how is wholesale price index different from consumer price index???
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Explanation:
Wholesale Price Index is a measure of the average change in the price of goods at a wholesale level or in the wholesale market. Consumer Price Index is another price index that calculates price changes of goods and services that a consumer has to pay for consuming a basket of goods.
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Wholesale Price Index, or WPI, measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses. WPI is unlike the Consumer Price Index (CPI), which tracks the prices of goods and services purchased by consumers.
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