The Consumer Price Index (CPI) rose to a three-month high at 6.52% and the Wholesale Price Index (WPI) based inflation declined to a 24-month low of 4.73% in the month of January 2023. In this Indian Economy Essentials video, we dive into the latest Wholesale Price Index (WPI) and Consumer Price Index (CPI) data. We analyze the recent divergence between the two indices, explore the sticky nature of inflation, the trends in core and retail inflation and examine the Reserve Bank of India's response to this situation as part of the Monetary Policy Framework. Watch this video to gain a better understanding of inflation in India and the factors driving it. Don't forget to like, share and subscribe to our YouTube channel for more such current affairs videos for your UPSC preparation.
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