Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 175)
175.
What was the provisional annual inflation rate based on the Wholesale Price Index (WPI) in India for June 2024?
3.36%
2.50%
4.10%
3.85%
Answer: Option
Explanation:
In June 2024, India's Wholesale Price Index (WPI) experienced a year-on-year increase of 3.36%. This rise was primarily driven by higher prices in food articles, manufactured food products, crude petroleum & natural gas, and mineral oils. The overall WPI for all commodities increased to 153.9, based on the 2011-12 base year, marking a 0.39% rise from May 2024. The significant factors contributing to this inflation rate include a noticeable increase in the prices of primary articles and manufactured products.
Discussion:
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