless, rose year-on-year. It was 0.26 per cent in March 2024.
“Optimistic charge of inflation in March, 2025 is primarily attributable to enhance in costs of manufacture of meals merchandise, different manufacturing, meals articles, electrical energy and manufacture of textiles and so forth,” the business ministry stated in a press release.
As per the WPI knowledge, meals inflation eased to 1.57 per cent in March, from 3.38 per cent in February, with greens seeing sharp drop. Deflation in greens was 15.88 per cent through the month, in comparison with 5.80 per cent in February.
Inflation in manufactured merchandise, nevertheless, noticed a spike at 3.07 per cent in March, in comparison with 2.86 per cent in February.
Gas and energy too noticed an uptick with charge of inflation at 0.20 per cent in March, as in opposition to a deflation of 0.71 per cent in February.