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Economics3h 35m ago

The Ministry of Statistics and Programme Implementation (MoSPI) has updated the Wholesale Price Index (WPI) series, using 2022-23 as the new base year and increasing the number of items from 697 to 957.

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India

Who
Ministry of Statistics and Programme Implementation (MoSPI)
What
The Ministry of Statistics and Programme Implementation (MoSPI) has updated the Wholesale Price Index (WPI) series, using 2022-23 as the new base year and increasing the number of items from 697 to 957.
When
Wed, 17 Jun 2026 03:43:33 GMT · 3h 35m ago
Where
India ·
Why
The WPI update includes new sources of energy for accurate tracking of energy prices and uses an improved methodology with Gross Value of Output (GVO) for preparing weights.
The Frontline Impact

How this affects you

This update to the WPI series in India will provide a more current and comprehensive measure of wholesale price changes, influencing supply chain contracts and potentially affecting business costing and pricing strategies.

Story chain

3 events in this thread
  1. Economics3h 35m ago
    The MoSPI has introduced a new Wholesale Price Index (WPI) series with 2022-23 as the base year, increasing the number of items from 697 to 957.
    Open article
  2. Currently Reading3h 35m ago
    The Ministry of Statistics and Programme Implementation (MoSPI) has updated the Wholesale Price Index (WPI) series, using 2022-23 as the new base year and increasing the number of items from 697 to 957.
  3. Economics3h 35m ago
    The MoSPI released new WPI series with Base Year 2022-23, increasing the total number of items from 697 to 957.
    Open article

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