Friday, December 18, 2009

New system for inflation rates in India

No, the government is not moving towards implementing CPI based inflation calculation, but from October onwards, instead of releasing weekly inflation figures, the full data on wholesale price index will be released only on a monthly basis.

As per the decision taken by the government, the weekly index figures will not be released for manufactured products, but will be limited to primary articles and fuels. Manufactured products have a weightage of 63.74851%, while primary articles and fuel have weightages 22.02525% and 14.22624% respectively in inflation calculation.

The government says that the practice of releasing weekly inflation rates is scrapped to curb "volatility" in the markets. But, is it a gradual shift towards adopting CPI, where CPI figures are generally released on a monthly basis?

Related Articles
- Inflation rates of India (2009)
- Inflation rates of India (2008)
- How is WPI inflation rate calculated in India?
- Commodities and their weight-ages in WPI calculation of India
- Base year and number of commodities used for inflation calculation in India
- The magic of Inflation

19 comments:

sharetipsinfo said...

Hi,

Stock market is on the verge of fall now. If Nifty holds above 4750-4820 for 2-3 closes then we can see bounce back in the market till 5000-5100-5150 within short time.

Indian stock market is falling and is expected to show some recovery soon. Investors should try to grab value stocks from lower levels for good gains.

Few stocks that can be considered are :-

1. Birlacot
2. Sesagoa
3. Uflex
4. Binani Cement
5. Salzer Electronics



Regards
SHARETIPSINFO TEAM

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
SHARETIPSINFO TEAM

charterd accountant said...

Agreed but I am not someone who has the time to keep a track of the market.I invest in lands and they always beat the stocks in long run.

accountant said...

Good observation

tareq said...

If cpi is implemented it will be good for us

Tickerplant RK said...

useful article

Nifty options tips said...

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Anonymous said...

Blogging of finance is pretty essential to enhance the inflation rates

FIX Bytes

BUZZINGSTREET said...

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Nifty is on its peak now and is turning volatile. Investors are suggested to book long delivery positions soon. As after some more upmove we can see profit booking in the market soon. Investors are suggested to grab quality stocks at lower level again.

Stock Tips said...

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Regards
Stock Tips

Stock Tips said...

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Regards
Stock Tips

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Stock Market Tips said...

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Thanks & Regards,
Nifty Options Tips

Stock Tips India said...

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Seems like it’s a nice blog. So let us also add something useful in it. Trading in volatile market can be very fruitful also if we follow technical levels closely. It’s a common saying that stock market can change fortune in either way. But now the question is how to earn money from the Indian Stock Market.

Traders are advised to strictly follow technical analyses and investors can follow fundamental analysis. Many analysts say it’s not wise to follow technical and fundamental analysis together. But we say what the problem is if one does so? As more knowledge will add up things will not have any negative impact.

Regards
Stock Market Tips

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ravi said...

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Vinod Kumar said...

Thanks for the post!Very detailed content about new system of inflation rates Inflation Calculator India