Wholesale Inflation rate rises above seven percent

Wholesale Inflation rate in the country zoomed above 7 per cent driven by an increase in prices of fuel, food and manufactured goods. As per the provisional data released for the month of March by Department for Promotion of Industry and Internal Trade of the Commerce Ministry, the annual rate of WPI inflation stood at 7.39 per cent for the month of March over the corresponding period of last year. However, month-on-month rate of inflation stood at 1.57 % per cent. The Department has said in its...