Question
What was India’s Wholesale Price Inflation (WPI) in
August, recorded as a four-month high?Solution
WPI rose to 0.52% in August, the highest in four months. It had been negative in July (-0.58%) and June (-0.19%). While higher than those months, it was lower than 1.25% in August 2023. The increase was driven by food articles and manufactured items.
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Successive discounts of 10% and 20% are equivalent to a single discount of?
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