Q. Which institution releases the index number of wholesale price in India on monthly basis in India?
Answer:
DPIIT
Notes: DPIIT releases index number of wholesale price in India on monthly basis on 14th of every month. The annual rate of inflation based on all India Wholesale Price Index (WPI) number is (-) 0.52% (Provisional) for the month of October, 2023 (over October, 2022) against (-) 0.26% recorded in September, 2023.
The negative rate of inflation in October, 2023 is primarily due to fall in prices of chemicals and chemical products, electricity, textiles, basic metals, food products, etc. as compared to the corresponding month of previous year.