Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Wholesale Price Index ?

Answer Posted / deepak

The Wholesale Price Index (WPI) is the index used to measure the changes in the average price level of goods traded in wholesale market. A total of 435 commodity prices make up the index. It is available on a weekly basis. It is generally taken as an indicator of the inflation rate in the Indian economy. The Indian Wholesale Price Index (WPI) was first published in 1902, and was used by policy makers until it was replaced by the Producer Price Index (PPI) in 1978.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the current price/level of: the FTSE 100, S&P 500, the Bank of England base rate, LIBOR, a barrel of Brent Crude, an ounce of gold, the US dollar, and the euro?

1063


What documents are required for kyc?

1272


What Is Investment Management System?

1097


How Does Bankruptcy Help Me In The Short Run?

1036


What Do You Mean by Common Seal of a Joint Stock Company?

1124


What is refinancing?

1118


Why did Banks get nationalised?

1046


scope,significance of taxationin private company?

1892


What is meant by priority sector?

1122


What idea do you have about subprime lending?

1013


What is 'alco'?

1256


What is the use of color boxes in WTO category of subsidies?

995


What is earning per share? What does it show?

1068


Explain with any real or imaginary example, the four generic Strategy Alternatives for Marketing

3432


What is 'smart card'?

1069