EconomySunday, 21 June 2026·The Hindu - Economy
India releases Producer Price Index for goods and services; WPI to be phased out in 5 years
The government released PPI data for goods and services for the first time on June 15, 2026 and plans to discontinue WPI after five years.
Key highlights
Direct fact
On June 15, 2026, the Government of India released Producer Price Index (PPI) data for goods and services for the first time, with the revised base year 2022-23 and a plan to discontinue Wholesale Price Index (WPI) publication after 5 years.
Key specifics
- All-India Output PPI for all commodities stood at 109.6 in May 2026, up from 108.6 in April 2026.
- All-India trial Input PPI for the manufacturing sector stood at 104.9 in May 2026.
- WPI inflation rose to 9.68% in May 2026 from 8.26% in April 2026, while output PPI inflation rose to 9.4% from 8.1%.
- The revised base year for both WPI and PPI is 2022-23, and the series includes 957 items.
- Seven services are covered in the first phase of Service PPI: banking, securities transaction, insurance, management of pension funds, railways, air (passenger), and telecom.
Exam lens
Economy and indices, WPI versus PPI, base year 2022-23, 957 items, 7 services: TNPSC may ask which index is being phased out and why PPI is considered more suitable for GDP compilation.