Monthly wholesale price index for all commodities
The ministry said that the annual rate of inflation, based on monthly WPI, was 5. Build up inflation rate in the current financial year so far was 2. The indexes for primary articles weight The index for fuel and power weight The index for manufactured products weight The wholesale price index for food weight
Indonesia - Wholesale Price Index
The ministry said that the annual rate of inflation, based on monthly WPI, was 5. Build up inflation rate in the current financial year so far was 2. The indexes for primary articles weight The index for fuel and power weight The index for manufactured products weight The wholesale price index for food weight Month of July, Latest month over month.
Build up from March. Year on year. Food Articles. Non-Food Articles. Oil Seeds. Crude Petroleum. Manufacture of Food Products. Manufacture of Tobacco Products. Manufacture of Textiles. Manufacture of Wearing Apparel. Manufacture of Leather and Related Products. Manufacture of Paper and Paper Products.
Manufacture of Chemicals and Chemical Products. Manufacture of Rubber and Plastics Products. Manufacture of other Non-Metallic Mineral Products.
Manufacture of Cement, Lime and Plaster. Manufacture of Basic Metals. Mild Steel — Semi Finished Steel. Manufacture of other Transport Equipment. Trend of Rate of Inflation for some important items during last six months. Rate of Inflation for the last six months. You must be logged in to post a comment. Share on Facebook Share. Share on Twitter Tweet. Share on Pinterest Share. Share on LinkedIn Share. Share on Digg Share. Previous article. August 2, 0 August 17, 0 May 9, May 9, 0 August 7, August 7, 0 Leave a Reply Cancel reply You must be logged in to post a comment.
WPI July
Figures for the latest two months are provisional. Latest two months are to be reckoned with reference to the monthly press release issued. Yearly Index Files. Index =, Monthly, Not Seasonally AdjustedJan to Dec (). Index of Wholesale Prices, All Commodities (20 Foods, 25 Raw.
Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Okay to continue Our website uses cookies to improve your online experience.
A wholesale price index WPI is an index that measures and tracks the changes in the price of goods in the stages before the retail level — that is, goods that are sold in bulk and traded between entities or businesses instead of consumers.
Wholesale prices in India increased 1. It was the lowest wholesale inflation rate since November last year, as prices slowed for food 4.
Wholesale Price Index Definition
Industry-specific and extensively researched technical data partially from exclusive partnerships. A paid subscription is required for full access. You need a Premium Account for unlimited access. Additional Information. Show source.
India Wholesale Price Index (WPI) Data, Monthly Update
Wholesale Price Index, or WPI, measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses. What do you mean by the Wholesale Price Index? To put it simply, the WPI tracks prices at the factory gate before the retail level. Analysts use the numbers to track the supply and demand dynamics in industry, manufacturing and construction. An upward surge in the WPI print indicates inflationary pressure in the economy and vice versa. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy. While WPI keeps track of the wholesale price of goods, the CPI measures the average price that households pay for a basket of different goods and services. Even as the WPI is used as a key measure of inflation in some economies, the RBI no longer uses it for policy purposes, including setting repo rates. The central bank currently uses CPI or retail inflation as a key measure of inflation to set the monetary and credit policy. How do you calculate Wholesale Price Index?
For Indonesia, the detailed wholesale price index measures changes in prices in the manufacturing and distribution sector of the economy and tends to lead the consumer price index by 60 to 90 days.
The annual rate of inflation, based on monthly WPI, stood at 1. Build up inflation rate in the financial year so far was 1. The movement of the index for the various commodity group is summarized below The index for this major group declined by 2.
161 Series
The annual rate of inflation, based on monthly WPI, stood at 0. Build up inflation rate in the financial year so far was 1. The movement of the index for the various commodity group is summarized below The index for this major group rose by 2. The groups and items which showed variations during the month are as follows The index for 'Food Articles' group rose by 3. The index for ' Non-Food Articles' group declined by 0. The index for 'Minerals' group declined by 3. The index for this major group rose by 1. The index for 'Mineral Oils' group rose by 2. The index for 'Electricity' group rose by 1. The index for this major group remained unchanged at its previous month level of
Wholesale price index
Some countries like the Philippines use WPI changes as a central measure of inflation. But now India has adopted new CPI to measure inflation. However, United States now report a producer price index instead. It also influences stock and fixed price markets. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price Index. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. This helps in analyzing both macroeconomic and microeconomic conditions. The wholesale price index WPI is based on the wholesale price of a few relevant commodities of over commodities available.
