Wholesale Price Inflation in India climbed to eight-year high of 7.39 per cent in March 2021 compared to the same month last year, primarily due to higher fuel and power prices. Before this, WPI-based inflation was recorded at 8.6 per cent in March 2013. On a month-on-month basis, WPI inflation saw 1.57 per cent rise as compared to 4.17 per cent in February, the commerce ministry data shows.

"The annual rate of inflation stood at 7.39 per cent (provisional) for the month of March, 2021 over March, 2020. However, month-on-month (March 2021 over February 2021) rate of inflation stood at 1.57 per cent," stated the Ministry of Commerce and Industry.

Wholesale Price Inflation in India climbed to eight-year high of 7.39 per cent in March 2021 compared to the same month last year, primarily due to higher fuel and power prices. Before this, WPI-based inflation was recorded at 8.6 per cent in March 2013. On a month-on-month basis, WPI inflation saw 1.57 per cent rise as compared to 4.17 per cent in February, the commerce ministry data shows.

"The annual rate of inflation stood at 7.39 per cent (provisional) for the month of March, 2021 over March, 2020. However, month-on-month (March 2021 over February 2021) rate of inflation stood at 1.57 per cent," stated the Ministry of Commerce and Industry.