India introduces PPI for goods and services, begins shift from WPI
- Posted on June 15, 2026
- By Business News Today
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- 1 min read
India introduces PPI for goods and services, begins shift from WPI
India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans to phase out Wholesale Price Index numbers within five years. This aligns with international practices and IMF recommendations. The new PPI will offer better insights into inflation experienced by producers.
