FX.co ★ India's WPI Fuel Shows Improvement in March 2024

India's Wholesale Price Index (WPI) for fuel exhibited positive signs in March 2024, with the indicator improving to -0.77% from the previous month's figure of -1.59% in February 2024. This data was updated on April 15, 2024, indicating a recent positive trend in the country's fuel prices.

The comparison made for the WPI Fuel indicator is on a Year-over-Year basis, highlighting the change from the same month a year ago. This improvement in March reflects a better performance in the fuel sector compared to the previous year, showcasing a step towards economic recovery in India's fuel market. Investors and analysts will be closely monitoring future WPI data to assess the continued progress and its impact on the overall economy.