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Study Lover Veer Official App👉 https://openinapp.co/j5dev WPI (Wholesale Price Index) is used to measure the average change in price in the sale of goods in bulk quantity by the whole seller whereas CPI (Consumer Price Index) measures the change in the price in the sale of goods or services in retail or directly to a consumer. WPI (Wholesale Price Index) is for only goods whereas CPI (Consumer Price Index)is for goods as well as services. 👉For PDF- Join- https://t.me/StudYLoveRVeeR || 👉Follow VeeR on FB- / 247veer 👉Follow VeeR on Instagram: / veertalyan 👉Follow VeeR on Twitter - / veertalyan 👉For PDF FB: / veertalyan 👉For PDF FB: / studyloverveer || 👉Instagram: / studyloverveer || 👉Twitter: / studyloverveer || 👉G+: https://plus.google.com/u/0/+StudYLov... || 👉YouTube: / studyloverveer || 👉Nano Magazine: PIB, AIR, Yojana By VeeR Talyan: • Playlist 👉All Lecture-Polity & Constitution: • Indian Polity by M. Laxmikanth Comple... 👉NCERT Class 11 Economics - Indian Economic - • NCERT Class 11 Economics - Indian Eco... 👉The Hindu Editorial Analysis- • The Hindu Newspaper Editorial Analysi... 👉All Indian Economy Lecture By VeeR- • Indian Economy Lecture By VeeR 👉All Lecture- Economic Survey & Budget- 2017: • Economic Survey & Budget- 2017 By VeeR 👉My Writing Paid: http://amzn.to/2yZ1SmB 👉My Mike: http://amzn.to/2yYYyb0 👉My Laptop: http://amzn.to/2yEVDRN 👉My Software: Screen Recording Software- https://www.movavi.com/ 🙏🏻" A candle loses nothing by lighting another candle"🙏🏻 👍Be Happy, Share & Help Each Other!!! Thank YoU......VeeR What is Consumer Price Index (CPI) in India? How is Inflation calculated in India? What is Wholesale Price Index (WPI)? What is CPI (Rural)? What is CPI (Urban)? What is CPI (Combined)? Explained in hindi. इंडिया में कस्टमर प्राइस इंडेक्स (CPI) क्या है? इंडिया में महंगाई कैसे नापी जाती है? व्होलसेल प्राइस इंडेक्स (WPI) क्या होता है? CPI (ग्रामीण) क्या है? CPI (शहरी) क्या है? CPI (संयुक्त) क्या है? इस वीडियो में ये सभी हिंदी में समझेंगे। To measure inflation in an economy, usually, Wholesale Price Index (WPI) and Consumer Price Index (CPI) are used. Wholesale Price Index helps in measuring the average change in prices received on bulk sale of goods. On the other hand, Consumer Price Index is one that computes the changes in the general price level of a class of consumer goods. In this video, we have explained: How inflation is calculated in India? How inflation is calculated in rural and urban areas of India? How inflation is calculated using WPI? What are the drawbacks of Wholesale Price Index method of inflation calculation? When Consumer Price Index was introduced in India? How Consumer Price Index is used for calculating inflation rate in India? How to get CPI online? What is the difference between WPI and CPI inflation calculation? What are the components of CPI and WPI? RBI adopted the Consumer Price Index (combined) to measure the inflation rate of India. The base year for CPI (combined) is 2012=100. One of the main difference between WPI and CPI is that the Consumer Price Index only covers consumer goods & consumer services and the Wholesale Price Index all goods including intermediate goods transacted. Share if you like the video. #WPI #CPI #Inflation #WPIandCPI