Question

how is whole sale price index different from consumer price index​

Answer 1

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• WPI is Wholesale prices index it is used to measure average change in price in sale of goods or services in bulk quantity by the whole seller and CPI is consumer prices index which measures the change in the price in sale of goods or services in retail or it measures price of goods or services sell directly to consumers. Price Index means an index number which refers to the degree by which the price of goods or services is increased with reference to the base year.

Answer 2

Answer:

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AnsweR:−

WPI is Wholesale prices index it is used to measure average change in price in sale of goods or services in bulk quantity by the whole seller and CPI is consumer prices index which measures the change in the price in sale of goods or services in retail or it measures price of goods or services sell directly to consumers. Price Index means an index number which refers to the degree by which the price of goods or services is increased with reference to the base year.