India's wholesale inflation rises in March on higher energy prices

India's wholesale price index increases to 3.88% in March due to a surge in crude petroleum, natural gas, and mineral oil prices.

Increasing inflation in March is primarily due to increase in prices of crude petroleum and natural gas, the Indian Commerce and Industry Ministry revealed on Wednesday.

Energy costs saw a major spike, with crude petroleum and natural gas prices soaring by 36.16% compared to February.

The manufactured products index also saw a slight increase of 0.88% during the same period.

Food index inflation remained constant at 1.85% year-on-year.