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The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. Some countries (like the Philippines) use WPI changes as a central measure of inflation . But now India has adopted new CPI to measure inflation.
Definition: Wholesale Price Index (WPI) represents the price of goods at a wholesale stage i.e. goods that are sold in bulk and traded between organizations instead of consumers. WPI is used as a measure of inflation in some economies.
Wholesale price index (2010 = 100) - India from The World Bank: Data. Free and open access to global development data. Data. This page in: English; Español; Français; العربية; 中文; Wholesale price index (2010 = 100) India. Close. Browse by Country or Indicator. DataBank Microdata Data Catalog. Menu. This page in: English;
1 Νοε 2024 · The Wholesale Price Index (WPI) is the average change in prices of a fixed basket of commodities at the first point of bulk sale in the domestic market over a particular period of time. This is looked at from the manufacturer's and wholesalers' points of view.
5 ημέρες πριν · India Wholesale Price Index (WPI) data is updated monthly, averaging 119.100 2011-2012=100 (Median) from Apr 2012 to Oct 2024, with 151 observations. The data reached an all-time high of 156.100 2011-2012=100 in Oct 2024 and a record low of 104.700 2011-2012=100 in Apr 2012.
15 Μαρ 2022 · WPI and CPI are two different baskets of goods and services. The government assigns different weights to different goods and services based on what is relevant for those two types of consumers.
15 Μαΐ 2024 · WPI measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses. It is calculated and published by the Office of Economic Advisor, Department of Industrial Policy and Promotion in the Ministry of Commerce and Industry.
