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As per the data released by the Commerce and Industry Ministry, Wholesale Price Index (WPI) deflation in primary articles was how much per cent in April 2020, as against inflation of 3.72% in March 2020?

As per the data released by the Commerce and Industry Ministry, Wholesale Price Index (WPI) deflation in primary articles was how much per cent in April 2020, as against inflation of 3.72% in March 2020? Correct Answer 0.79

  • Union Govt has released truncated data for April 2020 wholesale price-based inflation.
  • As per the data released by the Commerce and Industry Ministry, Wholesale Price Index (WPI) deflation in primary articles was 0.79% in April 2020, as against inflation of 3.72% in March 2020.
  • The fuel and power basket saw a deflation of 10.12% in April, against 1.76% deflation in March 2020.

Related Questions

Consider the following statements with respect to Consumer Price Index and Wholesale Price Index in India: 1. The WPI is calculated for only goods and CPI is calculated for both goods and services.  2. The WPI is published by the Office of the Economic Advisor in the Ministry of Commerce and Industry while the CPI is published by the Central Statistical Office. 3. The WPI is published on a weekly basis for primary articles and fuel and power and is published monthly for the rest of the items, whereas the CPI is released on a monthly basis. 4. The WPI measures inflation in the initial stages of the supply chain whereas the CPI measure inflation in the later stages of the supply chain. Which among the above given statements are correct?
Consider the following statements regarding the measurement of rate of inflation.
Statement I The rate of inflation is measured on the basis of price indices which are of two kinds-Wholesale Price Index (WPI) and Consumer Price Index (CPl).
Statement II A price index is a measure of the average level of prices.
Statement III Price index shows the exact price rise or fall of a single good.
Consider the following statements: 1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI). 2. The WPI does not capture changes in the prices of services, which CPI does. 3. Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates. Which of the statements given above is/are correct?
Which of the following correctly explains the difference between WPI and CPI inflation? 1. CPI accounts for the services too unlike WPI. 2. CPI measures inflation down to the retail consumer level, unlike WPI. 3. Both indicators can be used for the measurement of inflation. Choose the correct answer using the codes below:
Which of the following is correct about WPI (Wholesale Price Index) related to inflation? (A) It measures the wholesale prices on a weekly basis. (B) It focuses on both goods as well as services. (C) t measures the wholesale prices on a monthly basis. (D) It focuses only on goods, not on services.
A Morgan Stanley report expects WPI (Wholesale Price Index) inflation to have accelerated to how much per cent YoY in April 2021 from 7.4% YoY in March?
With reference to India, consider the following statements: 1. The Wholesale Price Index (WPI) in India is available on a monthly basis only. 2. As compared to Consumer Price Index for Industrial Workers (CPI(IW)), the WPI gives less weight to food articles. Which of the statements given above is/are correct?
Data released by the government showed that wholesale price index (WPI) based inflation fell to how much per cent in July from 12.07% a month ago?
According to the official data released by the Commerce and Industry Ministry, wholesale inflation climbed to a 5-month high of how much per cent in October 2021?
The Wholesale Price Index (WPI) went up marginally to how much per cent in August 2021 from 11.16 per cent in July 2021?