Tag: producer price index
Finance ministry asks ministries to move from WPI to PPI in future contracts
New Delhi: The finance ministry has nudged all ministries and departments to move to Producer Price Index (PPI), from the current Wholesale Price Index (WPI),…
PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?
The government has kicked off the retirement of the Wholesale Price Index (WPI), rolling out India’s first set of Producer Price Index (PPI) data on…
Govt to replace WPI with Producer Price Index for future procurement contracts
New Delhi: The Centre is preparing to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) for price escalation and price adjustment…
New producer price index set to replace WPI over next five years
New Delhi: India will introduce a Producer Price Index (PPI) covering output, input and services prices, to offer a more realistic assessment of inflationary trends…
India to unveil broader gauge for inflation in data revamp
India is set to launch a Producer Price Index for the first time, a step toward aligning with most advanced economies, giving policymakers a broader…