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What is wholesale priceindex?

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Anonymous

15y ago
Updated: 8/17/2019

The Wholesale Price Index or WPI is the price of a representative basket of wholesale goods. The wholesale price index consists of over 2,400 commodities. The indicator tracks the price movement of each commodity individually. Based on this individual movement, the WPI is determined through the averaging principle. The following methods are used to compute the WPI. Hope that helped.

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15y ago

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