Tag: Producer Price Index

Govt releases producer price index data; to replace WPI in 5 years

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Govt releases producer price index data; to replace WPI in 5 years

PPI – acronym from wooden blocks with letters, abbreviation Producer Price Index, Payment Protection Insurance PPI concept, random letters around | Photo Credit: Roman Didkivskyi The government on Monday (June 15, 2026) came out with Producer Price Index (PPI) data for both goods and services for the first time to better reflect price movement, paving…

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Govt to replace WPI with Producer Price Index, new series from June 15

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Govt to replace WPI with Producer Price Index, new series from June 15

The government will phase out the Wholesale Price Index (WPI) over the next five years while simultaneously introducing a more detailed Producer Price Index (PPI), covering output, input and services prices, in a bid to offer a more realistic assessment of inflationary trends in the economy. Speaking with reporters, Praveen Mahto, Principal Economic Adviser in…

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