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). source: Office of the Economic Advisor, India
Producer Prices Change in India averaged 6.83 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 May of 2021.
Producer Prices Change in India is expected to be 2.70 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 4.50 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.