An Extreme Learning Machine Approach for Forecasting the Wholesale Price Index of Food Products in India
Dipankar Das,
Satyajit Chakrabarti
Abstract:Precise food price forecasting is crucial for any country, and searching for appropriate approach(s) from an assortment of available strategies toward this objective is an open problem. The current Indian Wholesale Price Index (WPI) series contains sixty individual food items in the 'manufacture of food product' category. This work considered the monthly data from April 2011 to June 2022, i.e., one hundred thirty-five months' data of these sixty WPIs. The researchers extracted the linearity, curvature, and aut… Show more
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