FX.co ★ India’s WPI Food Inflation Eases to 1.90% in March YoY, Slipping from February Pace

India’s wholesale food price inflation cooled in March 2026, with the WPI Food index rising 1.90% year-over-year, down from 2.19% in February 2026. The data, updated on 15 April 2026, indicates a slight moderation in price pressures at the wholesale level.

Both the current and previous readings are measured on a year-over-year basis, comparing each month with the same month a year earlier. While food inflation remains positive, the deceleration from February to March suggests some easing in cost pressures across the food supply chain, which could provide partial relief for downstream consumer prices if the trend continues.

Market participants and policymakers will be watching upcoming releases closely to see whether this softening in WPI Food inflation is sustained or proves temporary, particularly given food’s significant weight in India’s overall inflation dynamics.