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Q:

What was the wholesale inflation recorded in India in July 2023?

  • 1
    (-)1.26%
  • 2
    (-)1.36%
  • 3
    (-)1.36%
  • 4
    (-)2.36%
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Answer : 2. "(-)1.36%"
Explanation :

Wholesale price-based inflation remained in negative territory for the fourth consecutive month in July at (-)1.36%. The reason for this is the softening of fuel prices. The Wholesale Price Index (WPI) based inflation rate has been negative since April and stood at (-)4.12% in June. It was 14.07% in July last year.

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