2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The annual rate of inflation based on the all-India WPI is how many % for the month of June?
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15.18%
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14.55%
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15.88%
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15.08%
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Explanation:
Detailed explanation-1: -The rate of inflation based on WPI Food Index decreased from 12.41% in June, 2022 to 9.41% in July, 2022.
Detailed explanation-2: -WPI Inflation Rate in India (June 2022): India’s wholesale inflation eased to 15.18 per cent in June, data released by the Ministry of Commerce & Industry showed.
Detailed explanation-3: -The annual wholesale price inflation rate in India declined to 4.95 percent in December 2022 from 5.85 percent in the previous month, less than the market forecasts of 5.6 percent.
Detailed explanation-4: -CPI Inflation Rate July, IIP Growth Rate June 2022: Retail inflation eases to 5-month low of 6.71% in July, IIP grows 12.3% in June.
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