WPI inflation falls to -2.33% in March 2015

Q.  In India the Wholesale price index based inflation fell to a record low of minus ____ percent in March’15 on account of cheaper food and fuel products as well as manufactured items.
- Published on 03 Apr 15

a. 1.55
b. 2.33
c. 3.33
d. 0.99

ANSWER: 2.33
 
Inflation measured on Wholesale Price Index, WPI, was at minus 2.06 percent in February and minus 0.39 percent in January. It was at 6 percent in March 2014. Deflation was also visible in the manufactured products category where the rate of price rise dropped to a record low of minus 0.19 percent.

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