Home Economy India Inflation Rises In March; Industrial Production Growth Less-Than-Forecast

India Inflation Rises In March; Industrial Production Growth Less-Than-Forecast

by RTTNews Staff Writer

India’s consumer price inflation rose in March, figures from the Central Statistics Office showed on Friday.

The consumer price index rose 2.86 percent year-on-year following a 2.57 percent rise in February. The reading matched economists’ expectations.

Food inflation rebounded to 0.3 percent in March from a fall of 0.73 percent in February.

Separate data from the statistical office showed that, the industrial production edged up 0.1 percent year-on-year in February, which was slower than the 2.0 percent gain economists had forecast.

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