How is inflation calculated?

How is inflation calculated?How is inflation calculated? — Each country has its own method to calculate inflation. However, it reflects how the market prices affect a person’s purchasing capacity. In India, it is based on Wholesale Price Index (WPI) where the price level of the data of 435 commodities is tracked through WPI.

Check Also

What are themes for World No Tobacco Day?

What are Themes for World No Tobacco Day?

For effectively celebrating the World No Tobacco Day all over the world, WHO selects a …

Leave a Reply

Your email address will not be published. Required fields are marked *