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

Wholesale prices in India rose by 4.43 percent year-on-year in May of 2018, after a 3.18 percent gain in the prior month and above market estimates of 3.76 percent. It is the highest wholesale inflation since March 2017, driven by faster rises in cost of food, manufactured products, and fuel. Producer Prices Change in India averaged 7.08 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 Wholesale Inflation at 14-Month High of 4.43% in May


Wholesale prices in India rose by 4.43 percent year-on-year in May of 2018, after a 3.18 percent gain in the prior month and above market estimates of 3.76 percent. It is the highest wholesale inflation since March 2017, driven by faster rises in cost of food, manufactured products, and fuel.

In May, cost of primary articles increased much faster (3.16 percent from 1.41 percent in April), as cost of food advanced more (1.6 percent from 0.87 percent in a month earlier), namely potato (81.93 percent); fruits (15.4 percent); and onion (13.2 percent). Also, cost went up at a higher rate for manufactured products (3.73 percent from 3.11 percent), and fuel and power (11.22 percent from 7.85 percent). 

On a monthly basis, wholesale prices increased by 0.9 percent, compared to a 0.7 percent rise in April.


Office of the Economic Adviser l Rida | rida@tradingeconomics.com
6/14/2018 7:25:04 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-14 06:30 AM WPI Manufacturing YoY 3.73% 3.11%
2018-06-14 06:30 AM WPI Fuel YoY 11.22% 7.85%
2018-06-14 06:30 AM WPI Food YoY 1.6% 0.87%
2018-07-16 06:30 AM WPI Inflation YoY 4.43% 4.93% 5%
2018-07-16 06:30 AM WPI Food YoY 1.6%
2018-07-16 06:30 AM WPI Fuel YoY 11.22%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 5.00 4.87 12.17 1.54 percent [+]
Consumer Price Index CPI 138.60 137.80 138.60 86.81 Index Points [+]
GDP Deflator 128.80 125.10 146.50 100.00 Index Points [+]
Producer Prices 117.90 116.80 117.90 62.44 Index Points [+]
Producer Prices Change 4.43 3.18 34.68 -11.31 percent [+]
Export Prices 372.00 372.00 372.00 100.00 Index Points [+]
Import Prices 523.00 518.00 523.00 100.00 Index Points [+]
Food Inflation 2.91 3.10 14.72 -2.12 percent [+]
Inflation Rate Mom 0.57 0.51 2.25 -1.55 percent [+]
Cpi Housing Utilities 142.50 143.20 143.20 100.30 Index Points [+]
CPI Transportation 123.70 122.90 123.70 103.20 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.43 3.18 34.68 -11.31 1969 - 2018 percent Monthly




producer prices change by Country
Country Last
Australia 1.70 Mar/18
Brazil 6.40 May/18
Canada 3.10 May/18
China 4.70 Jun/18
Euro Area 3.00 May/18
France 2.20 Apr/18
Germany 2.70 May/18
India 4.43 May/18
Indonesia 4.90 Apr/18
Italy 2.40 May/18
Japan 2.80 Jun/18
Netherlands 3.33 May/18
Russia 12.00 May/18
South Korea 2.20 May/18
Spain 2.90 May/18
Switzerland 3.50 Jun/18
Turkey 23.71 Jun/18
United Kingdom 2.90 May/18
United States 3.40 Jun/18


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