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WPI inflation

  • IASbaba
  • September 15, 2021
  • 0
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WPI inflation

Part of: Prelims and GS -III – Economy 

Context Inflation in wholesale prices resurged to 11.39% in August, staying in the double digits for the fifth month in a row.

Key inflation data

  • Inflation in manufactured products: 11.4%
  • Inflation in manufactured products: 26.1%
  • Food price inflation: 3.43%
  • LPG, petrol and diesel inflation: 48.1%, 61.5% and 50.7% respectively

The Difference between WPI and CPI

Context WPI (Wholesale Price index) CPI (consumer price index)
Definition Amounts to the average change in prices of commodities at the wholesale level. Indicates the average change in the prices of commodities at the retail level.
Publishing office Office of Economic Advisor (Ministry of Commerce & Industry) Central Statistics Office (Ministry of Statistics and Programme Implementation) & Labour Bureau
Commodities Goods only Goods and Services both
Base Year 2011-12 2012

Note: Base Year to be revised.

Published Monthly Monthly

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