Inflation

Persistent rise in the general price level or "fall in the value of money" is called inflation. Have a look at some important points about Inflation.

• Price Level and purchasing power or value of money are inversely related.
• Changes in price level are measured in terms of whole-sale price (WPI) Index.
• WPI is released by the Department of Industrial Policy and Promotion.
• WPI is constructed weekly since 1942 and shifted to monthly in Nov. 2009.

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