The annual wholesale price inflation rate in India fell to 13.93 percent in July 2022 from 15.18 percent in the prior month and less than market estimates of 14.2 percent. This was the lowest reading since February, amid a slowdown in prices of both manufactured products (8.16 percent vs 9.19 percent in June) and basic metals (11.12 percent vs 12.09 percent). Also, prices of primary articles moderated further (15.04 percent vs 19.22 percent) amid a marked slowdown in cost of food (10.77 percent vs 14.39 percent). Meantime, inflation of fuel and power accelerated (43.75 percent vs 40.38 percent). On a monthly basis, wholesale prices fell 0.13 percent in July, after a revised 0.65 percent drop in June. source: Office of the Economic Advisor, India

Producer Prices Change in India averaged 6.98 percent from 1969 until 2022, 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 2022.

Producer Prices Change in India is expected to be 14.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Wholesale Price Index Change is projected to trend around 7.00 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
India Wholesale Price Index Change



Calendar GMT Actual Previous Consensus TEForecast
2022-08-16 06:30 AM WPI Food YoY Jul 10.77% 14.39%
2022-08-16 06:30 AM WPI Fuel YoY Jul 43.75% 40.38%
2022-09-14 06:30 AM WPI Food YoY Aug 10.77%


Related Last Previous Unit Reference
Producer Prices 153.80 154.00 points Jul 2022
Producer Prices Change 13.93 15.18 percent Jul 2022

India Wholesale Price Index Change
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: Fuel and Power (13.2 percent), Primary Articles (22.6 percent of total weight) and Manufactured Products (64.2 percent). Food Articles from the Primary Articles Group account for 15.2 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).
Actual Previous Highest Lowest Dates Unit Frequency
13.93 15.18 34.68 -11.31 1969 - 2022 percent Monthly

News Stream
India Wholesale Inflation Below Forecasts
The annual wholesale price inflation rate in India fell to 13.93 percent in July 2022 from 15.18 percent in the prior month and less than market estimates of 14.2 percent. This was the lowest reading since February, amid a slowdown in prices of both manufactured products (8.16 percent vs 9.19 percent in June) and basic metals (11.12 percent vs 12.09 percent). Also, prices of primary articles moderated further (15.04 percent vs 19.22 percent) amid a marked slowdown in cost of food (10.77 percent vs 14.39 percent). Meantime, inflation of fuel and power accelerated (43.75 percent vs 40.38 percent). On a monthly basis, wholesale prices fell 0.13 percent in July, after a revised 0.65 percent drop in June.
2022-08-16
India June Wholesale Inflation Below Forecats
The annual wholesale price inflation rate in India fell to 15.18 percent in June 2022 from 15.88 percent in the prior month and less than market estimates of 15.5 percent. This was the lowest reading since March, amid a slowdown in cost of manufactured products (9.19 percent vs 10.11 percent in May), basic metals (12.09 percent vs 18.88 percent), and fuel and power (40.38 percent vs 40.63 percent). Also, prices of primary articles moderated (19.22 percent 19.71 percent) despite an acceleration in cost of food (14.39 percent vs 12.34 percent). On a monthly basis, wholesale prices were flat in June, after a downwardly revised 1.12 percent in May.
2022-07-14
India Wholesale Inflation Highest in 23-1/2 Years
The annual wholesale price inflation rate in India edged up to 15.88 percent in May 2022 from 15.08 percent month earlier and above market forecasts of 15.1 percent. This was the highest reading since November 1998, amid a broad-based price increase due to disruption in global supply chains caused by Russia-Ukraine conflict. Prices continued to rise for manufactured products (10.11 percent vs 10.85 percent in April), basic metals (18.88 percent vs 24.81 percent), fuel and power (40.63 percent vs 38.66 percent), and primary articles (19.71 percent vs 15.45 percent) with cost of food quickening (12.34 percent vs 8.35 percent). On a monthly basis, wholesale prices increased by 1.38 percent in May, after a marginally revised 2.11 percent gain in April.
2022-06-14