Ministry of Statistics and Programme Implementation.
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of March 2022 (Provisional) in this press note.
Who is CPI published by?
BLS
BLS calculates and publishes estimates of the 1-month, 2-month, 6-month, and 12-month percent change standard errors annually for the CPI-U.
WHO publishes WPI in India?
the Ministry of Commerce and Industry
The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price Index.
Who published CPI and WPI?
WPI vs CPI Head to Head Difference
| Basis of Comparison – WPI vs CPI | WPI |
|---|---|
| Published By | WPI is published by the office of economic advisor of the Ministry of Commerce and Industry. |
| Measured Price By | It is restricted to goods only. |
| Measurement of Inflation | WPI measures inflation in the first stage. |
Who published CPI Unme?
Ministry of Statistics and Programme Implementation
The All-India Consumer Price Index for Urban Non-Manual Employees [CPI(UNME)], on base 1984-85=100, for the month of January, 2004 has been released by the Central Statistical Organisation (CSO), Ministry of Statistics and Programme Implementation; together with the indices for 59 selected urban centres in India.
What is the current CPI of India?
| Actual | Previous | |
|---|---|---|
| 170.10 | 167.70 | 2012=100, NSA |
What time is the CPI report released?
The CPI report is expected to show headline inflation rose 0.2% in April, or 8.1% year-over-year, according to Dow Jones. That compares with a whopping 1.2% increase in March, or an 8.5% gain year-over-year. The April data is expected at 8:30 a.m. ET Wednesday.
WHO released WPI data in India?
the Ministry of Commerce & Industry
India Wholesale Price Index (WPI) Data: The wholesale inflation across the country rose to 13.11 per cent in February, data released by the Ministry of Commerce & Industry showed.
What is inflation by Drishti IAS?
Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. Inflation measures the average price change in a basket of commodities and services over time.
WHO calculates inflation India?
the Ministry of Statistics and Programme Implementation
Two different government agencies, namely the Ministry of Statistics and Programme Implementation (MOSPI) and the Ministry of Labour and Employment, publish a number of consumer price indices (Table 2). Each index has its own set of weights and the base period used varies across measures.
Does India use WPI or CPI?
India uses changes in the CPI to measure its rate of inflation. The WPI measures the price of a representative basket of wholesale goods.
Which inflation index is released by NSO?
the Consumer Price Index (CPI)-
The retail inflation rate in India – measured by the Consumer Price Index (CPI)- came in at 6.07% in February 2022, as per data released by the National Statistical Office (NSO) on Friday.
Why India chose CPI over WPI?
“Conceptually, the CPI is a better indicator of demand side pressures than the WPI… and there is no denying that consumer prices better reflect demand side pressures than wholesale prices,” Subbarao said at the RBI’s 5th Statistical day celebrations at the Mint Road office.
How often is CPI released Upsc?
This index is released on the 20th of the succeeding month.
How many items are in CPI basket in India?
There are 697 items are included in the index. These items are further divided into three categories: Primary articles: The Primary articles are food items, non-food items and minerals.
What is the latest CPI number?
Latest Numbers
- Consumer Price Index (CPI): +0.3% in Apr 2022.
- Unemployment Rate: 3.6% in Apr 2022.
- Payroll Employment: +428,000(p) in Apr 2022.
- Average Hourly Earnings: +$0.10(p) in Apr 2022.
- Producer Price Index – Final Demand: +0.5%(p) in Apr 2022.
- Employment Cost Index (ECI): +1.4% in 1st Qtr of 2022.
How is CPI measured in India?
Currently, CPI in India is calculated by taking a basket of 299 commodities as compared to 676 commodities in WPI. Basically, CPI is calculated by considering the retail price change of goods and services and by taking the average weighted value of each item in the basket.
What is the CPI of 2021?
Over the 12 months from January 2021 to January 2022, the Consumer Price Index for All Urban Consumers (CPI-U) rose 7.5 percent. This is the largest 12-month increase since the 12-month period ending February 1982. Food prices increased 7.0 percent over the past year, while energy prices rose 27.0 percent.
Where is CPI data released?
The Bureau of Labor Statistics
The Bureau of Labor Statistics publishes a schedule of monthly release dates for the Consumer Price Index (CPI) and associated data on consumer inflation. The CPI measures changes in what American consumers pay for everyday items ranging from coffee to cars.
How often is the Consumer Price Index published?
The BLS publishes two CPI indexes each month.
How often is CPI updated?
CPI data are reported on a not seasonally adjusted basis as well as a seasonally adjusted basis. Sometimes the index level itself will be reported, but it is also common to see 1-monthor 12-month percent changes reported.
