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Consumer Price Index

consumer price index

[dropcap]I[/dropcap]t is one of the best known lagging indicators. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power.

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INFLATION RATES MONTH ON MONTH BASIS (%)
(BASE 2007 – 2008)
Period
CPI
Core Inflation
SPI**
WPI
General
Food
Non-food
NFNE*
Trimmed
Jan 16
0.2
-0.6
0.8
0.9
0.6
-0.7
-0.5
Feb 16
-0.3
-0.7
0.0
0.2
0.1
-0.5
-0.6
Mar 16
0.2
0.5
-0.1
0.2
0.2
-0.2
-0.4
Apr 16
1.6
2.4
1.0
1.1
0.6
-0.1
1.3
May 16
-0.2
-0.7
0.2
0.2
0.2
-1.0
0.6
June 16
0.6
1.4
0.1
0.1
0.2
1.1
1.4
July 16
1.3
2.5
0.5
0.6
0.5
1.3
2.3
Aug 16
-0.3
-0.9
0.2
0.2
0.1
0.2
0.0
Sep 16
0.2
0.1
0.2
0.3
0.1
0.1
-0.5
Oct 16
0.8
0.8
0.8
0.9
0.6
0.7
-0.0
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