Download the BYJU'S Exam Prep App for free IAS preparation videos & tests - Download the BYJU'S Exam Prep App for free IAS preparation videos & tests -

What is the wholesale price index?

The Organisation for Economic Co-operation and Development (OECD) has defined the wholesale price index as a measure that reflects changes in the prices paid for goods at various stages of distribution up to the point of retail. It can include prices of raw materials for intermediate and final consumption, prices of intermediate or unfinished goods, and prices of finished goods. 

Further Reading:

Related Links
UPSC Syllabus Syllabus and Strategy for UPSC Economy
NCERT Notes for UPSC UPSC Mains General Studies Paper-3 Strategy, Syllabus & Structure
Previous Year UPSC Question Papers UPSC Mains Economy Questions

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*