Govt to roll out Producer Price Index over next 5 years, WPI phase out to happen gradually
India is transitioning from the Wholesale Price Index (WPI) to a more comprehensive Producer Price Index (PPI) to measure producer-level inflation. This overhaul, aligning with global practices, will see WPI and PPI run in parallel for five years before WPI is discontinued.
India is transitioning from the Wholesale Price Index (WPI) to a more comprehensive Producer Price Index (PPI) to measure producer-level inflation. This overhaul, aligning with global practices, will see WPI and PPI run in parallel for five years before WPI is discontinued.
