The annual WPI manufacturing in India dropped to 3.37 in December 2022 from 3.59 percent in the previous month, pointing to the lowest print since November 2020. Prices eased for food products (4.28% vs 4.44% in November), tobacco (1.48% vs 3.96%), paper (4.96% vs 8.31%), chemicals (5.41% vs 6.52%), and pharmaceuticals (3.73% vs 3.96%). In addition, cost of textiles fell 0.57% after rising 1.59% previously. By contrast, prices of basic materials rose 0.78% after edging down 0.07% in November. source: Office of the Economic Advisor, India

WPI Manufacturing YoY in India averaged 3.99 percent from 2005 until 2022, reaching an all time high of 12.87 percent in October of 2021 and a record low of -2.76 percent in August of 2015. This page includes a chart with historical data for India WPI Manufacturing YoY. India WPI Manufacturing YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

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India WPI Manufacturing YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-12-14 06:30 AM Nov 3.59% 4.42% 3.2%
2023-01-16 06:30 AM Dec 3.37% 3.59% 3.3%
2023-02-14 06:30 AM Jan 3.37% 3.3%

India WPI Manufacturing YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
3.37 3.59 12.87 -2.76 2005 - 2022 percent Monthly
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