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Context
Findings
Rural and Urban Inflation Trends
Notable Declines in Specific Categories
Detailed Inflation Rates
Category |
Inflation Rate (May 2024) |
Rural |
|
CPI (General) |
5.28% |
CFPI |
8.62% |
Urban |
|
CPI (General) |
4.15% |
CFPI |
8.83% |
Combined |
|
CPI (General) |
4.75% |
CFPI |
8.69% |
All about CPI: https://www.iasgyan.in/daily-current-affairs/cpi#:~:text=Consumer%20Price%20Index%20or%20CPI,medical%20care%2C%20education%2C%20etc.
All about CPI and WPI: https://www.iasgyan.in/daily-current-affairs/wpi
PRACTICE QUESTION Q. Which governmental body is responsible for collecting Consumer Price Index (CPI) data in India, specifically for the Urban Non-Manual Employees (UNME), as per the latest statistics? a) Ministry of Finance b) Ministry of Commerce and Industry c) Ministry of Statistics and Program Implementation d) Ministry of Labour Answer: c) Ministry of Statistics and Program Implementation |
SOURCE: PIB
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