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Measures of Inflation in India: Issues and Perspectives

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  • Deepak Mohanty

Abstract

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, particularly core inflation, and end the discussion with some thoughts on the way forward. [Speech at the Conference of Indian Association for Research in National Income and Wealth (IARNIW)].

Suggested Citation

  • Deepak Mohanty, 2010. "Measures of Inflation in India: Issues and Perspectives," Working Papers id:2372, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:2372
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    File URL: http://www.eSocialSciences.com/data/articles/Document12112010460.6579859.pdf
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    1. D Subbarao, 2009. "Reserve Bank of India Statistics Day- Governor's Inaugural Address," Working Papers id:2109, eSocialSciences.
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    Cited by:

    1. Patnaik, Ila & Pandey, Radhika, 2020. "Moving to Inflation Targeting," Working Papers 20/316, National Institute of Public Finance and Policy.
    2. Bhatt, Vipul & Kishor, N. Kundan, 2015. "Are all movements in food and energy prices transitory? Evidence from India," Journal of Policy Modeling, Elsevier, vol. 37(1), pages 92-106.
    3. Mohd. FAYAZ & Kaur Bhatia SANDEEP, 2016. "Trends , Patterns and Determinants of Indian Current Account Deficit," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(1).
    4. Gurleen Kaur, 2021. "Inflation and Fiscal Deficit in India: An ARDL Approach," Global Business Review, International Management Institute, vol. 22(6), pages 1553-1573, December.
    5. Priyanshi Gupta & Anurag Goyal, 2015. "Impact of oil price fluctuations on Indian economy," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 39(2), pages 141-161, June.

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      Keywords

      national income; wealth; whole sale price index; consumption; expenditure; data; income; prices; crude prices; consumer prices indices; inflation; WPI; CPI; Indian; central banks; monetary policy; prices; primary measures; Keynes;
      All these keywords.

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