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How inflation measured in India?

Updated: 8/17/2019
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12y ago

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inflation in India is measured by whole sale price index.

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Q: How inflation measured in India?
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What has been the inflation rate of India in the last ten years?

http://tradingeconomics.com/india/inflation-cpi


How do you compare inflation rate in India with world inflation rate?

Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.


Inflation in India in march 2009?

On March-7 inflation was 0.44


By what two ways is a nations economy measured?

growth and inflation


How is inflation measured in Ghana?

is measured by using the consumer price index which measures the change in price level


Give the weekly inflation rate in India from January 2008 to March 2008?

Inflation rate in India from nov 2007 to sep 2008


What is the current inflation rate in India and what effects of inflation in India?

Current inflation in India is a bit volatile. However, given different estimated values of commonly understood inflation in India, the Wholesale Price Index for all commodities is 156.8 for the month of October 2011 with a base of 2004-05=100. Inflation is the rate of change over any reference period. So, If we compare the figure with October 2010, the inflation is around 9.5 percent. However, wholesale price index (WPI) is not the only indicator to understand inflation. There are other indicators such as Consumer Price Index (CPI). Even within WPI and CPI there are also divisions for different groups of population. In India, for such subgroups inflation is measured by finding the rate of change in such indices for groups like agricultural labourers, urban non-manual employees, Industrial workers and so on. For a detailed description on inflation in Indian context, one may refer to the link <http://lokkatha.com/150/index.php/economics/55-inflation-a-price-rise-in-essential-commodities-a-consumers-perspective> Inflation & Price Rise in Essential Commodities: A Consumer's Perspective


Inflation rate of India in 2012?

5.3


Current inflation position in India?

explain the inflationary position in india. describe its causes and mention the steps taken by rbi governor to control inflation


What is base effect in inflation?

When changes in the CPI in the base month have a considerable effect on twelve-month measured inflation, this is commonly referred to as a base effect. Base effects are therefore the contribution to changes in the annual rate of measured inflation from abnormal changes in the CPI in the base period.


Why is inflation increasing in india day by day?

Inflation is increasing day by day because of corruption in politics


Can the repo rate decrease the inflation of India?

Not directly.