Question

where can we get some important index numbers such as CPI IIP etc​

Answer 1

Answer:

The rate of inflation in December 2017 was 5.21 index points, which was the highest in last 17 months. We hear about the term inflation often and how it affects our price levels along with our currency’s power. As you might have noticed the unit for measurement of inflation is index point. In essence, inflation and index numbers are intimately connected to each other. So it is important for us economics students, to understand some important index numbers such as CPI and WPI.

Answer 2

Answer:

Some of the widely used index

numbers — WPI, CPI, Index Number of

Yield of Principal Crops, Index of

Industrial Production, Index of Foreign

Trade — are available in Economic

Survey.

Explanation: