A Note on the relationship between common items of Wholesale Price Index (WPI) and Consumer Price Index (Industrial Workers)

Saju K. Surendran This note is an attempt to gauge the long run relationship between common items of Wholesale Price Index (WPI) and Consumer Price Index (Industrial Workers). For the empirical analysis the Johansen’s Trace test for co-integration has been applied on monthly data (January, 2006 to January, 2011) of WPI and CPI (IW). This [...]