CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Retail inflation declined to what percent in September, mainly due to lower food prices, according to government data released?
A
4.35%
B
8.35%
C
5.35%
D
6.35%
Explanation: 

Detailed explanation-1: -As per the latest data released by the National Statistical Office (NSO), the inflation in the food basket was 7.01 per cent in October as against 8.6 per cent in September.

Detailed explanation-2: -The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 10.7% (Provisional) for the month of September, 2022 (over September, 2021) against 12.41% recorded in August 2022.

Detailed explanation-3: -Retail inflation jumps to 5-month high of 7.41% in September - Times of India.

Detailed explanation-4: -The IIP had risen 4.2 per cent in October 2021, the data showed.

Detailed explanation-5: -The country’s retail inflation, which is measured by the consumer price index (CPI), dropped to a 1-year low of 5.72% in Dec. 2022 from 5.88% in Nov. 2022.

There is 1 question to complete.