New Delhi, April 9 -- Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.

The report highlighted that food prices continued to fall during March, especially in the vegetable segment. Vegetable prices dropped 4 per cent month-on-month, though the pace of decline has slowed compared to previous months.

It said, "Wholesale Price Index (WPI) is expected to moderate to 2.1% y/y in Mar'25, low from 2.4% in the previous month.... Food WPI saw a sustained downtick on seasonal trends. Within food, vegetable prices continued to see sequential drop during the month but ...