New Series WPI, IIP Released With 2011-12 Base Year; 199 New Items In WPI Basket | Read
Recall the days when fruits like mousambi, pomegranate or pear and vegetables like radish carrot or jack fruit would cost steeply more than the past but the government's statistics would rub salt in the wounds and say no inflation. All is well? There are no guarantees that Prices won't rise but government has now tweaked the way in which wholesale price inflation is calculated. If prices of such items in the vegetable market rise the inflation figure will depict it. And the government would have to act not just issue denials.
