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India introduces PPI for goods and services, begins shift from WPI
India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans to phase out Wholesale Price Index numbers within five years. This aligns with international practices and IMF recommendations. The new PPI will offer better insights into inflation experienced by producers.
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economictimes.indiatimes.com
WPI inflation surges to all-time high of 9.7% under new series
India's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power prices significantly drove this…
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timesofindia.indiatimes.com
India launches producer price index; wholesale inflation gauge to be phased out in five years
India on Monday released producer price index (PPI) data for goods and services for the first time, paving the way for the gradual replacement of the wholesale price index (WPI),…
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India introduces PPI for goods and services, begins shift from WPI
India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans…
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thehindu.com
Govt releases producer price index data; to replace WPI in 5 years
The government introduces Producer Price Index data to replace the Wholesale Price Index in five years, enhancing price movement analysis.
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New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
India's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Price Index series, with a 2022-23 base…
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Wholesale inflation rises for 8th month in row, PPI debuts
NEW DELHI: India’s wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April on account of high prices of crude oil and manufactured products,…
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hindustantimes.com
India releases new wholesale price inflation index; tweaks fuel, food categories
The new Wholesale Price Index (WPI) shifted the base year from 2011-12 to 2022-23 along with a release of Producer Price Indices (PPI) | India News