The Consumer Price Index for Industrial Workers (CPI-IW) is an economic indicator used by the government in India to track inflation for a particular segment of the consumer market. Looking for the definition of CPI IW? Find out what is the full meaning of CPI IW on truthandlifebible.info! 'Consumer Price Index for Industrial Workers' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource.
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For a developing country like India, a change in the CPI-IW can have catastrophic effects on the ability of people to live stable lives. Workers there tend not to make much money, so a rise in prices can push large segments of the population into poverty.