India is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and services. It aims to provide a more comprehensive view of inflation. The index will help policymakers better understand and manage price pressures. This move aligns India with major global economies and modernizes its statistical tools.

India is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and services. It aims to provide a more…

The new index, to be unveiled by the Ministry of Commerce and Industry Tuesday, will sit alongside the Wholesale Price Index, which is India’s longstanding measure of…

India is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to align with global standards and better…