GAP between WPI and CPI; Government and RBI takes Several Measures to Contain Inflation
Year-on-year inflation in October, 2012 measured in terms of Wholesale Price Index (WPI) and the Consumer Price Index (CPI) (New series) was 7.45 per cent and 9.75 per cent, respectively. The details of the level of WPI and CPI (NS) and the rate of inflation are indicated below. Table: Comparative weights, base, indices and …