New Delhi, April 15 -- India's wholesale inflation eased to a four-month low in March, as food prices showed a slower pace of increase, according to provisional data from the Ministry of Commerce & Industry.
Wholesale inflation, a key gauge of producer prices, rose 2.05% year-on-year in March, down from 2.38% in February, and lower than the 2.5% forecast by economists in a Reuters poll.
Food prices, which make up 24.38% of the index, increased by 4.66% in March, a notable slowdown from the 5.94% rise in February.
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Cereal prices rose 5.49% year-on-year in March, easing from the 6.77% increase recorded in February. Meanwhile, vegetable prices con...
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