India Wholesale Price Index y/y

Country: India, INR
Importance: Medium
Sector: Prices
Last release
Actual
Forecast
11.80%
Previous
9.92%
Next release
Actual
Coming in 29 days
Forecast
7.46%
Previous
11.39%
Date (GMT)
Reference
Actual
Forecast
May 2023
-3.57%
Apr 2023
-1.31%
Mar 2023
2.67%
Feb 2023
3.99%
Jan 2023
4.95%
Dec 2022
4.62%
Nov 2022
7.00%
Oct 2022
9.01%
Sep 2022
10.11%
Aug 2022
11.40%
Jul 2022
12.48%
Jun 2022
16.46%
May 2022
16.71%
Apr 2022
15.41%
Mar 2022
12.14%
Feb 2022
12.27%
Jan 2022
11.89%
Dec 2021
12.83%
Nov 2021
12.83%
Oct 2021
12.68%

The Wholesale Price Index (WPI) y/y measures changes in wholesale prices for goods and services from the consumer basket in the reported month compared to the same month a year ago. The index is calculated based on actual prices paid by wholesale buyers.

It serves as a leading indicator of consumer inflation: changes in wholesale prices lead to changes in retail prices received by final consumers. Therefore, the index growth can have a positive effect on INR quotes.