CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which percent did Retail Inflation Surges WPI At 4-Month High In April recently?
A
4.58
B
6.58
C
9.58
D
12.65
Explanation: 

Detailed explanation-1: -Inflation in the food basket rose to 8.38 per cent in April from 7.68 per cent in the previous month. Food inflation, which accounts for nearly half the consumer price index (CPI) basket, reached a multi-month high in April and can remain elevated due to higher vegetable and cooking oil prices globally.

Detailed explanation-2: -Inflation in Household goods and services as well as Miscellaneous items, which indicated that price rise pressures had become all-pervasive and generalised in April, moderated marginally from 7.97% to 6.85% and 8.03% to 6.82%, respectively, in May.

Detailed explanation-3: -India’s Retail Inflation Eases to 7.04 Per Cent in May, From 7.79 Per Cent in April 2022.

Detailed explanation-4: -By India Today Web Desk: India’s retail inflation surged to an eight-year high of 7.79 per cent in April on annual basis.

Detailed explanation-5: -According to the data released by the National Statistical Office, the CPI rate for April was 7.79 per cent.

There is 1 question to complete.