Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 237)

2024-06-13 Economy

237.

What was India's retail inflation rate in May 2024?

4.83%

8.69%

4.75%

5.28%

Answer: Option

Explanation:

India's retail inflation, measured by the Consumer Price Index (CPI), eased to a 12-month low of 4.75% in May 2024, down slightly from 4.83% in April. This figure falls within the Reserve Bank of India's target range of 2-6%, indicating a stable inflationary trend.