L5/P7: Inflation: WPI, CPI, IIP theory and Survey Analysis; BalticDry, OBICUS,ASI

[@parmardefence]

IIP : BY : 2004 , CSO
3 Components : Manufacturing,Mining,Electricity
WPI : 2004 , DIPP
3 Categs. :
Weightage : Manufacturing>Primary>Fuel
Core = Headline - Food and Fuel
CPI : Food& Beverage>Misc.(Health,Edu)>Housing>Fuel>Pan,Tobacco
Housing has 0 weightage in Rural CPI
Changes in CPI (2015)
1. BY
2. Changes in weightage
3. Non Food Wt. Increased and Food and Fuel wt. Decreased
4. Rural and Urban wt. increased
PPI : In place of WPI (as WPI covers only Goods and it covers both G+S)
PPI : Inflation without Taxes while WPI includes Taxes (i.e from Sellers perspective)
Boldar Committee : Implimentation of PPI
SPI : BY 2004, CSO (R,B,P,T)
Household Expectation Survey by RBI
CPI for Industrial Workers is Calculated by : Labour Bureau and not by CSO

[@modem863]

base year has been changed to 2011-2012 for all four parameter

[@SumitSharma-pr4fl]

Still undefeated leccc

[@barshavalentine8687]

formula for inflation will be...(later price-earlier price)/earlier price*100

[@shwetabeniwal3393]

inflation = difference in price/base year price = 5*100/10 = 50%
It would be wrong if you say current year price/ base year price

[@happypaaji]

true,what is in the lecture is actually how much percent is the current year prices of the base year prices.

[@rajujaiswal8074]

मनमौज मनोज कुमार कमल मैथावाला you r right

[@tradingmatters702]

Actually it is ( 15-10)/10 ×100

[@amitsharma-xm9ds]

very nice vedios sir......we dont have words to thank u..........sir please upload vedios of history art and culture............

[@swetakumari1324]

Inflation= total ratio×wt - total weight/ total weight
I.e
129 - 100 / 100 = 29/100 = 29%

[@shivanisolanki3618]

Thank you sir thank you so much 🙏it was very tough for me n bcz of you it is the easiest.
Keep growing sir

[@caniiss4559]

Next year same here meet me in lbsnaa

[@vivekjasele5396]

super sir ji.you have made it very easy for us.

[@sachinshukla7090]

Formula is wrong on starting it is current year -base year /base year ×100

[@birjubabra8883]

GREAT VIDEO SIR VERY HELPFULL THANK YOU :)

[@SunilKumar-yv1ed]

Excellent presentation

[@Youthsandall-vu9gn]

Hhh

[@harwindersingg7543]

Thanks sir

[@RAHULMISHRA-nk4mw]

Great video sir.

[@Ajay-jp9cq]

sir 2019 prelim exam ke liye monthly current affairs ki kuch video banaye June 2018 se may 2019 tak.

[@SunilKumar-yv1ed]

Please make detailed presentation on stock market

[@Knowledgekingdom25037]

Sir plz upload history lectures 🙏🙏🙏🙏

[@zapak111111111111111]

Guys is there any change in any index since last year or is whatever is in video still holds true ?

[@swetakumari1324]

Inflation=price in current year (1275) - price in base year(1060)/price in base year(1060)
I.e.
1275 - 1060 /1060 = 0.20283 = 20.28% = 20.3%

[@manujmit4749]

nice

[@ramkunvardeshwal7463]

Finally...... Thanks :-P

[@Sumit_music..]

Sir i m new to this..please tell me ..apka ye lecture useful h 2021 _22 upsc ke liye ya latest apke videos beneficial h....

[@jayshah1680]

Hi Sumit,
Concept will remain same, you can update some statistics based on current trend, also Economic survey and budget must be read latest one.

[@shivakumar-2u]

Sir kiya ye 2023-24ke liye bhi helpful hogi kyuki Syd CPI Or WPI ka 2015 se kuch to data change hua hoga

[@rohitkurmi3468]

Initially 20 minutes relevant

[@anooppaswan7938]

thank u sir.

[@rajkumarsinghnaruka8845]

Jai Hind 🇮🇳 sir 🧑‍🏫

[@juhi4101]

Thank you so much😊😇 sir

[@rajujaiswal8074]

Ancient history pr lecter banaye

[@aatmakumar4631]

Nice class sir

[@varunanand7915]

sir budget and eco survey 2017 please

[@meenakshi1657]

sir u r genious

[@guravashok5038]

129/100= 1.29 😊🙏

[@yallaworld1575]

How to I join

[@PoojaVerma-mc3lh]

sir plz update all the stuff for 2018 target...

[@shikha2700]

Hi Pooja!! u put in your own efforts to make necessary changes as I am doing , this way u would be able to hold grip on subject. After completing these 85 lectures move on to Mrunal sir's economy survey and budget 2017.
Minor changes in data here like here in this video base year for wpi,cpi and IIP has been changed recently to 2011-2012, these u can update from daily news itself.

[@ex-muslim--zakirnalayak4703]

Anybody cleared exam?

[@Kaviraj0202]

@@shikha2700 did you clear?

[@nileshkumarmurmu8472]

kya sabhi prakar ke mulya bridhi mudrasfiti kehlati hai

[@brahmaiahvarra4389]

please say all in english

[@Sumit_music..]

Anyone please clear my confusion..

[@meenakshi1657]

plzzzzzz guide us for ugc-net in economics
students of economics need u ,,,plz help

[@raniboorarana6289]

meenakshi

[@paveldas8883]

Sound quality is too bad

[@Sandeep-rw5hh]

fisher index???

[@KUMARRAJESH1]

How 129/100=29%?

[@AbhishekKumar-vs6fm]

From this sir was conveying that price has been increased by 29% i.e 100 to 129

[@PriyaSingh-rl1dl]

Sir pls aap itni jilde m q ho pls thoda relax hoker btey

[@Jaskaran_Singhhh]

129/100=29% kaise aya????

[@csshivampal6060]

bcoz of 129-100/100 = 29

[@virat460]

2️⃣22jan2021

[@muhammadyaseenratherhanjiw3544]

worst vedio quality

[@Modammm]

Then don't watch

[@user-countryabovereligion]

Pakistan ja

[@anooppaswan7938]

Thank u Sir🙏

[@rajujaiswal8074]

Nice