CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
WPI Food Index-based food decreased to what per cent in September 2022?
A
5.08 percent
B
6.08 percent
C
7.08 percent
D
8.08 percent
Explanation: 

Detailed explanation-1: -The rate of inflation based on WPI Food Index decreased from 8.08% in September, 2022 to 6.48% in October, 2022,” said the government data.

Detailed explanation-2: -5. Final index for the month of September, 2022 (Base Year: 2011-12=100): For the month of September, 2022 the final Wholesale Price Index and inflation rate for ‘All Commodities’ (Base: 2011- 12=100) stood at 151.9 and 10.55% respectively.

Detailed explanation-3: -The WPI for the month of September was revised to 10.55 per cent from 10.70 per cent, the data showed.

Detailed explanation-4: -The wholesale-based (WPI) inflation eased to 10.7 per cent in September as against 12.41 per cent in August, 2022. The number has remained in double digits for the 18th consecutive month, however, it is significant to note that it has moderated to an 18-month low as well.

Detailed explanation-5: -The consumer price index for food in India fell to 4.19 percent year-on-year in December 2022. This was the lowest value in 2022.

There is 1 question to complete.