The item having the highest weight in consumer price index for industrial workers is

(i) Food

(ii) Housing

(iii) Clothing

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Solution

The item having the highest weight in consumer price index for industrial workers is food

The weight schemes in CPI for Industrial Workers include food, pan, supari, tobacco, fuel and lighting, housing, clothing, and miscellaneous expenses. The food being the most important component has the highest weight. It implies that the food price changes have a significant impact on the CPI.

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Q. The item having the highest weight in consumer price index for industrial workers in 2017 is .

The monthly per capita expenditure incurred by workers for an industrial centre during 1980 and 2005 on the following items are given below. The weights of these items are 75, 10, 5, 6 and 4 respectively. Prepare a weighted index number for cost of living for 2005 with 1980 as the base.

Items	Price in 1980	Price in 2005
Food	100	200
Clothing	20	25
Fuel and Lighting	15	20
House rent	30	40
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Q. Construct Consumer Price Index Number with the help of the following data:

Consumer Items	Price	Weight
Food Fuel Cloth House Rent Miscellaneous	125 120 66.67 120 150	40 10 25 15 10

Q. With reference to Indian economy, consider the following statements:
(1) Three types of Consumer Price Index are used in the determination of Consumer Price Index.
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Which of the statements given above is/are correct?

Q. Consumer price index for May 2008 was 110. The food index was 100 and that of other items 150. Percentage of the total weight given to food is .

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The item having the highest weight in consumer price index for industrial workers is (i) Food (ii) Housing (iii) Clothing

The item having the highest weight in consumer price index for industrial workers is

(i) Food

(ii) Housing

(iii) Clothing