The last time WPI-based inflation had actually touched this mark was in the year 2013The wholesale rate index (WPI)-based inflation rate zoomed to an 8-year high of 7.39 per cent in March as fuel and power prices rose to 10.25 per cent, manufactured items rates reached 7.34 percent and food went up to 5.28 per cent.
The last time WPI-based inflation had actually touched this mark was in 2013.
The inflation rate for main posts too experienced an increase, touching 6.40 per cent in March compared to 1.82 per cent in February.The WPI-based inflation had actually shown a rise in February when it had actually stood at 4.17 percent, a 27-month rise.
The March figure of 7.39 per cent is an eight-year high, as it has not touched the 7 per cent levels since 2013.
The March inflation rates of primary short articles (6.40 percent), fuel (10.25 percent), made products (7.34 per cent) and food (5.2 per cent) are at a higher side compared to the figures of February and January 2021.
WPI had risen to 4.17 percent in February compared to 2.51 percent in January, according to the information released by the Ministry of Commerce and Market.