EconomyMonday, 15 June 2026·The Hindu - Economy
India to replace WPI with PPI; revised WPI series from June 15, 2026
The government 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 government began a revised Wholesale Price Index (WPI) series with base year 2022-23 and introduced a new Producer Price Index (PPI) framework, replacing the old WPI base year 2011-12.
Key specifics
- DPIIT will release the revised WPI series with base year 2022-23 on June 15, 2026.
- The new PPI will have three indices: Output PPI, Trial Input PPI and Services PPI.
- Services PPI will initially cover seven services, including Banking, Securities Transaction, Insurance and Telecom.
- The WPI series will continue for five years before being discontinued.
- The number of items in the WPI basket has increased from 697 to 957.
Exam lens
TNPSC economy question type: index replacement and base year, DPIIT, WPI base year 2022-23, old base year 2011-12, PPI with Output/Input/Services indices, 697 to 957 items.