Question

inflation rate can be measured by wholesale price index numbers. true ar false​

Answer 1

WPI inflation: The other index measures inflation is the Wholesale Price Index (WPI). While retail inflation looks at the price at which the consumer buys products, WPI is measured based on prices at the wholesale level. “There are two layers between the wholesale price and the retail price.

Answer 2

Answer:

Explanation:

WPI inflation: The other index measures inflation is the Wholesale Price Index (WPI). While retail inflation looks at the price at which the consumer buys products, WPI is measured based on prices at the wholesale level. “There are two layers between the wholesale price and the retail price.