India Wholesale Price Index Change  1969-2018 | Data | Chart | Calendar

Wholesale prices in India rose by 3.58 percent year-on-year in December of 2017, following a 3.93 percent increase in the prior month. The figure came below market estimates of a 4 percent gain, mainly due to a slowdown in cost of food. On a monthly basis, wholesale prices fell by 0.5 percent, after a 0.7 percent rise in a month earlier. Producer Prices Change in India averaged 7.11 percent from 1969 until 2018, 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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India WPI Rises Less than Expected in December


Wholesale prices in India rose by 3.58 percent year-on-year in December of 2017, following a 3.93 percent increase in the prior month. The figure came below market estimates of a 4 percent gain, mainly due to a slowdown in cost of food.

In December, cost of primary articles increased at a slower 3.86 percent (from 5.28 percent in November), mainly due to a 4.72 percent rise in cost of food (from 6.06 percent in a month earlier), namely vegetables (56.46 percent, compared to 59.80 percent). Meantime, cost of manufactured products rose 2.61 percent, the same as in the prior month, while cost of fuel and power went up 9.16 percet (after a 8.82 percent in the previous month). 

On a monthly basis, wholesale prices fell by 0.5 percent, after a 0.7 percent rise in a month earlier. 


Office of the Economic Adviser l Rida Husna | rida@tradingeconomics.com
1/15/2018 7:06:53 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-15 06:30 AM WPI Manufacturing YoY 2.61% 2.61%
2018-01-15 06:30 AM WPI Food YoY 4.72% 6.06%
2018-01-15 06:30 AM WPI Fuel YoY 9.16% 8.82%
2018-02-14 06:30 AM WPI Inflation YoY 3.58% 3.67%
2018-02-14 06:30 AM WPI Manufacturing YoY 2.61%
2018-02-14 06:30 AM WPI Food YoY 4.72%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 5.21 4.88 12.17 1.54 percent [+]
Consumer Price Index CPI 137.20 137.60 137.60 86.81 Index Points [+]
GDP Deflator 124.60 120.20 146.50 100.00 Index Points [+]
Producer Prices 115.70 116.30 117.20 62.44 Index Points [+]
Producer Prices Change 3.58 3.93 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 4.96 4.42 14.72 -2.12 percent [+]
Inflation Rate Mom -0.30 1.10 1.77 -1.00 percent [+]
CPI Transportation 118.50 118.10 118.50 103.20 Index Points [+]


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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.58 3.93 34.68 -11.31 1969 - 2017 percent Monthly




producer prices change by Country
Country Last
Australia 1.60 Sep/17
Brazil -2.50 Dec/17
Canada 2.70 Nov/17
China 4.90 Dec/17
Euro Area 2.80 Nov/17
France 2.40 Nov/17
Germany 2.30 Dec/17
India 3.58 Dec/17
Indonesia 2.10 Aug/17
Italy 2.50 Nov/17
Japan 3.10 Dec/17
Netherlands 4.64 Nov/17
Russia 8.00 Nov/17
South Korea 2.30 Dec/17
Spain 3.10 Nov/17
Switzerland 1.80 Dec/17
Turkey 15.47 Dec/17
United Kingdom 3.30 Dec/17
United States 2.60 Dec/17


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