Q. Which of the following inflation shows price rise in all goods and services excluding “energy and food articles”?
Answer: D
Notes:
Explanation: Core Inflation: This nomenclature is based on the inclusion or exclusion of the goods and services while calculating inflation.
- Popular in western economies, core inflation shows price rise in all goods and services excluding energy and food articles.
- In India, it was first time used in the financial year 2000–01 when the government expressed that it was under control—it means the prices of manufactured goods were under control.
Source: Ramesh Singh