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producer price index

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India launches producer price index; wholesale inflation gauge to be phased out in five years Business
Economy #producer price index#inflation

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.

Jun 15, 2026 1 source
India to Launch Producer Price Index on June 15 Business
Economy #producer price index#wholesale price index

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.

Jun 4, 2026 2 sources