Mrunal – Pillar 4E: Macroeconomic Indicators – Inflation, WPI-CPI (pp. 808–832)
🎯 Targets to Complete
📊 Inflation & Economic Impact
- Indicators: Inflation 📈 – Inflation as rising prices & its economic impact.
- Inflationary and Deflationary Gaps ⚖️ – Gaps between actual & potential output.
- Combating Inflation or Deflation 🛡 – Monetary & fiscal tools to manage prices.
📋 Indices & Measurements
- Indices: WPI, CPI, IIP & Others 📋 – Wholesale Price Index, Consumer Price Index & other indices.
- Inflation Indices 📉 – Indices tracking India’s inflation trends.
- Index: Production – IIP 🏭 – Index of Industrial Production as a measure of output.
- Index of Eight Core Industries ⚙️ – Performance of eight key industrial sectors.
- High Frequency Indicators 🚀 – Real-time data like PMI for monitoring economy.