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Economics4h 27m ago

India on Monday released producer price index (PPI) data for goods and services for the first time, paving the way for the gradual replacement of the wholesale price index (WPI).

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India

Who
India's Commerce and Industry Ministry, Ramesh Chand, International Monetary Fund (IMF)
What
India on Monday released producer price index (PPI) data for goods and services for the first time, paving the way for the gradual replacement of the wholesale price index (WPI).
When
Mon, 15 Jun 2026 13:02:00 GMT · 4h 27m ago
Where
India ·
Why
The move is in line with practices followed by advanced economies and recommendations of the International Monetary Fund (IMF), which has highlighted the need for India to transition from WPI to PPI.
The Frontline Impact

How this affects you

This new index will provide a more accurate measure of price changes from producers' perspectives, improving India's national accounts and GDP compilation. The phased replacement of the WPI over five years indicates a significant shift in how India tracks and reports economic inflation.

Story chain

3 events in this thread
  1. Currently Reading4h 27m ago
    India on Monday released producer price index (PPI) data for goods and services for the first time, paving the way for the gradual replacement of the wholesale price index (WPI).
  2. Economics5h 17m ago
    Wholesale price inflation in India shot up to 9.68 per cent in May, from 8.26 per cent in April, led by a sharp spike in prices of fuel and power, manufactured and food items.
    Open article
  3. Economics5h 17m ago
    Wholesale price inflation in India increased to 9.68 percent in May from 8.26 percent in April.
    Open article

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