WPI Current Affairs, GK & News
October WPI at 5-month high
Ministry of Commerce & Industry released its data on Wholesale Price Index (WPI) on November 15, 2021. Key Points As per Ministry’s data, provisional Wholesale Price Index (WPI) based inflation have been accelerated to a five-month high to 12.54% in October 2021 as against 66% recorded in September. This rise was attributed to an increase ..
Month: Current Affairs - November, 2021
Category: Economy & Banking Current Affairs
Topics: Consumer Price Inflation index-based inflation • Food Inflation • WPI • WPI Inflation
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 ..
Month: Current Affairs - November, 2020
Category: Economy & Banking Current Affairs
Topics: Food Inflation • Inflation • Manufactured goods • Reserve Bank of India (RBI) • WPI • WPI Inflation
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 ..
Topics: Economy • Index • Macroeconomics • Niti • NITI Aayog • Price index • Price indices • Producer price index • Social groups • Wholesale price index • WPI
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 ..
Topics: consumer food price index • CPI • Cyclone Vayu • Drought • Farmers • Food Inflation • Wholesale price index • WPI
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) ..
Month: Current Affairs - March, 2019
Category: Economy & Banking Current Affairs
Topics: Department of Industrial Policy and Promotion • Fuel and Power • Manufacturing Products • Ministry of Commerce and Industry • Primary articles • Wholesale price index • WPI