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A Note on the Wholesale Price Index in 1960-61

Author

Listed:
  • S. U. KHAN

    (Institute of Development Economics, Karachi.)

  • RAFIQUE AHMAD KHAN

    (Institute of Development Economics, Karachi.)

Abstract

In this note an attempt is made to extend the wholesale price index prepared in the Institute of Development Economicsl to 1960-61. That index, which was computed for the East and West wings separately and for the whole of Pakistan, covered a period of nine years from 1951-52 to 1959-60 (July-June) with 1951-52 as the base year. The West Pakistan index covers 35 commodities while the commodities included in East Pakistan index number 25. The weights for each wing are derived from the net quantity available to final users in each year. It should be remembered that this wholesale price index is not an all-purpose general price index; its coverage and scope are limited.

Suggested Citation

  • S. U. Khan & Rafique Ahmad Khan, 1961. "A Note on the Wholesale Price Index in 1960-61," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 1(3), pages 73-78.
    • Handle: RePEc:pid:journl:v:1:y:1961:i:3:p:73-78
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