PREVIOUS
✖
New Producer Price Index Framework
June 20 , 2026
16 hrs 0 min
14
0
- The Government of India released the Producer Price Index (PPI) data and a revised Wholesale Price Index (WPI) series.
- The Producer Price Index (PPI) measures changes in prices received by producers before goods and services reach final consumers.
- India's new framework includes Output PPI, Trial Input PPI, and Service PPI.
- The revised Wholesale Price Index (WPI) uses 2022-23 as the base year, replacing the 2011-12 base year, and the item basket has increased from 697 to 957 items.
- The Service Producer Price Index (Service PPI) initially covers seven sectors, including banking, insurance, railways, air passenger transport, and telecom services.
- The Wholesale Price Index (WPI) and Producer Price Index (PPI) will be published together for five years, after which the Wholesale Price Index (WPI) will be phased out.
Leave a Reply
Your Comment is awaiting moderation.