Economics · Macroeconomics (Inflation)
Which of the following differences between WPI and CPI is CORRECT? 1. WPI is published by the Office of Economic Advisor (Ministry of Commerce & Industry), while CPI is published by the National Statistical Office (NSO). 2. WPI covers goods only, while CPI covers both goods and services. 3. The base year for the WPI series is 2011-12, while for CPI it is 2012.
- 11, 2 and 3✓
- 22 and 3 only
- 31 and 2 only
- 41 only
Correct answer
1, 2 and 3
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