Inflation: India
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Between Jan 2010-July 2014, India has seen retail prices rise 35.6% on average, equivalent to an annual rate of about 7%. But different states have witnessed varying levels of price rise. | Between Jan 2010-July 2014, India has seen retail prices rise 35.6% on average, equivalent to an annual rate of about 7%. But different states have witnessed varying levels of price rise. | ||
| + | =Measuring inflation: Wholesale Price Index (WPI) and Consumer Price Index (CPI)= | ||
| + | [[File: Wholesale Price Index (WPI) and Consumer Price Index (CPI) 2014, 2015.jpg| Wholesale Price Index (WPI) and Consumer Price Index (CPI): 2014, 2015; Graphic courtesy: [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=STATOISTICS--08062015008009 ''The Times of India''], Jun 08 2015 |frame|500px]] | ||
| + | [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=STATOISTICS--08062015008009 ''The Times of India''], Jun 08 2015 | ||
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| + | The Wholesale Price Index (WPI) and Consumer Price Index (CPI) are two ways of measuring inflation. Because of different constituents and weights for them, the inflation rates measured by both indices are often different. What is noticeable in recent months is that the two indices are showing divergent trends. The CPI indicates that there has been a rise in prices, while the WPI suggests that prices have fallen.One reason for this could be that food prices, which constitute a much larger part of the CPI, are up significantly over the last year.SOURCE: MOSPI, Office of the Economic Adviser; Research: Atul Thakur; Graphic: Asheeran Punjabi | ||
Revision as of 21:36, 21 June 2015
This is a collection of articles archived for the excellence of their content. |
Price rise (Jan 2010-July 2014)
Pricey Places
The Times of India Aug 30 2014
Between Jan 2010-July 2014, India has seen retail prices rise 35.6% on average, equivalent to an annual rate of about 7%. But different states have witnessed varying levels of price rise.
Measuring inflation: Wholesale Price Index (WPI) and Consumer Price Index (CPI)
_and_Consumer_Price_Index_(CPI)_2014,_2015.jpg)
The Times of India, Jun 08 2015
The Wholesale Price Index (WPI) and Consumer Price Index (CPI) are two ways of measuring inflation. Because of different constituents and weights for them, the inflation rates measured by both indices are often different. What is noticeable in recent months is that the two indices are showing divergent trends. The CPI indicates that there has been a rise in prices, while the WPI suggests that prices have fallen.One reason for this could be that food prices, which constitute a much larger part of the CPI, are up significantly over the last year.SOURCE: MOSPI, Office of the Economic Adviser; Research: Atul Thakur; Graphic: Asheeran Punjabi
