Truth behind the decreasing Inflation rate …………….WPI

The WPI ( Whole sale Price Index) shows the negative trend and every Indian is thinking that if the price of the eseential commodities is not decreased then How can the inflation rate dip……..A million dollar question.

The truth is that – The WPI index is calculating in the base year of 1993-94 which has the 435 commodities including 98 primary articles, 318 Manufactured products and 19 Fuel and energy products and most of these items are outdated and people are not usually use them now and their prices dips and Government did the calculation on these commodities and declare the inflation is decreasing.

Now tell me who is using Dalda or pager in 2009 ………………………….But these items are in the WPI. So, whenever government declared that Inflation is decreasing………this is just an illusion ……….A big hole is still widening in our pocket..