Economic Buzz: Indian Annual WPI Falls In March

The annual rate of inflation for India, based on monthly WPI, stood at 5.96% (provisional) for the month of March, 2013 (over March, 2012) as compared to 6.84% (provisional) for the previous month and 7.69% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.96% compared to a build up rate of 7.69% in the corresponding period of the previous year.
The official Wholesale Price Index for 'All Commodities' (Base: 2004-05 = 100) for the month March, 2013 rose by 0.2 percent to 170.6 (provisional) from 170.2 (provisional) for the previous month.Source by Commodity Insights