What is WPI and CPI? Discuss the recent changes done by the government.
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WPI means Wholesale Price Index
CPI means Consumer Price Index
There are only few countries using WPI but many nations have already shifted using CPI
Wholesale Price Index is based on the price at which bulk transactions are made
but Consumer Price Index is based on the final prices of the goods
CPI means Consumer Price Index
There are only few countries using WPI but many nations have already shifted using CPI
Wholesale Price Index is based on the price at which bulk transactions are made
but Consumer Price Index is based on the final prices of the goods
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