Wholesale Price Index (WPI) is primarily used by policymakers to monitor:
A. Wage growth
B. Producer and wholesale market inflation
C. Consumer inflation
D. Asset price bubbles
Answer: Option B
Solution (By JKSSB Mock Tests)
WPI reflects price changes at the wholesale/producer level, serving as an early indicator of inflationary pressures in the production pipeline before they reach consumers via CPI.
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