Name: India Producer Price Inflation Mom
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Producer Price Inflation MoM in India increased to 0.20 percent in February from 0.13 percent in January of 2023.

Producer Price Inflation MoM in India averaged 0.39 percent from 2004 until 2023, reaching an all time high of 2.58 percent in June of 2008 and a record low of -1.89 percent in December of 2008. This page includes a chart with historical data for India Producer Price Inflation Mom. India Producer Price Inflation Mom - values, historical data and charts - was last updated on March of 2023.

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India Producer Price Inflation Mom

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: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 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). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).