Whole sale price index || WPI || Consumer Price Index ||CPI ||मुद्रास्फीति की माप|| WPI & CPI upsc | скачать в хорошем качестве

Whole sale price index || WPI || Consumer Price Index ||CPI ||मुद्रास्फीति की माप|| WPI & CPI upsc |

Here i am explaining ,how to measure inflation in indian economy. Basically inflation is Price rise of goods and services. Inflation can be measured by change in Price Index. Price index may be wholesale Price Index, consumer Price Index or producer Price Index. In india inflation is measured by wholesale Price Index and consumer Price Index simultaneously. Wholesale Price represent Price change in institutions level. Where consumer Price Index represent Price change, according to consumer. After 2011 , three type of consumer Price Index started by government. CPI-R , CPI-U and CPI combined . But in 2015 CPI base year change by government. Now base year is 2012.where WPI base year is 2011_12.in india inflation measured by point to point method or average method. Actually average method provide better result comparison to point to point method.