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India's March wholesale price index rises to 3.2%

IANS  |  New Delhi 

India's annual rate of based on wholesale prices rose to 3.18 per cent in March, from a rise of 2.93 per cent in February, official data showed on Monday.

Even on a year-on-year basis, the Wholesale Price Index (WPI) data for March furnished by the showed that wholesale prices rose at a faster rate than the rise of 2.74 per cent reported for the corresponding month of 2018.

"The annual rate of inflation, based on monthly WPI, stood at 3.18 per cent (provisional) for the month of March, 2019 (over March, 2018), as compared to 2.93 per cent (provisional) for the previous month and 2.74 per cent during the corresponding month of the previous year," the Ministry said in its review of "Index Numbers of Wholesale Price in India".

"Build up rate in the financial year so far was 3.18 per cent compared to a build up rate of 2.74 per cent in the corresponding period of the previous year," it added.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 15 2019. 12:54 IST
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