Wholesale prices in India rose by 12.07 percent year-on-year in June 2021, below market consensus of a 12.23 percent rise, and easing from a near 22 ½-year high of 12.94 percent gain a month earlier. Biggest increase came from cost of fuel and power (32.83 percent vs 37.61 percent in May), followed by manufactured products (10.88 percent vs 10.83 percent), namely vegetables and animal oils and fat (44.28 percent); and primary articles (7.74 percent vs 9.61 percent), namely food (3.09 percent vs 4.31 percent), of which onion (64.32 percent) and pulses (11.49). source: Office of the Economic Advisor, India
Producer Prices Change in India averaged 6.84 percent from 1969 until 2021, reaching an all time high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976. This page provides the latest reported value for - India Wholesale Price Index Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Wholesale Price Index Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Producer Prices Change in India is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in India to stand at 3.90 in 12 months time. In the long-term, the India Wholesale Price Index Change is projected to trend around 4.50 percent in 2022, according to our econometric models.