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What is the drawback of the Wholesale Price Index?

Wholesale Price Index (WPI) does not show the situation of consumer price in the country.You can read about the WPI – Wholesale Price Index [UPSC Indian Economy Notes] in the given link.

Further readings:

  1. Consumer Price Index (CPI) – Indian Economy Notes
  2. Topic-Wise GS 3 Questions for UPSC Mains

Related Links

Inflation in Economy- Types of Inflation, Inflation Remedies 

Consumer Confidence Index (CCI) – Important Facts

Producer Price Index (PPI): Definition, An Overview

Purchasing Managers Index (PMI)- How to calculate PMI

Gini Coefficient – Definition, Calculation and India’s Rankings

Index of Industrial Production

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