India Wholesale Price Index - Food y/y

Country:
India
INR, Indian rupee
Sector:
Prices
Low -1.29% -1.46%
0.00%
Last release Importance Actual Forecast
Previous
-3.94%
-1.29%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

The Wholesale Price Index (WPI) Food y/y measures changes in wholesale prices for the consumer food basket in the reported month compared to the same month a year ago. The index is calculated monthly to measure food inflation.

The index is calculated based on the cumulative WPI value of the food group in the Production section and the appropriate group in the primary goods section. Therefore, it is a derived index. Components are calculated relative to a reference period, which is currently set for 2011-2012.

The index deals with actual prices paid by wholesale buyers during the transaction. Source data is collected from different resource, including ministries and departments, as well as public and private companies. Different weights are given to the goods from the basket, reflecting the importance of products for the Indian economy. The composition of the basket is reviewed from time to time to reflect the actual structure of consumption.

The index is considered a leading indicator of consumer inflation, as changes in wholesale food prices lead to changes in retail prices received by end consumers. Also, various agencies may use the information on changes in wholesale prices for indexation and revision of payments. The rising index value indicates an increase in consumer spending, which may have a positive impact on INR exchange rates.

Last values:

actual data

forecast

The chart of the entire available history of the "India Wholesale Price Index - Food y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Aug 2021
-1.29%
-1.46%
0.00%
Jul 2021
0.00%
0.94%
3.09%
Jun 2021
3.09%
3.84%
4.31%
May 2021
4.31%
4.63%
4.92%
Apr 2021
4.92%
6.67%
3.24%
Mar 2021
3.24%
4.39%
1.36%
Feb 2021
1.36%
-4.39%
-2.80%
Jan 2021
-2.80%
-2.38%
-1.11%
Dec 2020
-1.11%
2.66%
3.94%
Nov 2020
3.94%
5.55%
6.37%
Oct 2020
6.37%
6.62%
8.17%
Sep 2020
8.17%
4.85%
3.84%
Aug 2020
3.84%
5.09%
4.08%
Jul 2020
4.08%
2.68%
2.04%
Jun 2020
2.04%
1.72%
1.13%
May 2020
1.13%
1.13%
2.55%
Apr 2020
2.55%
3.10%
4.91%
Mar 2020
4.91%
7.57%
7.79%
Feb 2020
7.79%
10.41%
11.51%
Jan 2020
11.51%
10.93%
13.24%
Dec 2019
13.24%
11.08%
Nov 2019
11.08%
9.80%
Oct 2019
9.80%
7.47%
Sep 2019
7.47%
7.67%
Aug 2019
7.67%
6.15%
Jul 2019
6.15%
6.98%
Jun 2019
6.98%
6.99%
May 2019
6.99%
7.37%
Apr 2019
7.37%
5.68%
Mar 2019
5.68%
4.28%
Feb 2019
4.28%
2.34%
Jan 2019
2.34%
-0.07%
Dec 2018
-0.07%
-3.31%
Nov 2018
-3.31%
-1.49%
Oct 2018
-1.49%
-0.21%
Sep 2018
-0.21%
-4.04%
Aug 2018
-4.04%
-2.16%
Jul 2018
-2.16%
1.80%
Jun 2018
1.80%
1.60%
May 2018
1.60%
0.87%
Apr 2018
0.87%
-0.29%
Mar 2018
-0.29%
0.88%
Feb 2018
0.88%
3.00%
Jan 2018
3.00%
4.72%
Dec 2017
4.72%
6.06%
Nov 2017
6.06%
4.30%
Oct 2017
4.30%
2.04%
Sep 2017
2.04%
5.75%
Aug 2017
5.75%
2.15%
Jul 2017
2.15%
-1.25%

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Date format

Your embed code

Copy widget codeCopied

Preview