Tag: Wholesale 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),…
Global energy, weather risks threaten further easing in wholesale inflation: Economists
New Delhi: Wholesale inflation in the country is likely to remain elevated despite a marginal easing in July, with global energy prices, geopolitical uncertainty and…
India’s wholesale inflation eases to 9.78% in July from 9.87% in June
India’s wholesale inflation eased to 9.78% year-on-year in July from 9.87% in June, according to data released by the commerce ministry on Friday. The June…
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…
Wholesale inflation hits record 9.9% in June on fuel, food prices
New Delhi: India’s wholesale inflation rose to a record 9.9% year-on-year in June, driven by an increase in fuel and food prices amid continued impact…
RBI MPC minutes: ‘Energy prices unlikely to return to pre-conflict levels,’ says economist Saugata Bhattacharya
The Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously kept the repo rate unchanged at 5.25% with a neutral stance at its June 2026…
Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES Bank
New Delhi: India’s wholesale inflationary pressures remain elevated, but easing global crude oil prices and a stable rupee could help soften future price risks, potentially…
India releases new wholesale price inflation index; tweaks fuel, food categories
India released a new Wholesale Price Index (WPI) on Monday that shifted the base year from 2011-12 to 2022-23. It was accompanied by a release…
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
New Delhi: India’s wholesale inflation rose to a record 9.7% year-on-year in May, the first reading under the revised Wholesale Price Index (WPI) series that…