WPI inflation negative for 17th straight month
The Wholesale Price Index (WPI)-based inflation remained negative for the 17th straight month in March as it rose to (-)0.85% year-on-year compared to (-)0.91% in February, data from the government has revealed. Further, the food price inflation for the month stood at 3.73%, up from 3.35% in February while the manufacturing inflation rose to (-)0.13% from (-)0.58%.