WPI And A Whole Lot Of Issues
- Incorrect or incomplete data limits ability to control inflation
- No clarity on 'actual' rate of inflation, most experts say it's on the higher side
- Frequent revisions in inflation data increase public outcry over price rise
- Calculation of inflation on the basis of wholesale prices under question
- New, improved urban consumer index to kick in soon, will replace WPI in 2 years
- A producer price index also in the works, to track reason behind price rises
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