What is Consumer Price Index (CPI) in India? How is Inflation calculated in India? What is Wholesale Price Index (WPI)? What is CPI (Rural)? What is CPI (Urban)? What is CPI (Combined)? Explained in hindi.

There are mainly 2 main types of inflation – cost push inflation and demand pull inflation. These causes of inflation can be controlled by RBI Monetary Policy i.e. CRR (Cash Reserve Ratio) and SLR (Statutory Liquidity Ratio).

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इंडिया में कस्टमर प्राइस इंडेक्स (CPI) क्या है? इंडिया में महंगाई कैसे नापी जाती है? व्होलसेल प्राइस इंडेक्स (WPI) क्या होता है? CPI (ग्रामीण) क्या है? CPI (शहरी) क्या है? CPI (संयुक्त) क्या है? इस वीडियो में ये सभी हिंदी में समझेंगे।

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In this video, we have explained:
How inflation is calculated in India?
How inflation is calculated in rural and urban areas of India?
How inflation is calculated using WPI?
What are the drawbacks of Wholesale Price Index method of inflation calculation?
When Consumer Price Index was introduced in India?
How Consumer Price Index is used for calculating inflation rate in India?
How to get CPI online?
What is the difference between WPI and CPI inflation calculation?
What are the components of CPI and WPI?

RBI adopted the Consumer Price Index (combined) to measure the inflation rate of India. The base year for CPI (combined) is 2012=100. One of the main difference between WPI and CPI is that the Consumer Price Index only covers consumer goods & consumer services and the Wholesale Price Index all goods including intermediate goods transacted.
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