Given the following data: Year CPI of Industrial Wor

Given the following data: Year CPI of Industrial Workers (1982 = 100) CPI of Agricultural Labourers (1986-87 = 100) WPI (1993-94 = 100) 1995–96 313 234 121.6 1996–97 342 256 127.2 1997–98 366 264 132.8 1998–99 414 293 140.7 1999–00 428 306 145.3 2000–01 444 306 155.7 2001–02 463 309 161.3 2002–03 482 319 166.8 2003–04 500 331 175.9 Source: Economic Survey, 2004-2005, Government of India (i) Comment on the relative values of the index numbers.(ii) Are they comparable?

Answer»

Given the following data:

Year	CPI of Industrial Workers (1982 = 100)	CPI of Agricultural Labourers (1986-87 = 100)	WPI (1993-94 = 100)
1995–96	313	234	121.6
1996–97	342	256	127.2
1997–98	366	264	132.8
1998–99	414	293	140.7
1999–00	428	306	145.3
2000–01	444	306	155.7
2001–02	463	309	161.3
2002–03	482	319	166.8
2003–04	500	331	175.9

Source: Economic Survey, 2004-2005, Government of India

(i) Comment on the relative values of the index numbers.

(ii) Are they comparable?