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Wholesale Price Index (WPI) and Consumer Price Index (CPI)

Difference Between Wholesale Price Index (WPI) and Consumer Price Index (CPI)

Admin010 mins

Introduction Inflation measurement plays a crucial role in understanding the health of an economy. Governments, central banks, businesses, and individuals depend on inflation indicators to make informed decisions about investment, consumption, and policy formulation. Two of the most widely used indicators for measuring inflation are the Wholesale Price Index (WPI) and the Consumer Price Index…

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Inflation

Inflation: Meaning, Types, Causes, Effects, and Measures

Admin014 mins

Introduction Inflation is one of the most discussed concepts in economics because it affects every individual, household, business, and government. At its core, inflation represents a general rise in prices over a period of time. While moderate inflation is often considered a sign of economic growth, uncontrolled or excessive inflation can destabilize economies and harm…

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