What is Consumer price index (CPI)? – Important Economy Concept – Free PDF Download

• To measure inflation we need an index. The index used to calculate retail inflation in the economy is Consumer Price Index
• Consumer Price Indices (CPI) measures change over time in general level of prices of goods and services that households acquire for the purpose of consumption.

• Is one index sufficient to capture the varied Demography of India?
• CPI Agricultural Labour CPI for Rural Labourer CPI for Industrial Worker CPI rural urban combined

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