WebApr 16, 2024 · The WPI data comes right after the retail (CPI) inflation scaled a four-month peak of 5.52 per cent in March. In recent years, the WPI and CPI have shown a degree … WebMar 15, 2024 · The divergence between the WPI and CPI inflation is mainly due to Weight Effect, Price Effect, Scope Effect, and other effects (Das and George 2024). Weight effects capture the difference in ...
Why is there a divergence in WPI and CPI inflation? - Economyria
WebJun 15, 2015 · The increasing divergence between WPI and CPI, especially their respective core inflation rates, indicate that the impact of government policy efforts, if any, has at best been marginal. WebNov 16, 2024 · The rate of food inflation based on WPI food index in fact rose 7.65% in October, Whereas the consumer food price index -based inflation rose 7.89%, more or less the same. Due to the difference in … chemists in morley leeds
What is the Actual Rate of Inflation? Divergence between WPI and …
WebAnswer (1 of 2): As mentioned in other answers, WPI is the prices of commodities, CPI is the price paid by consumers for products (made partly or wholly by aforementioned commodities). Two major costs that CPI shows - but WPI doesn’t - is Wage Rate and Profit Margin. For example, the potato you ... WebJul 15, 2015 · #1: In June, the divergence between CPI and WPI reached its widest in years – 7.8 percent. In the whole of 2014, the divergence was less than 4 percent, but after that it has suddenly shot up to 7 percent … WebSimilarly, the movement in prices of non-tradable items included in the CPI basket widens the gap between WPI and CPI movements. The relative price trends of tradable vis a vis non-tradable is an important explanatory factor for divergence in the two indices in the short term. Key Highlights of WPI with 2011-12 as base year flightline hobbies