How is inflation calculated?

How is inflation calculated?How is inflation calculated? — Each country has its own method to calculate inflation. However, it reflects how the market prices affect a person’s purchasing capacity. In India, it is based on Wholesale Price Index (WPI) where the price level of the data of 435 commodities is tracked through WPI.

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National Philosophy Day: Date, History, Wishes, Messages, Quotes

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National Philosophy Day: This day encourages critical thinking, dialogue, and intellectual curiosity, addressing global challenges …