The head of the NCAER was quoted as saying that the Consumer Price Index (CL) will go down next month because of a recent drop in the price of petrol and steel. Which of the following cannot be inferred from the statement?
The cost of petrol and steel has gone down sharply.
Consumption of petrol and steel has gone up.
Petrol and steel are major items in the CPI.
The changes in the cost of petrol is reflected quickly in the CPI.
Option B is the valid inference
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