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Different baskets, weights, items measured — Why 2 inflation indices are saying different things
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Different baskets, weights, items measured — Why 2 inflation indices are saying different things
CPI in India or Consumer Price Index calculation.
Consider the following statements:1. The weightage of food in Consumer Price Index (CPI) is higher than that Wholesale Price Index (WPI).2.The WPI does not capture changes in the prices of services, which