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In this article, we will understand what is Wholesale Price Index (WPI), Consumer Price Index (CPI) and their key differences. Wholesale Price Index (WPI) is an important tool to monitor the ...
If you look at the end number as well, the latest WPI inflation stands at 7%, whereas the CPI inflation figure is 10.09%. Given the composition of both indices and the difference in inflation as ...
While CPI inflation has always been higher than WPI inflation, the divergence has been growing. While the difference in 2012, 2013 and was only 2.2, 3.6 and 3.3 percentage points, it widened to 7. ...
During the same year, CPI (industrial workers) inflation averaged nearly 11%. Such differences in coverage and weightage in WPI and CPI at times lead to diverging trends and make it difficult to ...
There have been considerable discussions on the divergence between inflation measured by consumer price index (CPI) and wholesale prices. The divergence is usually attributed to the definition of ...
However, inflation based on both WPI and CPI are closely monitored by the policy ... The explanation for this difference is the retail margin that remained at high level despite the fall in ...
Another difference ... Certain items on WPI, such as fuel, are also closely linked to international prices, creating a gap between the figures on this index and the CPI,” said Hajra.
To be sure, the CPI and WPI baskets are very different in composition, and the difference in the two inflation measures is better understood as inflation facing consumers and producers ...
After CPI, WPI Also Shows Decline The prices of manufactured products, too, declined 1.27 per cent compared to 1.13 per cent in January. While WPI is a key macro data suggesting the price ...
WPI tracks the price changes of goods ... you determine the difference between the two numbers. This difference indicates the increase in the CPI for that specific good or service.