WPI Current Affairs, GK & News

WPI inflation at 1.48% in October 2020; Increased for third consecutive month

The Wholesale Price Index (WPI) increased to 1.48% in October 2020. This was the highest in the past eight months. Key Highlights The inflation rate based on WPI Food Index fell from 6.92% in September 2020 t0 5.78% in October 2020. The WPI manufacturing increased to 2.12% in October 2020 as compared to 1.61% in ..

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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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Why WPI is not getting reflected in CPI?

The prices of food items in India are rising at a much faster pace at the wholesale level than the retail end. The wholesale price index (WPI) for food articles has increased from minus 0.21% to 6.98% between September 2018 and May 2019. The increase in the consumer food price index (CPI) doesn t reflect ..

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Wholesale Inflation increases in February

The Wholesale Price Index is released by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. Wholesale Price Index February 2019 Inflation based on wholesale prices rose to 2.93% in February over January 2019 due to hardening of prices of primary articles, fuel and power. Wholesale Price Index (WPI) ..

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