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Home » News » Wholesale inflation slipped to around 2% in March

Wholesale inflation slipped to around 2% in March

Jessica BrownBy Jessica Brown Business
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Producers inflation, measured by the wholesale price index (WPI), decreased to approximately 2% in March 2025, below 2.38% in February, but even above 0.26% recorded in March 2024

Producers inflation, measured by the wholesale price index (WPI), decreased to approximately 2% in March 2025, below 2.38% in February, but even above 0.26% recorded in March 2024

The inflation of the producers based on the wholesale pricing index (WPI) fell to about 2 percent in March compared to 2.38 percent in February, the government reported Tuesday. However, it is much greater than 0.26 percent in March 2024.

“The positive inflation rate in March 2025 is mainly due to the increase in the prices of food products, other manufacturers, food items, electricity and textile manufacturing, etc.,” said a statement from the Ministry of Commerce and Industry.

According to WPI data, food inflation decreased to 1.57 percent in March 3.38 percent in February, with vegetables seeing an acute fall. Deflation in vegetables was 15.88 percent. Turning the months, compared to 5.80 percent in February. However, inflation in manufactured products saw a 3.07 percent increase in March, compared to 2.86 percent in February. Fuel and power also saw an increase, with an inflation rate by 0.20 percent in March, against a defalation or 0.71 percent in February.

Aditi Nayar, chief economist of ICRA LTD, said that the fall in the number of headlines was largely directed by food, with WPI food inflation to a minimum of seven months of 4.7 percent from the center in the previous and deeper and deeper to deeper to deeper. Among non -food items, defalration in crude oil and natural gas was extended in March 2025 compared to the previous month, while inflation in non -food primary items was also softened between these months, exercising printing printing down. However, the inflation of the core WPI (not food) increased to a maximum of 25 months or 1.5 percent of 1.3 percent in February 2025.

“Given the sequential softening in the prices of most essential basic products in April 2025 and a favorable base, ICRA expects WPI feed inflation Acute of the influence of food inflation in the second half of the month.

Posted on April 15, 2025

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