India's Annual Wholesale Inflation Falls To -0.92% In April
India's annual wholesale-price based inflation (WPI) fell for the first time in nearly 3 years in April, as prices softened across the board. WPI fell to 0.92%, compared with March where it had risen 1.34%. The data was below Reuters poll that predicted a fall of 0.20%. In April, the food index rose 0.17% year-on-year, from 2.32% in March, while fuel and power rose 0.93% from 8.96%.
