EconomySunday, 31 May 2026·The Hindu
India to replace WPI with Producer Price Index from June 15, 2026
The government will release a revised WPI series and a new Producer Price Index from June 15, 2026.
Key highlights
Direct fact
On June 15, 2026, the DPIIT will release a revised Wholesale Price Index (WPI) series with base year 2022-23 and a new Producer Price Index (PPI), as the government begins a five-year transition away from WPI.
Key specifics
- The existing WPI series has base year 2011-12, while the new series uses 2022-23.
- The new PPI will have three indices: Output PPI, Trial Input PPI and Services PPI.
- Services PPI will initially cover 7 services, including Banking, Securities Transaction and Telecom.
- The number of items in the WPI basket rises from 697 to 957 in the revised series.
- WPI and Output PPI will be available for May 2026, with back series from April 2023 to April 2026.
Exam lens
Economy and inflation question, WPI base year 2022-23, PPI with 3 indices, 7 services, 697 to 957 items, and IMF-backed global best practice are the likely MCQ points.