Inflation in India

Dipak Basu and Victoria Miroshnik
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Dipak Basu: Nagasaki University
Victoria Miroshnik: Tsukuba University

Chapter 14 in International Business and Political Economy, 2015, pp 144-154 from Palgrave Macmillan

Abstract: Abstract India uses the wholesale price index (WPI) to calculate and then decides the inflation rate in the economy ( mospi.nic.in ). In India, a total of 435 commodities data on price level is tracked through the WPI, which is an indicator of movement in prices of commodities in all trade and transactions. It is also the price index that is available on a weekly basis with the shortest possible time lag only two weeks. The Indian government has taken the WPI as an indicator of the rate of inflation in the economy.

Keywords: Monetary Policy; International Business; Hedge Fund; Private Equity; Capital Inflow (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47486-5_15

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DOI: 10.1057/9781137474865_15

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