The conversation between human and AI assistant.
Why does India use WPI instead of CPI to calculate inflation?
Yes, it does. What are some factors that contribute to changes in WPI in India?
There are a number of factors that can affect WPI in India, such as changes in fuel and energy prices, raw material costs, global market trends, and government policies. These factors can have a significant impact on the prices of goods and services produced by Indian businesses, which in turn can affect the overall rate of inflation. Is there anything else you would like to know?