Wholesale Price Index

Gauging price pressures: New WPI and PPI hold promise, updates are key

The revised WPI expands the basket from 697 to 957 items, and improves the methodology to prepare weightings by using gross value of output instead of net traded value

Govt to phase out WPI, launch new Producer Price Index in 5 years

The government will gradually phase out the Wholesale Price Index (WPI) and introduce a detailed Producer Price Index (PPI) covering output, input and services prices, in a bid to offer a more realistic assessment of inflationary trends in the economy. Addressing media on the subject, Praveen Mahto, Principal Economic Adviser in the Commerce and Industry Ministry, also said that the Department for Promotion of Industry and Internal Trade (DPIIT) will release the revised series of WPI with new base year 2022-23 on June 15, which would replace the existing series with base year 2011-12. In addition, the department would release a new series of Output Producer Price Index (OPPI), Trial Input Producer Price Index (IPPI), and Service Producer Price Index (Service PPI) of seven services - Banking, Securities Transaction, Insurance, Management of Pension Funds, Railways, Air (Passenger), and Telecom with base year 2022-23 on June 15. "Considering the wide usage of WPI in price escalation .

DPIIT set to unveil new WPI series, launch Producer Price Index

The revised wholesale price index will adopt 2022-23 as the base year, while the Producer Price Index is set to be introduced as a new inflation measure

ATM interchange fee may be indexed to WPI; NPCI likely to take up matter

NPCI may review ATM interchange fees and link charges to WPI as rising operating costs put pressure on India's ATM ecosystem

Inflation prints: Wholesale, retail paths diverge amid West Asia turmoil

Over financial years 2017-2026, the volatility of WPI, measured by standard deviation, was almost three times higher than that of CPI, according to the rating agency

Fuel pushes March wholesale inflation to 3.88%; highest in 41 months

The increased rate of inflation in March was primarily due to a jump in prices of crude petroleum & natural gas, other manufacturing, non-food articles, manufacture of basic metals and food articles

Expedite WPI base year revision, says Parliamentary panel report

Committee asks DPIIT to align WPI with revised GDP, CPI and IIP series, and roll out producer price indices to improve price measurement and data accuracy

Old WPI, new GDP base year series: Economists split on the impact

As India shifts its GDP base year to 2022-23, economists are divided on whether the unrevised WPI base will distort real growth estimates, even as CPI has been updated to 2024

New GDP series to improve informal sector estimates, add double deflation

India's revamped GDP series will use richer data and double deflation to better capture the informal economy, address IMF concerns and improve accuracy from 2026

India's wholesale inflation drops to -0.13% in June on food, fuel prices

June 2025 WPI-based inflation: Food index declined to -0.26%, compared to 1.72% in the previous month

WPI inflation falls to 14-month low in May as food, fuel prices dip

Prices of primary food articles (-1.56 per cent) declined for the second month in a row

WPI inflation falls to 13-month low in April as food, fuel become cheaper

The sharpest vegetable price fall since October 2023 and a broad-based slowdown in fuel and manufactured goods inflation pulled WPI to its lowest level in over a year

India's wholesale inflation drops sharply to 0.85% in April on fuel prices

April 2025 WPI-based inflation: Oil prices fell by 3.95%, electricity prices dropped by 1.38%, while coal prices rose slightly by 0.22%

India's wholesale inflation eases to 2.05% in March on food, fuel prices

WPI March 2025: WPI Food Index eased 4.66 per cent from 5.94 per cent the month earlier

India's wholesale inflation increases slightly to 2.38% in February

The inflation was led by acceleration in the prices of manufactured goods categories like food products

WPI inflation rises to 2.38% in Feb from 2.31% in Jan on fuel and power

The fuel and power index increased by 2.12 per cent to 153.8 (provisional) in February from 150.6 (provisional) for the month of January

Fresh harvest pulls down WPI inflation to 2.31%, shows govt data

Prices of food items like cereals (7.33 per cent), wheat (9.75 per cent), pulses (5.08 per cent), onion (28.33 per cent), and milk (2.69 per cent) accelerated during the month

WPI inflation eases to 2.31% in Jan, from 2.37% in Dec on food prices

Jan 2025 WPI-based inflation: Retail inflation eased to a five-month low of 4.31% in January, down from 5.22% in December driven primarily by easing food prices

Wholesale price inflation soars to 2.37% in Dec; food prices see decline

The wholesale price index (WPI) based inflation stood at 0.86 per cent in December last year

NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

The ceiling prices of seven other drugs were revised to include the impact of the 0.00551 per cent increase in drug prices in the National List of Essential Medicines