India's annual rate of wholesale inflation decelerated further to (-)2.33 percent (March 2015 over March 2014) from (-)2.06 percent for the previous month on the back of a major decline in prices of fuels and minerals, official data showed on Monday.
The commerce ministry data on wholesale price index (WPI) showed that among the three major groups which form the general index, primary articles rose a bit to 0.8 percent, while manufactured goods and fuels fell to (-)0.19 percent and (-)12.56 percent.