WHOLESALE PRICE INDEX Subject : Economy Context : WPI quickens to 2.03% after easing in December. Concept : Wholesale Price Index It is the most widely used inflation indicator in India. Published by the Office of Economic Adviser, Ministry of Commerce and Industry. All transactions at the first point of bulk sale in […]

Subject: Economy Context: Wholesale prices in the country have deflated to 3.21 per cent in May due to sharp decline in prices of fuel and power, even as food articles turned expensive. The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21 per cent (provisional) for May 2020 as […]