The wholesale price index (WPI) for first week is 400 and for the 2nd week is 500. Calculate the rate of inflation.
Rate of inflation
Or
Rate of inflation
The impact of change in the price of a commodity with little weight in the index will be:
A consumer price index measures changes in:
The item having the highest weight in consumer price index for industrial workers is:
In general, inflation is calculated by using:
The item having the highest weight in consumer’s price index for industrial workers is:
consumer price index measures changes in:
The wholesale price index.
D.A. paid to the workers is based on:
Why do we need an index number?
Why is it essential to have different CPIs for different categories of consumers?
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