|
1. Wholesale Price Index
|
- It measures the change in the price of commodities traded in the wholesale market.
- It is also known as headline inflation.
- **Current base year- 2011-12.
- The index basket of the current series has a total of 697 items (117 items for Primary Articles, 16 items for Fuel & Power and 564 items for Manufactured Products.)
- Published by- Economic Advisor, Ministry of Commerce & Industry.
|
|
2. Old Consumer Price Index
|
a) Consumer Price Index for Industrial Workers (CPI- IW)
- It measures the change in the price of commodities consumed by industrial workers.
- Current base year- 2001
- Published by- Labour Bureau
(b) Consumer Price Index for Urban Non- Manual Employees (CPI- UNME)
- It measures the change in the price of commodities consumed by Non- Manual Employees.
- Published by- CSO (Central Statistics Office, Ministry of Statistics)
- It has been discontinued.
(c) Consumer Price Index for Agriculture Labourers (CPI-AL)
- It measures the change in the price of commodities consumed by agriculture labourers.
- It is a subset of CPI-RL.
- Current base year- 1986-87
- Published by- Labour Bureau
- Used for revising minimum wages
(d) Consumer Price Index for Rural Labourers (CPI- RL)
- It measures the change in the price of commodities consumed by rural labourers (including agriculture labourers, labourers of village and cottage industries).
- Current base year- 1986-87
- Published by- Labour Bureau
- Used for revising minimum wages. The Agricultural Minimum Price is determined by the Commission for Agricultural Costs and Prices.
|
|
3. New Consumer Price Index (Introduced in February 2011)
|
(a) CPI (Rural)-
- Current base year- 2012
- Published by- CSO (Central Statistics Office, Ministry of Statistics)
(b) CPI (Urban)-
- Current base year- 2012
- Published by- CSO
(c) CPI (Combined)-
- Current base year- 2012
- Published by- CSO
Currently, in India inflation rate is measured with the help of Consumer Price Index- combined.
|
|
Consumer Food Price Index
|
- It is a measure of change in retail prices of food items consumed by the people.
- **Current base year- 2012
- Published by- CSO
|
|
© 2023, www.mindplan.in
|
© 2023, www.mindplan.in
|