CPI reflects the realistic picture of the prices of consumer goods and services
News and Press Release
Dated:- 11-8-2016
Consumer Price Indices (Rural, Urban, Combined), compiled by the Ministry of Statistics and Programme Implementation, reflects the realistic picture of the prices of consumer goods and services because of the following reasons:
* prices are collected from 1,181 selected village markets covering all districts of the country for rural areas and from 1,114 urban markets of 310 selected towns of urban areas;
* these markets are, more or less equally, distributed over different weeks of a month to capture price variations during the month;
* only transaction prices, that is prices actually paid by the consu
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