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Current Affairs

WPI Inflation: 10 Month High at 3.1%

Current context: The Wholesale prices-based inflation (WPI) accelerated to a 10-month high of 3.1 % in January 2020.
  • According to the data released by the Ministry of Commerce and Industry, the main factor for the accelerated WPI is costlier food articles, particularly onion and potato.
  • Inflation in the vegetable category stood at 52.72%, while onion prices raised to 293 %, followed by potato at 87.84%.
  • The WPI based inflation was at 2.59% in December 2019, and 2.76% in January 2019.
  • The earlier high WPI was recorded in April 2019, which stood at 3.18%.
  • The rate of price rise for food articles stood at 11.51% in January 2020, as against 13.24% in December 2019.
  • In the manufactured food category, wholesale inflation was recorded at 0.34 % against a negative print of 0.25 % in December 2019.
WPI Inflation: 10 Month High at 3.1%

Question: 

Q.1 The Wholesale prices-based inflation (WPI) accelerated to a 10-month high of _________ in January 2020? 
a. 3%
b. 3.1%
c. 3.2%
d. 3.4%
WPI Inflation: 10 Month High at 3.1% WPI Inflation: 10 Month High at 3.1% Reviewed by Neha Verma on February 15, 2020 Rating: 5

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