Consumption down, but Vanaspati weightage in WPI still high
Source
Posted on
The share of vanaspati in the basket of different types of cooking oils consumed by Indians has nearly halved in the past decade to 2.88%. However, it still holds the second-highest weightage of 14.35% in the wholesale price index (WPI) after palm oil, whereas sunflower and soybean oils, which are now consumed more, get a lower weightage in the WPI of 2011-12, an anomaly which may lead to erroneous data about inflation.
