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  • Inflation Rate:Indices: CPI (Consumer Price Index) WPI (Whole Sale Price Index)

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    Mausam Jha
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    The document discusses India's inflation rates as measured by key indices like the Consumer Price Index and Wholesale Price Index. It notes that the WPI series was updated for more accuracy and reports on weekly changes in inflation rates for primary goods and food/fuel categories from November 2009. Inflation rates had picked up sharply by mid-2009, with consumer prices up 11.5% and wholesale prices also beginning to rise again after three months of negative growth. Food price inflation reached 17.47% by November 21, 2009, higher than the prior year's rate.

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    Inflation

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    The document discusses India's inflation rates as measured by key indices like the Consumer Price Index and Wholesale Price Index. It notes that the WPI series was updated for more accuracy and reports on weekly changes in inflation rates for primary goods and food/fuel categories from November 2009. Inflation rates had picked up sharply by mid-2009, with consumer prices up 11.5% and wholesale prices also beginning to rise again after three months of negative growth. Food price inflation reached 17.47% by November 21, 2009, higher than the prior year's rate.

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    Download as PPTX, PDF, TXT or read online from Scribd
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    39 views6 pages

    Inflation Rate:Indices: CPI (Consumer Price Index) WPI (Whole Sale Price Index)

    Uploaded by

    Mausam Jha
    The document discusses India's inflation rates as measured by key indices like the Consumer Price Index and Wholesale Price Index. It notes that the WPI series was updated for more accuracy and reports on weekly changes in inflation rates for primary goods and food/fuel categories from November 2009. Inflation rates had picked up sharply by mid-2009, with consumer prices up 11.5% and wholesale prices also beginning to rise again after three months of negative growth. Food price inflation reached 17.47% by November 21, 2009, higher than the prior year's rate.

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    Download as PPTX, PDF, TXT or read online from Scribd
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    INFLATION RATE:INDICES

    •CPI(Consumer Price Index)


    •WPI(Whole Sale Price Index)
    RECENT CHANGES

     New WPI series for more accuracy

     change in base year


     Monthly report
     Increase in number of commodities

    New method to be functional from next year.


    Review of inflation rate
    14th November, 2009

     Rise of 1.2 pc from previous week for Primary


    articles.Annual rate on point to point basis was
    11.04pc as compared to 9.94 pc for 7/11/09 and
    12.66 for 15/11/09

     Index for Food articles group rose by 1.6 pc

     Index for fuel power light & lubricant’s remained


    unchanged.
    21st november,2009
     Rise of 0.8 pc from previous week for Primary
    articles. The annual rate calculated on point
    to point basis stood at 12.53pc .

     Index for fuel, power ,light & lubricants rose


    by 0.1 pc to 345.0(provisional)from 344.7
    previous week)for the week ended
    21/11/2009 .
    Current Scenario
     Since mid-2009, the inflation rate has picked up
    sharply, most notably for consumer prices, which, by
    September, were up by around 11.5% over a year
    earlier. Wholesale prices have also begun to rise again,
    after remaining in the negative territory for three
    months till August

     The annual rate of food prices rose to 17.47% for the


    week ended November 21,2009 as compared to last
    years inflation rate of 10.75%

     Acording to RBI's forecast the economy is expected to


    grow 6% in the current fiscal year, with inflation
    touching 6.5% by March,2010.

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