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  1. www.indianeconomy.net › splclassroom › measurement-of-inflation-in-indiaMeasurement of Inflation in India - Indian Economy

    Apr 25, 2017 · There are two main set of inflation indices for measuring price level changes in India – the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). The WPI, where prices are quoted from wholesalers, is constructed by Office of Economic Affairs, Ministry of Commerce and Industries.

  2. www.indiatimes.com › explainers › newsExplained: What Is Inflation And How It Is Calculated -...

    Feb 16, 2022 · In India, the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) are used to measure inflation (CPI). What is WPI and how does it work? WPI, as the name suggests, measures wholesale prices and was used by the Reserve Bank of India to make monetary policy until 2014.

  3. www.clearias.com › inflation-definition-wpi-cpi-measurement-causesInflation: Definition, WPI, CPI, Measurement and Causes -...

    Mar 11, 2024 · Inflation can be measured at three levels – producer, wholesaler, and retailer (consumer). Prices generally rise at each level till the commodity finally reaches the hand of the consumer. Inflation at the Producer Level. As of now in India, there is no index to measure inflation at the producer level.

  4. www.nextias.com › blog › inflationInflation: Meaning, Types, Measures, Effects & More - Next IAS

    Jun 7, 2024 · In India, inflation is mainly measured through 2 price indices – the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). Another measure of inflation frequently used across the world is – GDP Deflator.

  5. www.indiatoday.in › information › storyWhat is Inflation: Meaning, effects, measures and causes

    Mar 26, 2022 · In India, the Ministry of Statistics and Programme Implementation monitors inflation. INFLATION: MEASURES The WPI (Wholesale Price Index) and the CPI (Consumer Price Index) are two main indices used in India to monitor wholesale and retail price variations, respectively.

  6. cpi.mospi.gov.inMinistry of Statistics and Programme Implementation | Government...

    CPI is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the national accounts. CPI is also used for indexing dearness allowance to employees for increase in prices.

  7. www.livemint.com › market › explainer-what-is-inflation-and-how-it-is-measuredExplainer: What is inflation and how it is measured?

    Apr 15, 2022 · There are two measures of inflation in India, the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). To measure the average consumer’s cost of living, RBI conducts...

  8. en.wikipedia.org › wiki › Inflation_in_IndiaInflation in India - Wikipedia

    India uses changes in the CPI to measure its rate of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, this basket is composed of three groups: Primary Articles (22.62% of total weight), Fuel and Power (13.15%) and Manufactured Products (64.23%).

  9. www.drishtiias.com › to-the-points › paper3Inflation - दृष्टि आईएएस

    Nov 30, 2023 · What are the Different Ways to Measure Inflation In India? The two primary indices used to measure inflation in India are the Consumer Price Index (CPI) and Wholesale Price Index (WPI).

  10. rbi.org.in › Scripts › PublicationsViewPublications - Reserve Bank of India

    Apr 7, 2021 · 1 Headline inflation is measured by year-on-year changes in all-India consumer price index – combined (CPI-C). 2 A change in CPI year-on-year (y-o-y) inflation between any two months is the difference between the current month-on-month (m-o-m) change in the price index (momentum) and the m-o-m change in the price index 12 months earlier (base ...