With reference to India, consider the following statements: 1. The Wholesale Price Index (WPI) in India is available on a monthly basis only.

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With reference to India, consider the following statements:

1. The Wholesale Price Index (WPI) in India is available on a monthly basis only.

2. As compared to Consumer Price Index for Industrial Workers (CPIIW), the WPI gives less weight to food articles.

Which of the statements given above is/are correct?

(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2


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Salim Ahmed Kawsar

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(b) Weightage of food articles in WPI or the Wholesale Price Index is 22% and in CPI (IW) – 57%. WPI is available on a weekly basis with base year 1993-94.

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