New Delhi, June 2 (IANS) The Government on Tuesday announced that it has approved the revision of the Base Year of Wholesale Price Index (WPI) from 2011-12 to 2022-23 and compilation of Producer Price Indices (PPIs).Accordingly the revised series of WPI inflation with base year 2022-23 will be released on June 15, which would replace the existing series of WPI with base year 2011-12, according to a statement issued by the Ministry of Commerce and Industry.In addition, the new series of Output Pr…
Latest Crude Petroleum News & Updates
New Delhi, May 14 (IANS) The increase in wholesale inflation in April was largely driven by a sharp rise in energy and petroleum-related prices, which also contributed to higher input costs across several manufacturing segments, industry chambers said on Thursday.In contrast, food-related wholesale inflation remained relatively moderate compared with recent periods of raised volatility, said Rajeev Juneja, President, PHDCCI.India’s wholesale price inflation jumps to 8.3 per cent in April 2026 …