EconomyFriday, 5 June 2026·The Hindu
Government to replace WPI with PPI from June 15; new WPI series uses 2022-23 base year
The government will release a revised WPI series and a new PPI series on June 15, 2026, with a five-year transition from WPI to PPI.
Key highlights
Direct fact
On June 15, 2026, the Department for Promotion of Industry and Internal Trade will release a revised Wholesale Price Index series with base year 2022-23 and a new Producer Price Index series, as part of a five-year transition away from WPI.
Key specifics
- WPI revised series base year: 2022-23, replacing the 2011-12 series.
- New PPI will have 3 indices: Output PPI, Trial Input PPI and Services PPI.
- Initial Services PPI covers 7 services, including Banking, Securities Transaction and Telecom.
- Total WPI items increase from 697 to 957 in the new series.
- WPI will continue for 5 years from the revised series release date before discontinuation.
Exam lens
Index and inflation question, WPI base year 2022-23, PPI with 3 indices, 7 services, 697 to 957 items; TNPSC may ask why PPI is considered a better price measure than WPI.