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Fall in food prices eases WPI inflation, slips marginally to 2.47% in March

Among vegetables, tomatoes saw a price fall of 26.48 per cent in terms of the wholesale price index

Fall in food prices eases WPI inflation, slips marginally to 2.47% in March
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Indivjal Dhasmana New Delhi
Reflecting farmers’ woes, at least in some commodities such as tomatoes, wholesale price food items saw deflation in March. This has pulled down the overall inflation rate marginally to 2.47 per cent in March, from 2.48 per cent in February, even as oil inflation more or less neutralised the impact of food inflation.  

Food deflation stood at 0.29 per cent in March, compared to inflation of 0.88 per cent in February. Within food, vegetables saw deflation at 2.70 per cent, against 5.26 per cent inflation. 

Among vegetables, tomatoes saw a price fall of 26.48 per cent in terms of the