Wholesale Price Index (WPI) in India primarily measures price changes for goods at which stage?
A. Import at customs
B. Factory gate before any distribution
C. First point of bulk sale in the market
D. Retail sale to consumers
Answer: Option C
Solution (By JKSSB Mock Tests)
WPI tracks price movements of goods traded in bulk at the wholesale level (first point of mass sale), reflecting producer and wholesale market inflation, distinct from consumer-focused CPI.
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