Rise in WPI Inflation

Table of Contents

About Wholesale Price Index (WPI)

WPI is a price index that measures the average change in wholesale prices of a basket of goods.
The WPI is calculated by the Office of Economic Adviser (OEA) in the Ministry of Commerce and Industry.
The WPI is typically released on a monthly basis.
The base year of All-India WPI has been revised from 2004-05 to 2011-12 in 2017.
It does not capture changes in the prices of services.

Feature	Wholesale Price Index (WPI)	Consumer Price Index (CPI)
Definition	Measures average changes in prices at the wholesale level for goods and services.	Measures average changes in prices at the retail level for a basket of consumer goods and services.
Released By	Office of Economic Advisor, Ministry of Commerce & Industry.	National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.
Coverage	Primarily covers goods only, focusing on manufacturing inputs and intermediate goods.	Covers both goods and services, including food, housing, transportation, and medical care.
Base Year	2011-12	2012