India Producer Price Inflation MoMIndia Producer Price Inflation MoMIndia Producer Price Inflation MoM

India Producer Price Inflation MoM

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Key data points


Last release
Observation period
Sep 2024
Next release
Forecast
Highest
2.58% on Jun 30, 2008
Lowest
−1.89% on Dec 31, 2008

About India Producer Price Inflation MoM


Category
Prices
Frequency
Monthly
Units
%
In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).