EconomyTuesday, 2 June 2026·The Hindu
Government to replace WPI with PPI; revised WPI series from June 15, 2026
India will phase out WPI over five years and introduce a new Producer Price Index series from June 15, 2026.
Key highlights
Direct fact
On June 15, 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) will release a revised Wholesale Price Index (WPI) series with base year 2022-23 and a new Producer Price Index (PPI) series.
Key specifics
- The revised WPI series replaces the existing 2011-12 base year series.
- The new PPI will have three indices: Output PPI, Trial Input PPI and Services PPI.
- Initially, Services PPI will cover 7 services, including Banking, Securities Transaction, Insurance, Railways, Air (Passenger) and Telecom.
- The total number of items in the new WPI series has increased from 697 to 957.
- WPI and Output PPI will be compiled monthly, while Service PPI will be released quarterly; the WPI will be discontinued after 5 years.
Exam lens
TNPSC economy question: WPI base year 2022-23, PPI launch on June 15, 2026, 697 to 957 items, 7 service sectors. A likely one-liner is about WPI versus CPI and why PPI is considered more comprehensive.