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. source: Office of the Economic Advisor, India

Producer Prices Change in India averaged 6.97 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 July of 2022.

Producer Prices Change in India is expected to be 16.90 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.

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India Wholesale Price Index Change



Calendar GMT Actual Previous Consensus TEForecast
2022-06-14 06:30 AM WPI Manufacturing YoY May 10.11% 10.85%
2022-06-14 06:30 AM WPI Fuel YoY May 40.62% 38.66%
2022-07-14 06:30 AM WPI Fuel YoY Jun 40.62%


Related Last Previous Unit Reference
Producer Prices 154.00 151.90 points May 2022
Producer Prices Change 15.88 15.08 percent May 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
15.88 15.08 34.68 -11.31 1969 - 2022 percent Monthly

News Stream
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
India Wholesale Inflation Highest in Over 23 Years
The annual wholesale price inflation rate in India rose to 15.08 percent in April 2022 from 14.55 percent month earlier and above market forecasts of 14.48 percent. This was the highest reading since December 1998, amid a broad-based price increase due to disruption in global supply chains caused by Russia-Ukraine conflict. Prices increased further for manufactured products (10.85 percent vs 10.71 percent in March), basic metals (24.81 percent vs 25.97 percent), fuel and power (38.66 percent vs 34.52 percent), and primary articles (15.45 percent vs 15.54 percent) with cost of food quickening (8.35 percent vs 8.06 percent). On a monthly basis, wholesale prices increased by 2.08 percent in April, after a 2.41 percent gain in March.
2022-05-17
India Wholesale Inflation at 4-Month High of 14.55%
The annual wholesale price inflation rate in India rose to a four-month high of 14.55 percent in March 2022 from 13.11 percent a month earlier and above market forecasts of 13 percent, amid a broad-based price increase due to disruption in global supply chains caused by Russia-Ukraine conflict. Prices accelerated for manufactured products (10.71 percent vs 9.84 percent), basic metals (25.97 percent vs 19.82 percent), fuel and power (34.52 percent vs 31.5 percent), and primary articles (15.54 percent vs 13.39 percent), despite a slowdown in cost of food articles (8.06 percent vs 8.19 percent). On a monthly basis, wholesale prices increased by 2.69 percent in March, the most since the series began in 2004, after a 0.8 percent gain in February.
2022-04-18