Topic
producer price index
India's Wholesale Inflation Rises for Eighth Month; New PPI Series Debuts
India's wholesale inflation rose for the eighth consecutive month to 9.7% in May, driven by high crude oil and manufactured product prices. The DPIIT released a new WPI series with an updated base year and also debuted the producer price index (PPI) at 9.4%.
India launches producer price index; wholesale inflation gauge to be phased out in five years
India on Monday launched its producer price index (PPI) for goods and services, replacing the wholesale price index (WPI) over five years. The new index, with a base year of 2022-23, covers 957 items and provides both output and input PPI data. Output PPI inflation stood at 9.4% in May 2026, in line with rising wholesale inflation.
India to Launch Producer Price Index on June 15
India will introduce the Producer Price Index (PPI) on June 15, marking a significant shift from the Wholesale Price Index (WPI). This transition aims to provide a more comprehensive measure of inflation by including services alongside goods.