Inflation slowed for a third straight month in March, as government subsidies held down prices and people's consumption dropped thanks to school holidays.
Commerce Ministry figures show annual headline inflation rose by 2.69% year-on-year from 3.23% in February, 3.39% in January, and 3.63% in December, which was the highest inflation since November 2011.
The ministry has now started using 2011 instead of 2007 as the base year for calculating inflation. It also increased the number of consumer items monitored to 450 from 417.
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