Which index calculates the increase in the wholesale price of food items?

Price index

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Wholesale price index

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Consumer price index

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Food price index

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Solution

The correct option is D Food price index
Food price index or FPI calculates the increase in the wholesale prices of food items like rice, pulses, and milk. Price indices are not only calculated for individuals or companies. They can also be calculated for the entire country, and this is done by the government.

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