Wholesale inflation registered in July 2015 is -4.05%
Q. The Wholesale inflation registered in July 2015 is _____.- Published on 28 Aug 15a. -2.04%
b. -1.14%
c. -4.05%
d. -5.1%
ANSWER: -4.05%
Deflationary trends continued for the ninth month in a row in July with wholesale inflation plunging to a low of minus 4.05 percent on cheaper vegetable and fuel. The WPI number follows retail inflation (CPI) data, which had slipped to a record low of 3.78 per cent in July. The overall wholesale price index-based (WPI) inflation was minus 2.40 percent in June. It has been in the negative zone since November 2014. A year ago in July 2014, inflation was 5.41 per cent. During the month, pulses, milk, edible oil, egg, meat and fish turned dearer.
