Q34) In the past few months, the two main inflation indicators

1.	Q34) In the past few months, the two main inflation indicators — the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) — are moving in widely divergent directions. Consider the following statements: 1) Headline inflation does not include food and fuel prices while Core inflation includes all-item index 2) CPI is measured on base year 2012 3) Reserve Bank of India has now adopted WPI as new measure of Inflation Which of the above statement(s) is/ are incorrect?
Answer» Q34) In the past few months, the two main inflation indicators — the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) — are moving in widely divergent directions. Consider the following statements: 1) Headline inflation does not include food and fuel prices while Core inflation includes all-item index 2) CPI is measured on base year 2012 3) Reserve Bank of India has now adopted WPI as new measure of Inflation Which of the above statement(s) is/ are incorrect?

Q34) In the past few months, the two main inflation indicators — the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) — are moving in widely divergent directions. Consider the following statements: 1) Headline inflation does not include food and fuel prices while Core inflation includes all-item index 2) CPI is measured on base year 2012 3) Reserve Bank of India has now adopted WPI as new measure of Inflation Which of the above statement(s) is/ are incorrect?

Answer»

Q34) In the past few months, the two main inflation indicators — the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) — are moving in widely divergent directions. Consider the following statements:

1) Headline inflation does not include food and fuel prices while Core inflation includes all-item index

2) CPI is measured on base year 2012

3) Reserve Bank of India has now adopted WPI as new measure of Inflation

Which of the above statement(s) is/ are incorrect?

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