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Govt to roll out Producer Price Index over next 5 years, WPI phase out to happen gradually
In a major overhaul in the way producer-level inflation is measured in India, the government will gradually replace the Wholesale Price Index (WPI) with a more comprehensive Producer Price Index (PPI).
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economictimes.indiatimes.com
India to unveil broader gauge for inflation in data revamp
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…
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thehindubusinessline.com
India to launch Producer Price Index for measuring inflation in data revamp
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…
