What does AICPI-IW stand for?

The Annual Institute of Cost and Price Investigation (AICPI)-Institute of Value Professionals (IWP) - commonly referred to as AICPI-IW- is a benchmark that measures inflation rate of CPI-IW which in turn affects the calculation of pay revisions of central government employees and

• Option 1: The current Consumer Price Index (CPI),
• Option 2: The current Inflation Rate (IR) calculated from CPI