Difference between CPI and WPI

1.	Difference between CPI and WPI
Answer» \tBases of ComparisonWPICPIFull-FormWholesale Price IndexConsumer Price IndexMeaningIt is used to measure the average change in price in the sale of goods in bulk quantity by the whole seller.CPI is a consumer price index that measures the change in the price in the sale of goods or services in retail or directly to the consumer.Published ByWPI is published by the office of economic advisor that Ministry of Commerce and Industry.CPI is published by Central Statistic Office that Ministry of Statistic and Programme Implementation.Measured Price ByIt is restricted to goods only.It is both for goods and services.Measurement of InflationWPI measures inflation in the first stage.WPI measures inflation in the final stage.Prices Bear ByPrices bear by manufacturer and whole seller.Prices bear by the consumer.Number of items covered697448 for rural and 460 for urban.Goods and Services CoveredFuel, power and manufacturing products.CPI covers education, food, transport, communication, recreation, apparel, housing, and medical care.Base/ Reference YearThe Financial YearThe Calendar YearUsed byUsed by a few countries.Used by 157 countries.Date of Released\xa0It releases on a weekly basis for primary articles, fuel, and power for rest items in publishing monthly.It releases on a monthly basis.\t

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