India's Wholesale Price Index (WPI)-based inflation for the month of March came in at 1.34 per cent against 3.85 per cent in February.
"Decline in the rate of inflation in March, 2023 is primarily contributed by fall in prices of basic metals, food products, textiles, non-food articles, minerals, rubber and plastic products, crude petroleum and natural gas and paper and paper products," the Centre's press release read.