A. Industrial growth
B. Fuel imports
C. Weekly price changes of essential items
D. Currency exchange rate
Explanation:
The Sensitive Price Indicator (SPI) measures the weekly price changes of essential items. It provides a short-term view of inflation by tracking the cost of food, fuel, and other basic commodities that affect households directly.
SPI is useful for policymakers to monitor price fluctuations and take timely measures to control sudden increases in essential goods.
Key details about the Sensitive Price Indicator:
- Measures weekly price changes of essential items
- Focuses on food, fuel, and basic commodities
- Helps monitor short-term inflation trends
- Guides timely policy decisions to stabilize prices