The inflation was also much lower than 5.96 per cent in the year-ago period, according to the data released by the government. The wholesale price index was up by 0.2 per cent to 198.8 points against 198.5 points a year ago.
The government revised the inflation figure downward to 4.18 per cent for the week ended February 25 from provisional 4.29 per cent and WPI stood corrected at 196.8 points from earlier estimate of 197.0 points.
Reserve Bank has estimated inflation to average 5-5.5 per cent in 2006-07, but has also acknowledged the threat to prices from high global crude oil prices hovering at over $70 a barrel.