Wholesale inflation coming in at a 29-month low is not all good news, and should be viewed with necessary caution. The low figure this March comes on a very high base of 14.6% from March last year. And wholesale food inflation is rising, which will eventually be transferred to consumers.
Support Our Journalism
India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.
Sustaining this needs support from wonderful readers like you.
Whether you live in India or overseas, you can take a paid subscription by clicking here.
