Producer price index Current Affairs, GK & News

Ramesh Chand head of working group to revise current series of Wholesale Price Index

The Union Government has constituted an 18-member working group for the revision of the current series of Wholesale Price Index (WPI) under Chairmanship of Prof. Ramesh Chand, Member of NITI Aayog. The revision of the base year would help in presenting a more realistic picture of the price situation and its impact on people. The ..

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Government to constitute working group for revision of Wholesale Price Index

Central Government has constituted Working Group for the revision of the current series of Wholesale Price Index (Base 2011-12). It will be chaired by Prof. Ramesh Chand, Member, NITI Aayog. Office of Economic Adviser, Department for Promotion of Industry & Internal Trade will be nodal office for Working Group. It will process report / recommendation ..

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Producer Price Index (PPI): RBI proposes for PPI to measure inflation

The Governor of RBI, D. Subbarao has mooted for a Producer Price Index (PPI) to measure the average change over time in the sale prices of domestic goods and services. Currently, it uses Consumer Price Index (CPI) and Wholesale Price Index (WPI) to aid in measuring inflation. But WPI does not capture price movements of ..

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