Wholesale price index Current Affairs, GK & News

Wholesale Price Index

A new WPI series with 2004-05 base was released on 14 September 2010. A representative commodity basket comprising 676 items has been selected and weighting diagram derived for the new series. The total number of price quotations has also increased from 1918 in the old series to 5482 in the new series, indicating better representation ..

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April Wholesale Price Index (WPI)

The Wholesale Price Index (WPI) based inflation rate surged to 15.1 percent in the month of April due to the rise in prices of fruits, vegetables, manufacturing, milk, power, and fuel according to data that was released by the Ministry of Commerce and Industry. What was the WPI rate in March 2022? In the month ..

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WPI based inflation in March

The wholesale price index (WPI) based inflation in India in the month of March rose to 14.55 per cent due to an increase in power prices and rising edible oil prices. Overview: In March 2021, the WPI-based inflation had stood at 7.89 per cent. In March 2022, the high rate of inflation was recorded due ..

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Wholesale inflation record high in November

According to government data, annual wholesale price-based inflation in India had accelerated to a record high in November 2021. Key Facts The wholesale price inflation, a proxy figure for producers’ prices, accelerated by increases in manufacturing and food prices. Thus, it raised concerns of rising inflationary pressure. Annual wholesale price-based inflation increased to 14.23% in ..

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WPI inflation increases to 11.39 per cent in August

The wholesale price-based inflation (WPI) increased marginally to 11.39 per cent in August 2021 due to higher prices of manufactured goods, even though the prices of food articles softened. Highlights Inflation in August got reversed from the easing trend of two months (June and July). WPI remained in double-digit for the fifth consecutive month. In ..

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Wholesale Price Index, WPI of April 2021

The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The WPI for the month of April 2021 stood at 128.1. The base year in calculating WPI is fixed as 2011-12. WPI of April 2021 The annual rate of inflation for the month of ..

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