Clarify the difference between the Wholesale Price Index (WPI) and Consumer Price Index (CPI).
- WPI is determined based on the price of the commodities in the wholesale market while CPI is determined on the basis of the price of the final product available to people.
- Stats for WPI are available weekly while stats for CPI are available monthly.
- Stats under WPI are detailed while limited commodities are included in the stats for CPI.
- Three types of indices are included in CPI.
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