Consider the following 1 Core inflation shows price rise in all goods and services ex...........

Economic Affairs Inflation

Consider the following:

1. Core inflation shows price rise in all goods and services excluding energy and food articles.

2. It basically measures rise or fall in prices of manufactures goods.

3. It was first time used in India in the year 1990-91

4. Though the headline inflation has moderated, core inflation continues to be high in India as per recent MPC report.

Choose the correct answer from the codes below

2 and 3

1, 2 and 4

all of the above

2 only

3rd statement is incorrect.

In India, Core inflation was first time used in the financial year 2000-01.

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