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A man sorts onions at a vegetable wholesale market in Mumbai, February 14, 2019. REUTERS/Francis Mascarenhas/Files
NEW DELHI (Reuters) – India’s annual wholesale price inflation in March accelerated to 3.18 percent, its highest in three months, government data showed on Monday, boosted by a jump in the prices of food and fuel products.
Last month, the wholesale price inflation came in at 3.20 percent, in line with the forecast by economists in a Reuters poll, and higher than provisional 2.93 percent in February.
Wholesale food prices in March rose 3.89 percent year-on-year, compared with a 3.29 percent jump a month earlier, the data showed.
Reporting by Manoj Kumar, Editing by Sherry Jacob-Phillips
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