Karandikars & Associates

Wholesale Price Index Annual

(Source: While we have picked up the data from RBI Handbook of Statistics, it cites the source as: Office of the Economic Adviser, Ministry of Commerce and Industry, Government of India)

Office of the Economic Adviser (OEA) is an attached office of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry

WPI captures the average movement of wholesale prices of goods and is primarily used as a GDP deflator. WPI(2011-12) reckons only basic prices and does not include taxes, rebate/trade discounts, transport and other charges

The item basket comprises of 697 items. The prices are collected from the concerned Ministries/Departments and through survey from the selected Manufacturing units. Weights are based on the value of production adjusted for net imports

The 697 commodities are divided under three major groups: Primary Articles (117 items) have Weight of 22.62%, Fuel & Power (16 items) have Weight of 13.15% and Manufactured Products (564 items) have Weight of 64.23%

Primary Articles include Food, Non-Food, Minerals, and Crude Petroleum & Naturl Gas

Fuel & Power include Coal, Mineral Oils and Electricity

Manufactured Products include:

1. Manufacture of food products
2. Manufacture of beverages
3. Manufacture of tobacco products
4. Manufacture of textiles
5. Manufacture of wearing apparel
6. Manufacture of leather and related products
7. Manufacture of wood and of products of wood and cork
8. Manufacture of paper and paper products
9. Printing and reproduction of recorded media
10. Manufacture of chemicals and chemical products
11. Manufacture of pharmaceuticals, medicinal chemical and botanical products
12. Manufacture of rubber and plastics products
13. Manufacture of other non-metallic mineral products
14. Manufacture of basic metals
15. Manufacture of fabricated metal products, except machinery and equipment
16. Manufacture of computer, electronic and optical products
17. Manufacture of electrical equipment
18. Manufacture of machinery and equipment
19. Manufacture of motor vehicles, trailers and semi-trailers
20. Manufacture of other transport equipment
21. Manufacture of furniture
22. Other manufacturing

Also published is WPI Food Index (Weight 24.38%): The Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group

For 2024-25, WPI for All Commodities was 154.9, WPI for Primary Articles was 192.5, WPI for Fuel and Power was 150.0 and WPI for Manufactured Products was 142.6

Within Primary Articles, WPI for Primary Articles-Food was 205.3 and WPI Primary Articles- Non Food was 161.7.