Inflation tools- How accurate

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Various indices like WPI, CPI are used to measure inflation and determine rate of growth. Real growth is reduced by inflation. The link below is an attempt to examine these tools and see how far these are reliable.

http://in.news.yahoo.com/blogs/opinions/india-inflation-kool-aid-054108817.html

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Yes, a lot depends upon the method of calculation and each tool most often then not will come up with varying results...Really has to keep in mind a lot of things when doing the calculation...

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Created Thursday, 28 April 2011 21:40
Last Updated Tuesday, 30 November -0001 00:00
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