Common man buys goods / commodities from
the end shop, end shop buys from dealers and dealers buy from companies / large
dealers. So we have two prices here
whole sale price and consumer price.
Consumer price is the price which the end
consumer pays on the shop and whole sale price is the price between dealers / companies
when they do bulk buying.
WPI is nothing but the whole sale price of
more than 676 commodities. So if the price between dealers rises the products
will be available at a higher rate to the end consumer. In short WPI should
decrease so that end users get goods at lesser rates and thus making economy
healthy.
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