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Friday, October 30, 2020

AICPIN FOR SEPTEMBER-20

 The All-India Consumer price Index Numbers for Industrial Workers (CPI-IW) for the month of September, 2020 is released on New Base: 2016=100. The maiden index on new base for September, 2020 stands at the level of 118 and linking factor for the conversion of new series index to previous series on base 2001=100 is 2.88. (AICPIN for month September 2001-100 based is 340 Increased in two points)

It meant= 118*2.88= 339.84 or 340

What will be price index that will be multiplied by 2.88