Okara
Prime Minister (20k+ posts)
What is CPI?
The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.
CPI India
https://tradingeconomics.com/india/consumer-price-index-cpi
As per above data.
In the middle of 2018 the CPI was around 140 and now its around 162
This means a 15% increase over the last 3 years
Currency Exchange Rate to USD
August 18, 2018: 70
Today: 73.5
Devaluation in Currency: 5%
CPI Pakistan
https://tradingeconomics.com/pakistan/consumer-price-index-cpi
In the middle of 2018 the CPI was around 115 and now its around 147
In the same period the increase in Pakistan is 28% this means
Currency Exchange Rate to USD
August 18, 2018: 124
Today: 166
Devaluation in Currency: 34%
What do u say?
The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.
CPI India
https://tradingeconomics.com/india/consumer-price-index-cpi
As per above data.
In the middle of 2018 the CPI was around 140 and now its around 162
This means a 15% increase over the last 3 years
Currency Exchange Rate to USD
August 18, 2018: 70
Today: 73.5
Devaluation in Currency: 5%
CPI Pakistan
https://tradingeconomics.com/pakistan/consumer-price-index-cpi
In the middle of 2018 the CPI was around 115 and now its around 147
In the same period the increase in Pakistan is 28% this means
Currency Exchange Rate to USD
August 18, 2018: 124
Today: 166
Devaluation in Currency: 34%
What do u say?