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Answer : 2. "(-)1.36%"
What was the wholesale inflation recorded in India in July 2023?
5Q:
What was the wholesale inflation recorded in India in July 2023?
- 1(-)1.26%false
- 2(-)1.36%true
- 3(-)1.36%false
- 4(-)2.36%false
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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.