WebIn India, for example, the WPI was calculated using about 435 elements in the base year 1993-94, but 697 items in the advanced foundation year 2011-12. Consumer Price Index (CPI) The CPI is a consumer price index that tracks changes in the price of products and services sold in retail stores and the price of goods and services sold directly to ... WebIn January 2015, the government replaced the previous base year of 2004-05 with a new base year of 2011-12 for national accounts. The economy’s growth rate was predicted to be 6.9 percent in 2013-14, up from 4.7 percent in 2004 …
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WebDivide the cost of the market basket in the year by the cost of the identical market basket in the base year to get the CPI in any year. For instance, if the price of the product is Rs … Web2 days ago · The retail inflation in March fell to 5.66 per cent, as compared to 6.95 per cent in the same month the previous year. The RBI in its latest bimonthly monetary policy last week kept the repo rate unchanged at 6.5 per cent. The central bank has also said that the bank sees CPI inflation marginally easing to 5.2 per cent in FY2024-24. city bridge plano tx
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WebApr 14, 2024 · On April 10th, 2024, the Aam Aadmi Party (AAP) was accorded the status of a national party by the the Election Commission of India (ECI). However, other parties such as the Trinamool Congress (TMC), the Communist Party of India (CPI), and the Nationalist Congress Party (NCP) have lost their national party status. WebThe Office of Economic Adviser, Ministry of Commerce and Industry, publishes WPI data, whereas the National Statistical Office (NSO), Ministry of Statistics and Programme … WebMar 1, 2011 · Published: March 1, 2011. Recently, the CSO has decided to compile a new series of Urban, Rural and combined (rural+urban) CPI at State/UT/all India leve l with increased scope and coverage. The CPI (rural) and CPI (urban) are to be compiled for each State/UT as well as at all India level. Weighting diagrams of the indices have been … citybridge plano