ECONOMICS
INFLATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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3.1%
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4%
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4.2%
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3.2%
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Detailed explanation-1: -A rise in general index was realized in CPI (2003=100) on the previous month by 2.39%, on December of the previous year by 15.75%, on same month of the previous year by 19.89% and on the twelve months moving averages basis by 17.09% in October 2021. The lowest annual increase was 5.29% in communication.
Detailed explanation-2: -The Consumer Price Index for All Urban Consumers increased 6.2 percent from October 2020 to October 2021, the largest 12-month increase since the period ending November 1990.
Detailed explanation-3: -The Consumer Price Index for All Urban Consumers increased 7.7 percent from October 2021 to October 2022.
Detailed explanation-4: -The All-India CPI-IW for October, 2022 increased by 1.2 points and stood at 132.5 (one hundred thirty two point five). On 1-month percentage change, it increased by 0.91 per cent with respect to previous month compared to an increase of 1.30 per cent recorded between corresponding months a year ago.