Wholesale prices in India rose by 12.07 percent year-on-year in June 2021, below market consensus of a 12.23 percent rise, and easing from a near 22 ½-year high of 12.94 percent gain a month earlier. Biggest increase came from cost of fuel and power (32.83 percent vs 37.61 percent in May), followed by manufactured products (10.88 percent vs 10.83 percent), namely vegetables and animal oils and fat (44.28 percent); and primary articles (7.74 percent vs 9.61 percent), namely food (3.09 percent vs 4.31 percent), of which onion (64.32 percent) and pulses (11.49). source: Office of the Economic Advisor, India

Producer Prices Change in India averaged 6.84 percent from 1969 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Producer Prices Change in India is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in India to stand at 3.90 in 12 months time. In the long-term, the India Wholesale Price Index Change is projected to trend around 4.50 percent in 2022, according to our econometric models.

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India Wholesale Price Index Change

Actual Previous Highest Lowest Dates Unit Frequency
12.07 12.94 34.68 -11.31 1969 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-07-14 06:30 AM WPI Manufacturing YoY Jun 10.88% 10.83%
2021-07-14 06:30 AM WPI Fuel YoY Jun 32.83% 37.61%
2021-07-14 06:30 AM WPI Food YoY Jun 3.09% 4.31%
2021-07-14 06:30 AM WPI Inflation YoY Jun 12.07% 12.94% 12.23% 12.5%
2021-08-16 06:30 AM WPI Inflation YoY Jul 12.07%
2021-08-16 06:30 AM WPI Manufacturing YoY Jul 10.88%
2021-08-16 06:30 AM WPI Fuel YoY Jul 32.83%
2021-08-16 06:30 AM WPI Food YoY Jul 3.09%


News Stream
India Wholesale Prices Rise Less than Expected
Wholesale prices in India rose by 12.07 percent year-on-year in June 2021, below market consensus of a 12.23 percent rise, and easing from a near 22 ½-year high of 12.94 percent gain a month earlier. Biggest increase came from cost of fuel and power (32.83 percent vs 37.61 percent in May), followed by manufactured products (10.88 percent vs 10.83 percent), namely vegetables and animal oils and fat (44.28 percent); and primary articles (7.74 percent vs 9.61 percent), namely food (3.09 percent vs 4.31 percent), of which onion (64.32 percent) and pulses (11.49).
2021-07-14
India Wholesale Inflation Highest Since 1998
Wholesale prices in India rose by 12.94 percent year-on-year in May 2021, accelerating from a 10.49 percent gain a month earlier and compared with market consensus of 13.07 percent. This was the highest wholesale inflation rate since December 1998, amid low base effect last year, when the coronavirus pandemic weighed on demand and prices. Biggest increase came from cost of fuel and power (37.61 percent vs 20.94 percent in April), followed by primary articles (9.61 percent vs 10.16 percent), namely food (4.31 percent vs 4.92 percent), of which fruits (20.17 percent) and onion (23.24 percent); and manufactured products (10.83 percent vs 9.01 percent), namely vegetables and animal oils and fat (51.71 percent).
2021-06-14
India WPI Inflation Highest in 11 Years
Wholesale prices in India jumped 10.49 percent year-on-year in April of 2021, the highest rate since May of 2010 and well above market forecasts of 9.05 percent. It compares with a 1.57 percent fall in April last year when the coronavirus pandemic weighed on demand and prices. Biggest increase came from cost of fuel and power (20.94 percent vs 10.25 percent in March), followed by primary articles (10.16 percent vs 6.4 percent), namely food (4.92 percent vs 3.24 percent), of which fruits (27.43 percent); and manufactured products (9.01 percent vs 7.34 percent), namely vegetables and animal oils and fat (43.28 percent).
2021-05-17
India Wholesale Prices Rise the Most in 8-1/2 Years
India's wholesale prices rose by 7.39 percent year-on-year in March 2021, accelerating from a 4.17 percent gain in the prior month and above market consensus of 5.9 percent. This was the highest reading since September 2012, due to a faster rise in cost of manufactured products (7.34 percent vs 5.81 percent in February), fuel and power (10.25 percent vs 0.58 percent) and food articles (3.24 percent vs 1.36 percent), mainly driven by pulses (13.14 percent), onion (5.15 percent), and fruits (16.33 percent).
2021-04-15

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 (64.2 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).