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Economics2h 44m ago
The government is set to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) for future government contracts and price changes.
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India
Who
Government of India
What
The government is set to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) for future government contracts and price changes.
When
Thu, 16 Jul 2026 19:32:00 GMT · 2h 44m ago
Where
India ·
Why
To modernize inflation measurement and align India's procurement processes with global inflation metrics.
The Frontline Impact
How this affects you
This change will alter how inflation is measured for government procurement in India, aligning the country's metrics with international standards.
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