Salient Features of Measuring, Interpreting and Addressing Indian Inflation

Kirti Gupta () and Fahad Siddiqui ()

Working Papers from eSocialSciences

Abstract: The paper reviews the calculation of Indian wholesale and consumer price indices and suggests improvements in the light of past experience and international best practices. It confirms that food inflation has been the driver of domestic inflation.

Keywords: Indian; wholesale consumer price; food inflation; domestic; price indices; urjit patel committee; Inflation in India; WPI inflation; CPI inflation; Price distortions; monetary policy transmission; liquidity (search for similar items in EconPapers)
Date: 2014-07
Note: Institutional Papers
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Citations: View citations in EconPapers (1)

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