Q. Which one of the following factors can cause an increase in wholesale inflation?
Quarterly-SFG-Jan-to-March
Red Book

[A] A decline in raw material costs

[B] An increase in global commodity prices

[C] Lower fuel prices

[D] Strengthening of the domestic currency

Answer: B
Notes:

Explanation – Wholesale inflation can rise due to several factors, including an increase in global commodity prices. This is because higher commodity prices lead to increased input costs for manufacturers, which are often passed on to consumers through higher wholesale prices.

Source: DD News


Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants

Subscribe to get the latest posts sent to your email.

Blog
Academy
Community