Difference between WPI and CPI
Five National Indices |
In the Indian context, 5 national indices are accounted for inflation measure. |
That Enclude WPI and other four CPI indices |
WPI |
WPI index reflects average price changes of goods that are bought and sold in the wholesale market.WPI in India is published by the Office of Economic Adviser, Ministry of Commerce and Industry. |
Remember This: The data for WPI is monitored and updated on a weekly basis taking into account all the items that form the index. |
Computing the WPI |
The various commodities taken into consideration for computing the WPI can be categorized into primary article, fuel and power, and manufactured goods. |
Primary Articles: .... |
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Indian Economy
- 1 Viksit Bharat@2047 & $5 Trillion Economy Roadmap
- 2 GST: Current Scenario, Impacts & Concerns of States
- 3 Debt Management
- 4 Informal Sector Inclusion in GDP
- 5 Rising Income Inequality
- 6 Inclusive Growth in India
- 7 Potential GDP: Determinants and Hindrances
- 8 Rising Employment Gap despite Strong GDP Growth
- 9 India’s Economic Growth: Key Statistics & Trends
- 10 India’s Export Competitiveness