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The Index of Core Industries (ICI) has finally joined the country’s other economic metrics in becoming up-to-date and representative of the economy. The other metrics such as the national accounts, Consumer Price Index (CPI), Wholesale Price Index (WPI), and the Index of Industrial Production (IIP) were updated earlier this year, although even those were after…
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The government has, in recent months, implemented several long-overdue but welcome upgrades to India’s statistical databases. Wide-ranging, they cover the way the country measures Gross Domestic Product (GDP), industrial production, and price changes at the retail, wholesale, and producer levels. These updates have not only made India’s key economic statistics more representative of reality, but…
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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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Wholesale price inflation shot up to 9.68% in May, from 8.26% in April, led by a sharp spike in prices of fuel and power, manufactured and food items. | Photo Credit: Shiv Kumar Pushpakar Wholesale price inflation shot up to 9.68% in May, from 8.26% in April, led by a sharp spike in prices of…
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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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Image used for representation purpose only. | Photo Credit: Getty Image/iStockphoto Wholesale price index (WPI) inflation softened to 0.13% in September on easing in prices of food articles, fuel and manufactured items, government data showed on Tuesday (October 14, 2025). WPI-based inflation was 0.52% in August and 1.91% in September last year. “Positive rate of…
The panel is expected to review the current system of price collection and suggest changes of its improvement, and decide on the computation methodology for the WPI and the PPI. File | Photo Credit: Sushil Kumar Verma The Centre on Thursday (January 2, 2025) announced the formation of an expert panel to revise the constituents…
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As per the data, inflation in food items was 3.11 per cent in August. New Delhi: Wholesale inflation fell for the second consecutive month to 1.31 per cent in August due to cheaper vegetables, food and fuel, government data released on Tuesday showed. The wholesale price index (WPI) based inflation was 2.04 per cent in…
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On a month-on-month basis, the WPI was 0.07% higher, with primary articles rising 0.22% and the Food Index up 0.17%. | Photo Credit: PTI India’s wholesale price inflation moderated to a four-month low of 0.2% in February from 0.27% in January, despite an acceleration in food and primary articles’ inflation rates, owing to a sharper…
Representational image only. | Photo Credit: Reuters Benchmark equity indices tumbled in early trade on October 9 as escalating tensions in Middle East triggered a risk-off in the market. Market analysts said investors preferred to remain on the sidelines and refrained from taking big risks as the Israel-Hamas conflict has introduced a huge uncertainty for…
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