3 Indian & AP Economy and Planning · 3.5.1 AP macro economy and demography

3.5.1.3 Prices, employment and poverty in AP: CPI, PLFS and the MPI

AP's prices ran slightly above the national level in 2024, its unemployment rate (4.1%, PLFS 2023-24) is above India's, but its multidimensional poverty fell to an MPI of 0.025 (2019-21) (SES 2024-25).

  • APPSC Group 1
  • Advanced level
  • 7 min read
  • Full course

Key terms

  • CPI combined
  • CPI-IW
  • essential commodities
  • price monitoring
  • PLFS
  • LFPR
  • WPR
  • unemployment rate
  • youth unemployment
  • multidimensional poverty index
  • NITI Aayog

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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