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India to replace WPI with new Producer Price Index over five years
In a major overhaul of India’s inflation metrics, the government will launch a revised Wholesale Price Index (WPI) series this month, kickstarting a five-year transition to replace it entirely with a new Producer Price Index
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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…
