WPI Inflation Subject – Economy Context – WPI inflation surges to 14.23% in Nov Concept – It is the most widely used inflation indicator in India. Published by the Office of Economic Adviser, Ministry of Commerce and Industry. All transactions at the first point of bulk sale in the domestic market are included. Major criticism for […]

    WPI Inflation Subject – Economy Context – July WPI inflation slows slightly to 11.2% Concept – It is the most widely used inflation indicator in India. Published by the Office of Economic Adviser, Ministry of Commerce and Industry. All transactions at the first point of bulk sale in the domestic market are included. Major criticism for this index is […]

    WPI INFLATION Subject: Economics Context : Official data released on Thursday showed inflation, as measured by the wholesale price index (WPI), accelerated to 7.4% in March, higher than the 27-month high of 4.2% in February. Concept: Wholesale Price Index (WPI) The Wholesale Price Index represents the price of a basket of wholesale goods. […]