ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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A New Way of Looking at WPI Inflation

An attempt is made here to reclassify the commodities covered by the Wholesale Price Index series, first, into two groups, namely, the consumer and non-consumer items, and then further split them into convenient subgroups, and analyse inflation behaviour since April 2005 after dividing the period into increasing and decreasing phases of WPI inflation. The analysis throws up interesting results and provides important lessons.

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