Govt to replace WPI with Producer Price Index: An explainer
New Delhi, June 2 (PTI) With an aim to offer a more realistic assessment of inflationary trends in the economy, the government has decided to phase out the Wholesale Price Index (WPI) and introduce a detailed Producer Price Index (PPI) covering output, input and services prices. The government has revised the base year of WPI to 2022-23 from the existing…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
 With an aim to offer a more realistic assessment of inflationary trends){kind=link}