DPIIT Unveils New WPI 2022-23 Series, Paves Way For Producer Price Index Transition
The launch of the new WPI series marks a landmark reform in India’s efforts to modernise its inflation measurement framework. The Office of the Economic Adviser (OEA) under the Department for Promotion of Industry and Internal Trade (DPIIT) has introduced a revised Wholesale Price Index (WPI) with 2022-23 as the new base year, replacing the […]
