India's wholesale prices fell to a lower-than-expected 5.70 per cent after having risen to over a three-year high of 6.55 per cent in February, official data showed on Monday.
The data compares with a 5.98 per cent annual rise forecast by economists in a Reuters poll. In February, prices rose a provisional 6.55 percent, the fastest pace in two-and-a-half years.
Last month, wholesale food prices rose 3.12 per cent year-on-year, compared with a provisional 2.69 per cent rise in February, the data showed.