India used WPI (Wholesale Price Index as the measure for inflation but new CPI(
combined) is declared as the new standard for measuring inflation ( April 2014) ...
Measuring inflation is a difficult problem for government statisticians. To do this, a
number of goods that are representative of the economy are put together into ...
Jun 25, 2014 ... In America, by contrast, inflation jumped to 2.1% in May by one measure, leading
to fears that the Federal Reserve was waiting too long to raise ...
The most common and most well-known measure of inflation is the change in the
consumer price index - the CPI. This measure is calculated and published ...
(An index is like a ruler - a formal way to track the change in price of something - see what is an index for details.)
There is also the CPI-W which stands for the Consumer Price Index for Urban Wage Earners and Clerical Workers. This is the index used by social secur... More »
Jan 26, 2015 ... Inflation occurs when the prices of goods and services increase over time.
Inflation cannot be measured by an increase in the cost of one ...
Various indexes have been devised to measure different aspects of inflation. The
CPI measures inflation as experienced by consumers in their day-to-day living ...
Nov 9, 2014 ... Inflation is a sustained increase in the cost of living or the general price ... The
rate of inflation is measured by the annual percentage change in ...
Feb 22, 2013 ... For example, an increase in VAT would cause CPI to increase, but a core
inflation measure like CPI-CT, would stay lower. It is important to be ...
Jan 10, 2013 ... Both the Consumer Prices Index (CPI) and the Retail Prices Index (RPI) measure
inflation. Each aim to measure the changes in the cost of ...