The index for fuel and power group decreased by 0.91 per cent to 152.4 in March 2025 from 153.8 for February 2025, data shows
India’s wholesale price index (WPI)- based inflation eased to 2.05 per cent in March 2025, as compared to the 2.38 per cent rate in February 2025. The annual rate of inflation based on the all India Wholesale Price Index (WPI) stood at 2.51 per cent in January 2025, the government data showed.
The month-over-month (MoM) change in WPI for March 2025 stood at -0.19 per cent as compared to February 2025. Wholesale food inflation marked a decline to 4.66 per cent in March from 5.94 per cent in February. Inflation in primary articles came down to 0.76 per cent in March as against 4.57 per cent in the corresponding month of 2024.
“The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.05 per cent (provisional) for the month of March 2025 (over March 2024). Positive rate of inflation in March 2025 is primarily due to an increase in prices of manufacture of food products, other manufacturing, food articles, electricity and manufacture of textiles,” the Ministry of Commerce and Industry said in a statement.
The index for fuel and power group decreased by 0.91 per cent to 152.4 in March 2025 from 153.8 for February 2025. The official data showed that the price of electricity and mineral oils decreased in March 2025 as compared to February 2025.
Earlier, India’s retail inflation declined to a seven-month low of 3.61 per cent in February 2025, down from 4.31 per cent in January, according to data released by the National Statistics Office (NSO). This marks the first time since August 2024 that inflation has fallen below the Reserve Bank of India’s (RBI) medium-term target of 4 per cent.
“Assuming a normal monsoon, CPI inflation for the financial year 2025-26 is projected at 4.0 per cent, with Q1 at 3.6 per cent; Q2 at 3.9 per cent; Q3 at 3.8 per cent; and Q4 at 4.4 per cent. The risks are evenly balanced,” Malhotra stated after the Monetary Policy Committee (MPC) meet.
On the other hand, India’s industrial output grew by 2.9 per cent in February 2025, compared to a revised growth of five per cent in January, according to the Quick Estimates of the Index of Industrial Production (IIP) released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.
