Consumer price index comes to India
The Indian government will begin releasing a consumer price index (CPI) Tuesday to accompany data on wholesale prices, the Deccan Herald newspaper reported. India’s CPI will track price movements in food, beverages and tobacco, fuel, housing, clothing, bedding, footwear and other goods. It will also track prices in the services sector, which constitutes about 60 percent of India’s economy, but not included in the Wholesale Price Index. The newspaper said an index that reflects street-level prices will be a “relief to the common man.”
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