Wholesale Inflation

General Inflation
Food Inflation

It is based on the Wholesale Price Index (WPI) which measures the changes in the price of 697 goods sold and traded in bulk by wholesale businesses to other businesses. Analysts use the numbers to track the supply and demand dynamics in industry, manufacturing and construction. The numbers are released by the Ministry of Commerce and Industry. An upward surge in the WPI print indicates inflationary pressure in the economy and vice versa. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy.

The wholesale price basket is broadly grouped into Primary articles, Fuel & Power, and Manufactured Goods.

  • Primary articles: It constitutes 22.6% of the overall Wholesale Price Index. It is further subdivided into Food Articles, Non-food articles, Minerals, and Crude Petroleum & Natural Gas
  • Fuel & Power: It constitutes 13.2% of the overall Wholesale Price Index and tracks price movements in Petrol, Diesel and LPG
  • Manufactured products: This is the biggest component basket in and carries a weightage of 64.2% in the overall WPI. It comprises of a variety of manufactured products such as Textiles, Apparels, Paper, Chemicals, Plastic, Cement, Metals, etc and Manufactured Goods such as Sugar, Tobacco Products, Vegetable and Animal Oils, etc.

It is based on the Wholesale Price Index (WPI) which measures the changes in the price of 697 goods sold and traded in bulk by wholesale businesses to other businesses. Analysts use the numbers to track the supply and demand dynamics in industry, manufacturing and construction. The numbers are released by the Ministry of Commerce and Industry. An upward surge in the WPI print indicates inflationary pressure in the economy and vice versa. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy.

The wholesale price basket is broadly grouped into Primary articles, Fuel & Power, and Manufactured Goods.

  • Primary articles: It constitutes 22.6% of the overall Wholesale Price Index. It is further subdivided into Food Articles, Non-food articles, Minerals, and Crude Petroleum & Natural Gas
  • Fuel & Power: It constitutes 13.2% of the overall Wholesale Price Index and tracks price movements in Petrol, Diesel and LPG
  • Manufactured products: This is the biggest component basket in and carries a weightage of 64.2% in the overall WPI. It comprises of a variety of manufactured products such as Textiles, Apparels, Paper, Chemicals, Plastic, Cement, Metals, etc and Manufactured Goods such as Sugar, Tobacco Products, Vegetable and Animal Oils, etc.
icon icon icon

SUBJECT Variables
It measures the changes in the wholesale price of basket of 697 goods. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy.
Wholesale Inflation | India | 2013 - 2024 | Data, Charts and Analysis
Data and expert analysis on WPI-based wholesale inflation and WFPI-based food inflation in India - primary articles, fuel & power, and manufactured products.
2013,2014,2015,2016,2017,2018,2019,2020,2021,2022,2023,2024,actual,amount,amounts,analysis,annual,articles,chart,charts,current,data,economy,figure,figures,food,fuel,graph,graphs,historical,index,india,indian,indicator,indicators,inflation,info,information,level,levels,manufactured,month,monthly,power,price,primary,products,rate,rates,statistics,stats,value,values,wfpi,wholesale,wpi,year,yearly
01/04/2013 To 30/06/2024
General Inflation
Food Inflation
icon
Characters : 187/225
Characters : 69/120
Characters : 157/160
Characters : 397/3500
To
General Inflation
Food Inflation
icon icon
ALL COMMODITIES
Monthly
Source: Ministry of Commerce & Industry
Annual
Source: Ministry of Commerce & Industry
  • The wholesale price-based inflation, based on the Wholesale Price Index (WPI), maintained its incline for the third consecutive month to 3.36% in Jun'24.
  • The annual wholesale YoY inflation rate reduced to -0.7% in 2023-24 from 9.4% in 2022-23
icon icon icon

Primary Articles

Primary articles constitutes 22.6% of the overall Wholesale Price Index. It is further subdivided into:

  1. Food Articles: This includes items such as Cereals, Paddy, Wheat, Pulses, Vegetables, Fruits, Milk, Eggs, Meat & Fish, etc.
  2. Non-Food Articles: This includes items such as Oil seeds.
  3. Minerals
  4. Crude Petroleum and Natural Gas
icon icon icon

Monthly
Source: Ministry of Commerce & Industry
Annual
Source: Ministry of Commerce & Industry
  • Inflation in primary articles increased from 7.2% in May'24 to 8.8% in Jun'24. Within primary articles, the prices of vegetables increased by 38.8% and non-food articles decreased by 1.95%.
  • The annual wholesale inflation rate for primary articles touched 3.5% YoY in 2023-24 from 10.1% in 2022-23
icon icon icon

Fuel & Power

This indicator tracks price movements in Petrol, Diesel and LPG and constitutes 13.2% of the overall Wholesale Price Index.

icon icon icon

TO READ THE FULL ARTICLE

Or
Continue with Email

Get full access to the exciting content on The Mirrority by logging in

Support independent journalism

Even the very best of media houses in our country today are yielding to the pressure of click-bait journalism in order to survive. More than ever before, our country needs journalism that is independent, fair and non-pliant to the bureaucracy. Such journalism needs the support of like-minded readers like you to help us survive editorially and financially.

Whether you live in India or India lives inside you, help us continue to produce quality journalism with your contribution.

CONTRIBUTE