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Inflation in India is primarily measured by WPI (Wholesale Price Index). But, most of the developed economies, Inflation is measured by the Consumer Price Index. This puts the WPI data is not directly comparable with other countries CPI data. Later CPI is started being measured from Jan 2011 onwards. Below chart shows the comparison of how WPI & CPI varies over time.

Note: It is time for India to re-base WPI, as the last time the re-base was done in 2004.

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