2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1.30%
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1.32%
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1.34%
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1.36%
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Detailed explanation-1: -Wholesale Price Index (WPI) inflation stood at 1.34 per cent in March 2023 versus 3.85 per cent in February 2023. WPI inflation stood at 4.80 per cent in January 2023, the Ministry of Commerce and Industry release stated. The WPI inflation hit a 29-month-low in March.
Detailed explanation-2: -The year-over-year inflation based on WPI Food Index decreased from 2.32% in March, 2023 to 0.17% in April, 2023. 5.
Detailed explanation-3: -Wholesale inflation continues downtrend, moderates to 1.34% in March. India’s wholesale-price based inflation eased in March 2023. The annual wholesale price inflation (WPI) was recorded at 1.34% year-on-year. India’s wholesale-price based inflation eased in March 2023, as input prices continued to moderate.
Detailed explanation-4: -The All-India CPI-IW for March, 2023 increased by 0.6 points and stood at 133.3 (one hundred thirty three point three). On 1-month percentage change, it increased by 0.45 per cent with respect to previous month compared to increase of 0.80 per cent recorded between corresponding months a year ago.