![WPI Falls to 21-Month Low WPI Falls to 21-Month Low](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdfaGNF1GGAPgFYiat9wh8EjjrELCcVk8N8mIraY2Nr2fMSIQHt2Tk6Nh3KCYW4lTWL3bJQaGnc0tmCWZi1MeV-6oGe8jPv6PiXko1ag11-9JY7pUzFFGIoPTX_HInVd9K8i1kqXBG6_O5gS0TAJ0q5Z0nL90JDirq1aL_8gcnyR0bghiRuSUnT43jKA/w320-h256-rw/wpi-inflation.jpg)
- The WPI was recorded to be 5.85% in November 2022, compared to 14.87% in November 2021.
- The primary reason for this fall may be attributed to easing prices of:
- Food Articles
- Chemical and Chemical Products
- Basic Metals
- Textiles
- Paper and Paper Products
- Sector-based WPI Rates in November 2022:
- Food Inflation- 2.17%
- Manufactured Products- 3.59%
- Energy Sector- 17.35%
- Vegetable- (-ve) 20.08%
- The WPI is a measure of change in the price of a basket of goods and products (not services) at a wholesale level.
- It is published by the Office of Economic Adviser under the Ministry of Commerce and Industry and 2011-12 is considered as the base year to calculate it.
Question:
Q.1 The WPI for November 2022 was recorded at?a. 5.85%
b. 6.00%
c. 6.15%
d. 6.30%