Question

    According to data released by the Ministry of Statistics

    and Programme Implementation (MoSPI), India's consumer price index (CPI)-based inflation rose sharply to _______in July.
    A 6.54 percent Correct Answer Incorrect Answer
    B 6.99 percent Correct Answer Incorrect Answer
    C 7.12 percent Correct Answer Incorrect Answer
    D 7.44 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), India's consumer price index (CPI)-based inflation rose sharply to 7.44 percent in July. The rise in inflation is primarily due to food inflation, which came in at 11.51 percent. The rural inflation in July stood at 7.63 percent. The urban inflation for the same month stands at 7.2 percent.

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