Wholesale Price Index

Inflation likely held steady at five-year low of 3.5% in August: Poll

Although food prices, which make up nearly half the inflation basket, have eased significantly in the last two months, erratic monsoon rains across India could harm crop yields

NPPA fixes retail prices for 54 drug formulations and 8 special products

Prices have been fixed for drugs and formulations meant for diabetes, hypertension, heart issues, multivitamins, bacterial infections, and allergies

Rising India food costs likely snapped inflation downturn in May: Report

The Reuters poll of 50 economists conducted June 5-10 predicted consumer price inflation (CPI) is expected to have picked up to 4.89 per cent last month from April's 4.83 per cent.

Govt plans to change base year of key economic gauges like CPI to FY23

Economic indices such as the Index of Industrial Production (IIP), Wholesale Price Index (WPI), and National Income are benchmarked to FY12

India's WPI-based inflation reaches 13-month high of 1.26% in April

April 2024 WPI: Prices of crude petroleum & natural gas and food articles witnessed a surge in April 2024 compared to March 2024, while prices of non-food articles and minerals saw a decline

Wholesale prices rise in March by 0.53% from a year, shows govt data

WPI for potato witnessed a jump of 52.96 per cent against a deflation of 25.59 per cent, while for onion 56.99 per cent as compared to (-) 36.83 per cent in March 2023

Wholesale inflation eases to 0.27% in January, food inflation at 3.79%

WPI inflation January: The highest fall in inflation was witnessed in manufactured products followed by fuel & power

Higher food prices push WPI inflation to 9-month high in December

This is the second consecutive month that the wholesale inflation rate had remained in the positive territory after it had recorded deflation for seven consecutive months until October 2023

WPI-based inflation increases to 0.73% in December on rise in food prices

Positive rate of inflation in December, 2023 was primarily due to an increase in prices of food articles, machinery & equipment, other manufacturing, other transport equipment

WPI inflation in Nov at 0.26%, returns to positive territory after 7 months

The rise in WPI inflation was led by food inflation. The index in this category rose steeply by 4.69% in November as compared to 1.07% in October

'India planning to move from WPI to PPI in future like most G20 nations'

India is planning to move from the Wholesale Price Index to Producer Price Index (PPI) in future as most of the G20 countries follow this practice, an official said. The official said that the National Statistical Commission (NSC) is examining the working group report on the roadmap for introducing the PPI and their recommendations are awaited. "It is with Statistical Commission, so we will wait for the panel recommendation," the official, who did not wish to be named, said. When asked about the future plan on this, the government official said: "Initially, we will probably go with both (WPI and PPI) and after a few years, we may phase out WPI, because we are one of the few countries among G20 which still have WPI. All other including China use PPI". The PPI has been discussed for the past several year. A working group was set up a few years back to determine the methodology and data requirements to move ahead. In 2019, the government constituted a working group for revision of th

WPI inflation at -0.52% for the seventh consecutive month in October

Food inflation declined to 2.53 per cent in October from 3.35 per cent in the previous month

Wholesale inflation hits 6 month high in Sept but stays in negative

Food inflation decreased significantly to 3.35 per cent in September from 10.6 per cent in August

Wholesale inflation rises to -0.26% in Sept, food inflation eases to 1.54%

The WPI-based inflation rate has been in the negative for the sixth consecutive month since April

Through the economic data fog

The picture of the Indian economy is one of near stagnation between 2011 and 2020, a massive bounce-back in the immediate post-pandemic period, and now muted growth

India's WPI inflation remains in deflation for fifth straight month in Aug

The wholesale inflation rate was 12.48 per cent in August last year

WPI inflation sinks to near eight-year low of minus 4.12% in June

Third straight month of dip in inflation, mainly due to high base and moderation across all three major components

WPI inflation in May falls to over 7-year low of -3.48%, shows govt data

The wholesale inflation was 16.63 per cent in May 2022. Earlier, it was minus 3.7 per cent in October 2015

WPI enters deflation in April first time in 3 yrs as mfg item prices dip

WPI declines to 34-month low of -0.92% on the back of high base effect

WPI inflation at 29-month low in March, prices of manufactured goods dip

It was for the sixth consecutive month that wholesale inflation was down to single digits, after remaining in double digits for 18 months