wholesale price index


Also found in: Dictionary, Thesaurus, Acronyms, Wikipedia.
Related to wholesale price index: consumer price index

Producer Price Index

An index tracking the price of goods bought and sold in bulk before they reach the retail level. The producer price index usually tracks changes in these prices on a monthly basis. A large change in producer prices can lead to a change in retail prices, which affects consumers most directly. As a result, a few countries use the producer price index as a measure of inflation, but most do not. A dramatic increase in producer prices, however, may be seen as an early indicator of inflation. It is also called the wholesale price index.

wholesale price index

A largely outdated reference to the producer price index.
References in periodicals archive ?
The change of Wholesale Price Index in the First quarter 2014 is traced back to an increase in the prices of Agricultural goods by 1.69%, Manufacturing group by 0.30% and the Fishing products by 8.01%, while the prices of the Mining and quarrying decreased by 5.40%.
Analysts were also guarded as the new indices have some way to go before they evolve into the country's benchmark for inflation to replace the current wholesale price index ( WPI).
The BOJ projected in January that the wholesale price index and the core consumer price index would fall for at least three years through fiscal 2011 ending March 2012.
Summary: GermanyEoee1/4eaos Wholesale Price Index is expected to shrink for the 8th consecutive month in March, showing the annual pace of decline accelerated to -0.3% from...
Summary: New Delhi [India], June 27 (ANI): A working group has been constituted for the revision of current series of Wholesale Price Index (base 2011-12) under the chairmanship of NITI Aayog Member Ramesh Chand, the government said on Thursday.
In April, the Wholesale Price Index (WPI) increased by 0.13.8%, and Sensitive Price Index (SPI) increased by 9.3% over same month a year ago.
On the basis of Wholesale Price Index (WPI), inflation was 4.53 percent in August and 3.14 percent in September last year.
Inflation based on wholesale price index (WPI) accelerated further to 3.93 per cent in November due to a sharp rise in onion prices and costlier seasonal vegetables, government data showed on Thursday.
PSA data released on Monday showed the Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region posted a growth of 4.7 percent in November.
Market analysts said the truncated weekly trade was impacted by better-than-expected wholesale price index numbers.
Addressing a press conference after the Federal Cabinet meeting, the minister said that Sensitive Price Index (SPI), Consumer Price Index (CPI) and Wholesale Price Index (WPI) have registered decrease as compared to the same period of last year.
The basic price index for domestic supply went up by 6.7% and the year-on-year change in the wholesale price index was 8%