Wholesale inflation drops to new low in April 2015

Q.  Deflationary pressure continued for the sixth straight month, as Wholesale Inflation dropped to a new low of ______ in April 2015.
- Published on 14 May 15

a. -2.65%
b. -1.34%
c. -0.50%
d. -4.10%

ANSWER: -2.65%
 
This was largely due to a fall in the prices of fuel and manufactured items. Inflation, as measured by the Wholesale Price Index, was 5.55 percent in April 2014.

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