India launches producer price index; wholesale inflation gauge to be phased out in five years | TheBriefWire
India launches producer price index; wholesale inflation gauge to be phased out in five years
Published 15 June 2026 ยท india
India has launched its first Producer Price Index (PPI) data for goods and services, marking a shift from the Wholesale Price Index (WPI) which will
India has launched its first Producer Price Index (PPI) data for goods and services, marking a shift from the Wholesale Price Index (WPI) which will be phased out over five years. This move aligns with international practices and aims to provide a more accurate measure of price changes from a producer's perspective, aiding in Accounts compilation.
Published: June 15, 2026 โข 6:32 PM IST ยท Updated: June 15, 2026 โข 9:03 PM ISTBy TheBriefWire Editorial Team
Key points
India has launched its first Producer Price Index (PPI) data for goods and services, marking a shift from the Wholesale Price Index (WPI) which will be phased out over five years.
This move aligns with international practices and aims to provide a more accurate measure of price changes from a producer's perspective, aiding in Accounts compilation.