Summary Price Index
The Consumer Price Index measures the overall change in consumer prices based on a representative basket of goods and services over time. The CPI is the most widely used measure of inflation, closely followed by policymakers, financial markets, businesses, and consumers.
Written for
- Course
- B.COM
Document information
- Uploaded on
- July 17, 2023
- Number of pages
- 4
- Written in
- 2022/2023
- Type
- SUMMARY
Subjects
-
consumer price index
-
wholesale price index
-
calculation
-
difference between wpi and cpi
-
how inflation is calculated in india