The Office of Economic Adviser, DPIIT, released the revised WPI (Wholesale Price Index) series with base year 2022-23 on June 15, 2026, along with India's first Producer Price Index (PPI) Framework. The WPI basket expanded from 697 to 957 items. New additions: Solar, Wind, and Nuclear Electricity. New PPI series includes Output PPI (OPPI, monthly), Trial Input PPI (IPPI, manufacturing sector), and Service PPI (quarterly, 7 sectors). WPI and PPI will run simultaneously for 5 years before WPI is discontinued.
Science & Tech
India Launches New WPI Series (Base Year 2022-23) and Producer Price Index (PPI) Framework on June 15
Key Points
- The Office of Economic Adviser, DPIIT, released the revised WPI (Wholesale Price Index) series with base year 2022-23 on June 15, 2026, along with India's first Producer Price Index (PPI) Framework
- The WPI basket expanded from 697 to 957 items
- New additions: Solar, Wind, and Nuclear Electricity
- New PPI series includes Output PPI (OPPI, monthly), Trial Input PPI (IPPI, manufacturing sector), and Service PPI (quarterly, 7 sectors)
- WPI and PPI will run simultaneously for 5 years before WPI is discontinued
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• WPI base year revised: 2011-12 → 2022-23; launched June 15, 2026 by DPIIT/Office of Economic Adviser • WPI basket: 697 → 957 items; Solar, Wind, Nuclear added under Electricity • PPI: OPPI (monthly) + Trial IPPI (manufacturing) + Service PPI (quarterly; 7 sectors) • WPI + PPI parallel for 5 years; then WPI discontinued; aligns with IMF best practices
