Difference Between CPI and WPI with Example

Difference between CPI and WPI with example The Consumer Price Index (CPI) reflects variations in retail prices faced by households and serves as an indicator of changes in the cost of living. On the other hand, the Wholesale Price Index (WPI) captures price fluctuations at the wholesale stage, before goods are sold in the retail market. A major distinction is that CPI covers both goods and services, whereas WPI measures price changes only for goods.