Economics · Inflation
In 2024, India's CPI inflation hovered around 5.2% while WPI inflation was much lower at 1.3%. This persistent wide gap over months primarily indicates which of the following?
- 1Contraction in wholesale trade and supply chain breakdowns
- 2Rising retail margins and high inflation in the services sector✓
- 3High agricultural productivity lowering retail food costs
- 4Weak consumer demand across rural markets
Correct answer
Rising retail margins and high inflation in the services sector
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Inflation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Inflation