Question

Can the CPI number for urban non-manual employees represent the changes in the cost of living of the President of India?

Answer 1

The CPI for the urban non-manual employees cannot represent the changes in the cost of living of the president of India. This is because the consumption basket of an average non-manual employee does not consist of the items that would be a part of the consumption basket of the President of India.

Answer 2

• The CPI for the urban non-manual employees cannot represent the changes in the cost of living of the president of India.

• This is because the consumption basket of an average non-manual employee does not consist of the items that would be a part of the consumption basket of the President of India.

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