India’s wholesale inflation eased to a six-month low of 2.05% in March from 2.38% in February. This decline was driven by a broad-based fall in prices across most categories. The wholesale price index dropped 0.19% from the previous month.The primary articles index declined 1.07% sequentially to 184.6 in March, mainly due to softer prices of crude petroleum and natural gas. The fuel and power index also fell 0.91% to 152.4. However, the index for manufactured products, which carries the most weight in the WPI basket, rose 0.42% to 144.4.
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