• Measures price changes at the wholesale level.
  • Base year is 2011 – 12 ( proposed base year is 2022 – 23).
  • Primarily includes manufactured products, fuel, and primary articles. (service sector not included).
  • The measurement of the WPI is based on production values.
  • Exclude indirect tax.
  • Released by the Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade, Union Ministry of Commerce & Industry.
Consumer Price Index

  • Measure retail inflation.
  • Covers both goods and services.
  • Base year 2012.
  • The weights of the CPI basket are based on the average household expenditure taken from the Consumer Expenditure Survey.
  • Include indirect tax.
  • Released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation.

 

Source: The Hindu

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