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Economics2h 23m 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.

India

Who
Ministry of Statistics and Programme Implementation (MoSPI)
What
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.
When
Wed, 17 Jun 2026 03:43:33 GMT · 2h 23m ago
Where
India ·
Why
The new WPI series aims to provide a more accurate measure of price changes in the wholesale market by updating the base year, increasing the number of items, including new energy sources, and restructuring for tracking energy prices.
The Frontline Impact

How this affects you

This update to the WPI series provides a more current and comprehensive economic indicator for India, reflecting recent market changes and energy sources like solar and wind. It will be used in price escalation clauses in supply and construction contracts.

Story chain

3 events in this thread
  1. Currently Reading2h 23m 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.
  2. Economics2h 23m 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.
    Open article
  3. Economics2h 23m 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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