- Wealth PMS (50L+)
As the Wholesale Price Index changes series to the 2004-05 base year, the changes in Primary Articles Inflation are huge.
Primary articles inflation in the new index shows a MUCH higher inflation figure a few months earlier, peaking at 22.4% in March 2010, versus the older series peak of 18.4%. Worrisome in a small way is the sudden jump in Primary Articles inflation to 16.22% in the new index, a five week high.
And the differences between the new and old indices are highlighted here:
Posts on Inflation: