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    Question

    Which of the following statements about food and retail

    inflation is/are correct? 1. Food prices rose to a six-month high of 9.4% in June. 2. Urban food inflation was 9.55%, which is lower than rural food inflation at 9.2%. 3. Retail inflation has stayed below 6% since September 2023.
    A Only 1 is correct Correct Answer Incorrect Answer
    B Only 2 is correct Correct Answer Incorrect Answer
    C Only 3 is correct Correct Answer Incorrect Answer
    D Both 1 and 3 are correct Correct Answer Incorrect Answer
    E Both 2 and 3 are correct Correct Answer Incorrect Answer

    Solution

    Statement 1 is correct: Food prices rose to a six-month high of 9.4% in June. Statement 2 is incorrect: Urban food inflation was 9.55%, which is higher than rural food inflation at 9.2%. Statement 3 is correct: Retail inflation has stayed below 6% since September 2023.

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