Commodities in the wpi series
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GOVERNMENT OF INDIA MINISTRY OF COMMERCE & …
eaindustry.nic.in2. The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. The current series is the seventh revision. The revision entails shifting the base year to 2011-12 from 2004-05, changing the basket of commodities and assigning new weights to the commodities.
Guidelines on Contract price Escalation
gppb.gov.ph3.5 WPI. Refers to the Wholesale Price Index, which measures the monthly changes in the general price level of commodities, usually in large quantities, that flow into the wholesale trading system. 3.6 CPI. Refers to the Consumer Price Index, which measures the monthly changes in the average retail prices of goods and services commonly
05 - indiabudget.gov.in
www.indiabudget.gov.inCPI-C and WPI inflation during the year remained a subject of debate. This divergence can be explained by factors such as variations due to base effect, difference in scope and coverage of the two indices, their price collections, items covered and difference in commodity weights. Further, WPI is more sensitive to cost-push inflation led by ...