Gold Silver Reports (GSR) – India’s Wholesale Inflation Hits Eight-Month Low In March – India’s wholesale price inflation eased to an eight-month low in March on the back of softer rise food prices — Inflation measured by the Wholesale Price Index stood at 2.47 percent last month, compared with 2.48 percent in February, according to a statement by the Ministry of Commerce and Industry. That’s marginally higher than the 2.43 percent median estimate of economists surveyed.