Wholesale Price Inflation in India: A Closer Look at March Trends

Inflation Trends in March 2025

New Delhi: According to recent government statistics, wholesale price inflation in India decreased to 2.05% in March, down from 2.38% in February.

However, when compared year-on-year, the wholesale price index (WPI) inflation increased, registering at 0.26% for March 2024.

The industry ministry noted that the positive inflation rate in March 2025 was largely influenced by rising prices in sectors such as food product manufacturing, other manufacturing, food articles, electricity, and textiles.

WPI data indicated that food inflation dropped to 1.57% in March, a significant decline from 3.38% in February, with vegetables experiencing a notable deflation of 15.88% during the month, compared to 5.80% in the previous month.

Conversely, inflation for manufactured goods rose to 3.07% in March, up from 2.86% in February.

Additionally, the fuel and power sector saw an increase, with inflation rates climbing to 0.20% in March, reversing the deflation of 0.71% recorded in February.