WPI and Inflation Data upto 2010 based on new series with base year 2004-05 Thus the latest WPI has a basket of 676 items with 5482 quotations. The major criticism for this index is that 'the general public does not buy at the wholesale level', thus WPI does not give the actual feeling of the amount of pressure borne by the general public. The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. The base year of All-India WPI has been revised from 2004-05 to 2011-12 on 12 May 2017 to align it with the base year of other macroeconomic indicators like the Gross Domestic Product (GDP) and Index of Industrial Production (IIP). Calender Year Index File From 2005 Onwards Financial Year Index File From 2005-06 Onwards Website Content Managed by Office of the Economic Adviser, DPIIT, MoCI, GoI The government is set to release the new Index of Industrial Production (IIP) and Wholesale Price Index (WPI) series with 2011-12 base year replacing the 2004-05 base year. The move will bring all the key macroeconomic indicators—IIP, WPI, CPI (Consumer Price Index), national accounts—on a common base of 2011-12, making the comparisons easier. WPI Wholesale Price Index Base Year 2004–05 The WPI is computed by the Office of the Economic Adviser Govt. of India, Ministry of Commerce & Industry Department of Industrial Policy & Promotion (DIPP) Check out the link below. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price Index. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction.
Therefore, share of food in the CPI basket will fall to 45.8% in the new series from 47.5% in the existing series.The weights of the categories are derived from 2011-12 NSSO household consumer expenditure survey, against 2004-05 survey in the existing series. The share of clothing and footwear in the CPI basket has seen an increase from 4.7% to 6.5%, with 7.36% in rural areas and 5.57% in urban areas.
The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. Some countries (like the Philippines) use WPI changes as a central measure of inflation. But now India has adopted new CPI to measure inflation. Currently the base year has been revised from 2004-05 to 2011-12 by the Office of Home · About Us; Wholesale Price Index (WPI). WPI Press Index Files For WPI Series (BASE: 2004-05) Calender Year Index File From 2005 Onwards. 31 Jul 2009 "The WPI series is being upgraded with base year 2004-05 in lieu of to continue depending on other indices like the consumer price index. 31 Jul 2009 "The WPI series is being upgraded with base year 2004-05 in lieu of to continue depending on other indices like the consumer price index. 12 Feb 2015 In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban monthly release of CPI and CFPI would be on this revised Base Year only. Old Series of CPI (Weights computed on the basis CES 2004-05). 8 Aug 2017 Consumer Price Indices for Rural, Urban & Combined Gujarat and All India Average of General Index for the Year 2004-05 to 2015-16 Base year: The well -known criteria for the selection of base year are (i) a normal year. (i) Agricultural and (ii) Rural Labour on base 1986-87=100 Consumer Price Index Numbers for Agricultural Labour (Base:1986-87=100) during 2004-05 Group-wise Agricultural Year Average All-India Consumer Price Index Numbers for
(Base period: January – December 2017 = 100). 4th Quarter 2018 The Consumer Price Index, which stood at 102.0 in September 2018, registered a net increase of 2004/05. 5.6. 2005. 4.9. 2005/06. 5.1. 2006. 8.9. 2006/07. 10.7. 2007. 8.8.
Currently, IIP and WPI take 2004-05 as base year, while the GDP and Consumer Price Index data are calculated using the base year of 2011-12. Using the same base year of 2011-12 for all WPI and Inflation Data upto 2010 based on new series with base year 2004-05 Thus the latest WPI has a basket of 676 items with 5482 quotations. The major criticism for this index is that 'the general public does not buy at the wholesale level', thus WPI does not give the actual feeling of the amount of pressure borne by the general public. The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. The base year of All-India WPI has been revised from 2004-05 to 2011-12 on 12 May 2017 to align it with the base year of other macroeconomic indicators like the Gross Domestic Product (GDP) and Index of Industrial Production (IIP). Calender Year Index File From 2005 Onwards Financial Year Index File From 2005-06 Onwards Website Content Managed by Office of the Economic Adviser, DPIIT, MoCI, GoI
Fiscal Year 2004/05 Nepal Rastra Bank. Report of Fiscal Year 2004/05 Nepal Rastra Bank. Published by: Table 1.6 National Urban Consumer Price Index (Base Year: 1995/96=100) 20 Table 1.7 National Wholesale Price Index (Base Year: 1999/2000=100) 21 Table 1.8 Monetary Survey 22
The Wholesale Prices Index (WPI) with base year 1993-94=100 reflected the structure of economy nearly 15 years ago. In order to adequately capture the current structure of the economy, Office of Economic Adviser, Ministry of Commerce and Industry, Government of India, shifted the base year of WPI to 2004-05=100 from 1993-94=100. At the aggregate level, the price trend as well as Fiscal Year 2004/05 Nepal Rastra Bank. Report of Fiscal Year 2004/05 Nepal Rastra Bank. Published by: Table 1.6 National Urban Consumer Price Index (Base Year: 1995/96=100) 20 Table 1.7 National Wholesale Price Index (Base Year: 1999/2000=100) 21 Table 1.8 Monetary Survey 22 The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month of August, 2014 rose by 0.6 percent to 185.7 (provisional) from 184.6 (provisional) for the previous month. Currently, IIP and WPI take 2004-05 as base year, while the GDP and Consumer Price Index data are calculated using the base year of 2011-12. Using the same base year of 2011-12 for all WPI and Inflation Data upto 2010 based on new series with base year 2004-05 Thus the latest WPI has a basket of 676 items with 5482 quotations. The major criticism for this index is that 'the general public does not buy at the wholesale level', thus WPI does not give the actual feeling of the amount of pressure borne by the general public. The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. The base year of All-India WPI has been revised from 2004-05 to 2011-12 on 12 May 2017 to align it with the base year of other macroeconomic indicators like the Gross Domestic Product (GDP) and Index of Industrial Production (IIP).
A new series of WPI was launched in September, 2010 with the base year. 2004- 05. the Index Numbers of Wholesale Prices in India with base 1993-94=100. This series the NSS 61st round Consumer Expenditure Survey data (2004-05).
Consumer Price Index (CPI) for Hong Kong from Census and Statistics Department Hong Kong which reflects the price change of the item since the base period, is first obtained. 20, 2011); The 2004/05-based consumer price indexes (Jul. The current national accounts series in India uses 2004-05 as the base year for Wholesale price index based and consumer price index based inflations in the.