India's wholesale prices up 5.7 percent in March

NEW DELHI (Reuters) - India's wholesale prices rose a lower-than-expected 5.70 percent year-on-year in March, compared with a 0.45 fall a year ago, dragged down by easing fuel prices, government data showed on Monday.
The data compares with a 5.98 percent annual rise forecast by economists in a Reuters poll. In February, prices rose a provisional 6.55 percent, the fastest pace in two-and-a-half years.
Last month, wholesale food prices rose 3.12 percent year-on-year, compared with a provisional 2.69 percent rise in February, the data showed.
(Reporting by Manoj Kumar; Editing by Malini Menon)
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 17 2017 | 12:12 PM IST
