Economics • Indian EconomyEasy
Which of the following indices is published monthly by the National Statistical Office (NSO) in India to measure price changes of goods and services consumed by households?
A. Consumer Price Index (CPI)✓ Correct Answer
B. Wholesale Price Index (WPI)
C. Producer Price Index (PPI)
D. GDP Deflator
💡 Solution & Explanation
The Consumer Price Index is compiled and released monthly by the National Statistical Office under the Ministry of Statistics and Programme Implementation to track retail price inflation. Conversely, the Wholesale Price Index measures price changes at the producer and wholesale level and is released by the Ministry of Commerce and Industry.
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