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Given the following data: YearCPI Industrial workerCPI of Urban Non- Manual EmployeesCPI agricultural WPI (1993-94=100 )1995−96313257234121.61996−97342283256127.21997−98336302264132.81998−99414337293140.71999−00428352306145.31995−96444252234155.72000−02463390309161.32002−03482405319166.82003−04500420331175.9 Source Economic Survey, Government of India 2004 - 2005 (i) Calculate the inflation rates using different index numbers. (ii) Comment on the relative values of the index numbers. (iii) Are they comparable? |
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Answer» Given the following data: YearCPI Industrial workerCPI of Urban Non- Manual EmployeesCPI agricultural WPI (1993-94=100 )1995−96313257234121.61996−97342283256127.21997−98336302264132.81998−99414337293140.71999−00428352306145.31995−96444252234155.72000−02463390309161.32002−03482405319166.82003−04500420331175.9 |
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