e-Nagar

October 27, 2007

India’s WPI

Filed under: Thoughts — Ankur Aggarwal @ 2:37 pm

If you did not knew, India is possibly the only significant country in the world which uses WPI (wholesale price index) instead of CPI (consumer price index) to calculate inflation. And this is the reason why inflation figures do not have much relevance for a common man.

Let me first explain what are the individual constituents of WPI.
(more…)

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