Wholesale price index, grade 11 statisctics, economics

1. WPI
Wholesale Price Index

2. What is WPI
?
A wholesale price index (WPI) is used to
measure the average change in price in the
sale of goods in bulk quantity by the seller
Wholesale price indexes (WPIs) are one
indicator of a country's level of inflation.

3. Features
 Published by office of economic adviser that
Ministry of Commerce and Industry
 Restricted to goods only (fuel, power,
manufacturing goods)
 Prices bear by manufacturer and wholesaler
 697 commodities are covered
 Base year – Financial year
 Releases on weekly basis for primary articles, fuel
and power for rest items in publishing month only

4. CATEGORIZATION OF COMMODITIES

5. HOW TO
CALCULATE WPI ?
WPI= Current Price
Base Period Price
x100

6. THANKYOU
SRIHARSHINI S
CLASS 11