Question

In general, inflation is calculated by using ______ 

पर्याय

• wholesale price index

• consumer price index

• producers’ price index

Answer 1

In general, inflation is calculated by using the Wholesale Price Index.

Explanation:

Wholesale Price Index measures the relative changes in the prices of the commodities traded in the wholesale markets. It assesses situations of overall demand and supply in the market. It focuses on the rate of inflation in the economy.