Economy
What is WPI (Wholesale Price Index)? — Meaning, Definition & Example
Definition
WPI measures the average change in prices of goods at the wholesale level in India. It tracks prices of manufactured products, primary articles, and fuel. While CPI is used for monetary policy, WPI helps track input costs for businesses.
💡 Real Example
If WPI is rising faster than CPI, it signals that wholesale costs are increasing which may eventually push up retail prices too.
🇮🇳 WPI (Wholesale Price Index) in Hindi / हिंदी में
WPI (थोक मूल्य सूचकांक) — WPI भारत में थोक स्तर पर वस्तुओं की कीमतों में औसत परिवर्तन को मापता है।
WPI (Wholesale Price Index) (Hinglish) — WPI wholesale level pe goods ki prices mein average change measure karta hai. Manufactured products, primary articles, fuel ki prices track karta hai.
❓ Frequently Asked Questions
What is WPI (Wholesale Price Index) in simple words?
WPI measures the average change in prices of goods at the wholesale level in India. It tracks prices of manufactured products, primary articles, and fuel. While CPI is used for monetary policy, WPI helps track input costs for businesses.
Can you give an example of WPI (Wholesale Price Index)?
If WPI is rising faster than CPI, it signals that wholesale costs are increasing which may eventually push up retail prices too.
What is WPI (Wholesale Price Index) meaning in Hindi?
In Hindi, WPI (Wholesale Price Index) is called WPI (थोक मूल्य सूचकांक). WPI भारत में थोक स्तर पर वस्तुओं की कीमतों में औसत परिवर्तन को मापता है।