India Wholesale Price Index Change  1969-2017 | Data | Chart | Calendar

Wholesale prices in India rose 3.24 percent year-on-year in August of 2017, following a 1.88 percent increase in the prior month and above market estimates a 3.0 percent gain. It was the highest wholesale inflation since April, due to a surge in prices of food and fuel. Producer Prices Change in India averaged 7.14 percent from 1969 until 2017, 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.

India Wholesale Price Index Change
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Indian Wholesale Inflation at 4-Month High of 3.24% in August


Wholesale prices in India rose 3.24 percent year-on-year in August of 2017, following a 1.88 percent increase in the prior month and above market estimates a 3.0 percent gain. It was the highest wholesale inflation since April, due to a surge in prices of food and fuel.

In August, cost of primary articles jumped 2.66 percent (from 0.46 percent in July), mainly due to a 5.75 percent rise in cost of food (from 2.15 percent in a month earlier), namely vegetables (44.91 percent compared to 21.95 percent). In addition, cost increased more for: manufactured products (2.45 percent from 2.18 percent) and fuel and power (9.99 percent from 4.37 percent).

On a monthly basis, wholesale prices increased by 0.8 percent, after a 1.1 percent gain in a month earlier.

In May 2017, the government revised the base year to 2011-12 from 2004-05, aiming to align it with the base year of other indicators like the GDP and the industrial production index.

Office of the Economic Adviser | Rida Husna | rida@tradingeconomics.com
9/14/2017 10:08:58 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-14 06:30 AM WPI Inflation YoY 3.24% 1.88% 3% 2.8%
2017-09-14 06:30 AM WPI Fuel YoY 9.99% 4.37%
2017-09-14 06:30 AM WPI Manufacturing YoY 2.45% 2.18%
2017-10-16 06:30 AM WPI Food YoY 4.41%
2017-10-16 06:30 AM WPI Manufacturing YoY 2.45%
2017-10-16 06:30 AM WPI Fuel YoY 9.99%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 3.36 2.36 12.17 1.54 percent [+]
Consumer Price Index CPI 135.50 134.20 135.50 86.81 Index Points [+]
GDP Deflator 124.60 120.20 146.50 100.00 Index Points [+]
Producer Prices 114.80 113.90 117.20 62.44 Index Points [+]
Producer Prices Change 3.24 1.88 34.68 -11.31 percent [+]
Export Prices 372.00 300.00 372.00 100.00 Index Points [+]
Import Prices 518.00 518.00 518.00 100.00 Index Points [+]
Food Inflation 1.52 -0.29 14.72 -2.12 percent [+]
CPI Transportation 117.30 115.90 117.60 103.20 Index Points [+]
Inflation Rate Mom 0.97 1.67 1.77 -1.00 percent [+]


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 (654.2 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). . 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 - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.24 1.88 34.68 -11.31 1969 - 2017 percent Monthly




producer prices change by Country

Last
Australia 1.70 Jun/17
Brazil -0.80 May/17
Canada 1.30 Jul/17
China 6.30 Aug/17
Euro Area 2.00 Jul/17
France 1.50 Jul/17
Germany 2.60 Aug/17
India 3.24 Aug/17
Indonesia 3.40 Jun/17
Italy 1.00 Jul/17
Japan 2.90 Aug/17
Netherlands 3.01 Jul/17
Russia 4.70 Aug/17
South Korea 3.20 Aug/17
Spain 3.20 Jul/17
Switzerland 0.60 Aug/17
Turkey 16.34 Aug/17
United Kingdom 3.40 Aug/17
United States 2.40 Aug/17