First Published: 23 Jan 2023, 04:55 PM IST
WPI Inflation: What does it mean?
Updated: 23 Jan 2023, 04:55 PM IST
WPI Inflation is a measure of the rate of change in the prices of a basket of goods and services in a particular market. It is an important economic indicator used to assess the health of an economy, and is calculated based on the prices of 697 commodities.