Producer Price Index
Latest news, explainers and analysis on Producer Price Index. Tracking 2 stories on Arth Vani.
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Latest on Producer Price Index
US Wholesale Inflation Hits 6.3% in September, Highest Since December 2022
US wholesale inflation accelerated to 6.3% in September, marking its highest level since December 2022. This surge was primarily driven by a sharp increase in gas prices, impacting producer costs across the American economy.
Govt Shifts Contract Pricing from WPI to PPI
The Finance Ministry has directed government departments to use the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for future contracts. This change aligns with international standards and follows the recent release of monthly PPI data.
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