How India calculates inflation. Home > India > Business > Business Headline > Commodities How India calculates inflation Commodity Online | May 27, 2008 15:47 IST Last Thursday, when journalists questioned Finance Minister P Chidambaram about the rising inflation rate in the country, he quipped: 'Thank God, it's not Friday.' Yes, indeed, there was no need for Chidambaram to comment on the inflation rate on Thursday, because in India inflation is calculated and announced on Fridays.
How is inflation calculated in India? India uses the Wholesale Price Index (WPI) to calculate and then decide the rate of inflation in the economy. Inflation, the silent killer: Complete Coverage. Data from the Doing Business Project. Doing Business offers economic data from 2003 to the present. The data is presented in a variety of ways useful to researchers, policy makers, journalists and others. Here are some of the options: Economy Snapshots See all the data for 189 economies: rankings for topics, indicator values, and detailed information like the steps required to start a business.
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Worldometers - real time world statistics. Economic Research & Data. U.S. Bureau of Labor Statistics. U.S. Bureau of Economic Analysis (BEA) International Human Development Indicators - UNDP. TradingEconomics.com - Indicators for 196 Countries.