International
India's Inflation Quickens to 3.4% in March
India's inflation, measured by the Consumer Price Index (CPI), rose to 3.4% annually in March, faster than 3.21% in February, according to data released by the Ministry of Statistics and Program Implementation on Tuesday.The overall increase was driven by a rise in both rural and urban inflation, which stood at 3.63% and 3.11%, respectively, in March.Food inflation, measured by the Consumer Food Price Index, climbed to 3.87% in March from 3.47% in February. Rural food inflation was recorded at 3.96%, while urban food inflation came in at 3.71%.Housing inflation for March was provisionally at 2.11%, with rural housing inflation at 2.54% and urban at 1.95%, the data showed.
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