WPI inflation rises to 9.87% in June; minerals, food items see price spike

Consider the following statements regarding WPI Inflation Drivers: 1. Mineral Oils and Food Articles are major drivers of WPI inflation in June 2026. 2. Manufacture of Basic Metals is a major driver of WPI inflation in June 2026. 3. Manufacture of Chemicals and Chemical Products has been the primary driver of WPI inflation in June 2026. How many of the above statements are correct?

• A.Only one
• B.Only two
• C.All three
• D.None

The Commerce and Industry Ministry identifies Mineral Oils, Food Articles, Manufacture of Basic Metals, and Manufacture of Chemicals and Chemical Products as major drivers. However, it does not specify which one is the primary driver.

Consider the following two statements: Statement-I: WPI inflation rose to 9.87% in June. Statement-II: The rise in WPI inflation can be attributed to a price spike in minerals and food items. Which one of the following is correct in respect of the above statements?

• A.Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
• B.Both Statement-I and Statement-II are correct but Statement-II is not the correct explanation for Statement-I
• C.Statement-I is correct but Statement-II is incorrect
• D.Statement-I is incorrect but Statement-II is correct

The source explicitly mentions that the WPI inflation rose to 9.87% in June, which is directly related to a price spike in minerals and food items as stated by the Commerce and Industry Ministry.