Question

    According to the data released by the Ministry of

    Commerce and Industry,the wholesale price index (WPI)-based inflation rate fell to ______  in February.
    A 3.85 percent Correct Answer Incorrect Answer
    B 3.74 percent Correct Answer Incorrect Answer
    C 3.55 percent Correct Answer Incorrect Answer
    D 3.48 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the data released by the Ministry of Commerce and Industry,the wholesale price index (WPI)-based inflation rate fell to a 25-month low of 3.85 percent in February.WPI stood at 4.73 per cent in January 2023     The inflation for manufactured items eased to 1.94 per cent in February & softening price pressure in sectors like manufactured food products, leather, wood, paper, chemicals and cement among others.

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