Wholesale price index base year 1993-94

Keywords: Consumer and wholesale price inflation, aggregate supply, Granger causality, The WPI is a Laspeyre's index (current prices divided by base-year prices with base- the tests were all repeated by converting to base 1993-94 also. 24 Jul 2011 The government, in September 2010, changed the base year for calculating Wholesale Price Index (WPI) from 1993-94 to 2004-05 to give a 

The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71,1981-82, 1993-94 and 2004-05 so far. The current series is the seventh revision. The revision entails shifting the base year to 2011-12 from 2004-05, changing the basket of commodities and assigning new weights to the commodities. New Delhi: The wholesale price index (WPI) for October will be according to the old base year of 1993-94 and the WPI new series with base year 2004-05 will be released shortly, a senior Commerce Ministry official said. “We will have WPI with 2004-05 as the base year soon. We have already released the monthly data for commodities,” Industrial Policy and Promotion Secretary Ajay Shankar said. The current series of Wholesale Price Index has 2004-05 as the base year. Latest revision of WPI has been done by shifting base year from 1993-94 to 2004-05 on the recommendations of the Working Group set upwith Prof Abhijit Sen,, Member, Planning Commission as Chairman for revision of WPI series. The Central Government on Monday decided to shift the base year for Wholesale Price Index (WPI) based inflation from 1993-94 to 2004-05 and release the comprehensive data on a monthly basis. IX Inflation Inflation rate in India is measured by the wholesale price index (WPI). Currently, WPI (Base year 1993-94 =100) is a combined index of 435 articles/items, comprising 98 ‘primary articles’, 19 items of ‘fuel, power, light and lubricants’ variety and 318 ‘manufactured products’. The choice of the method to link various index series is left to be decided by the users. The CSO has been using the arithmetic conversion method. According to this method, the linking factors for conversion of indices from the base 2004-05 series to the earlier base 1993-94 and from the base 1993-94 to the base 1901-81 up to Sectoral level are

5 Aug 2019 Index of Farm Harvest Price of Principal Crops in Assam (Base 1993-94 = 100) Using these prices Wholesale Price Indices (WPI) are compiled and The Index number of WPI for Agricultural Commodities (base 1993-94) for the are compiled by the Labour Bureau, Govt. of India with base year 2001.

Wholesale Price Index (WPI) index reflects the average price change of goods that are bought and sold in the wholesale market. WPI is published by the Office of Economic Adviser, Ministry of Commerce and Industry. The Government periodically reviews and revises the base year of the macroeconomic indicators as a regular exercise to capture structural … The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71,1981-82, 1993-94 and 2004-05 so far. The current series is the seventh revision. The revision entails shifting the base year to 2011-12 from 2004-05, changing the basket of commodities and assigning new weights to the commodities. New Delhi: The wholesale price index (WPI) for October will be according to the old base year of 1993-94 and the WPI new series with base year 2004-05 will be released shortly, a senior Commerce Ministry official said. “We will have WPI with 2004-05 as the base year soon. We have already released the monthly data for commodities,” Industrial Policy and Promotion Secretary Ajay Shankar said. The current series of Wholesale Price Index has 2004-05 as the base year. Latest revision of WPI has been done by shifting base year from 1993-94 to 2004-05 on the recommendations of the Working Group set upwith Prof Abhijit Sen,, Member, Planning Commission as Chairman for revision of WPI series. The Central Government on Monday decided to shift the base year for Wholesale Price Index (WPI) based inflation from 1993-94 to 2004-05 and release the comprehensive data on a monthly basis. IX Inflation Inflation rate in India is measured by the wholesale price index (WPI). Currently, WPI (Base year 1993-94 =100) is a combined index of 435 articles/items, comprising 98 ‘primary articles’, 19 items of ‘fuel, power, light and lubricants’ variety and 318 ‘manufactured products’.

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 22nd April 2006 rose by 0.2 percent to 198.8 (Provisional) from 198.5 (Provisional) for the previous week.

Consumer Price Index Numbers for Industrial Workers(CPI-IW) on base 2001= 100 and All-India Index Numbers of Wholesale Prices- New Series. 764. 2. The Wholesale Prices Index (WPI) with base year 1993-94=100 reflected the structure of economy nearly 15 years ago. In order to adequately capture the current structure of the economy, Office of Economic Adviser, Ministry of Commerce and Industry, Government of India, shifted the base year of WPI to 2004- 05=100 from 1993-94=100. The office of the Economic Adviser to the Government of India, Ministry of Commerce & Industry, has replaced the old series (Base:1981-82=100) by a new series with a base 1993-94=100 for the Wholesale Price Index with effect from the week ending 1st April, 2000. To maintain continuity in the time series data on Wholesale The wholesale price index (WPI) is based on the wholesale price of a few relevant commodities of over 240 commodities available. The commodities chosen for the calculation are based on their importance in the region and the point of time the WPI is employed.

The current series of Wholesale Price Index has 2004-05 as the base year. Latest revision of WPI has been done by shifting base year from 1993-94 to 2004-05 on the recommendations of the Working Group set upwith Prof Abhijit Sen,, Member, Planning Commission as Chairman for revision of WPI series.

20 Oct 2009 The revamped wholesale price index would cover about 900 items. and the base year is being brought forward from 1993-94 to 2004-05. 15 May 2017 Wholesale Price Index (WPI) measures the average change in the prices of in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. Wholesale price index calculated with 2011-12 base year does not  5 Aug 2019 Index of Farm Harvest Price of Principal Crops in Assam (Base 1993-94 = 100) Using these prices Wholesale Price Indices (WPI) are compiled and The Index number of WPI for Agricultural Commodities (base 1993-94) for the are compiled by the Labour Bureau, Govt. of India with base year 2001. The current series of Wholesale Price Index has 2004-05 as the base year. Latest revision of WPI has been done by shifting base year from 1993-94 to 2004-05  TABLE 37 : WHOLESALE PRICE INDEX - ANNUAL AVERAGE. Year. AC. PA of which. F&P. MP. AC 1993-94. 247.8. 250.9. 284.4. 249.1. 262.4. 243.2. 1994- 95. 112.6. 115.8. 112.8. 124.2. 108.9 (Base : 1993-94 = 100). (Base : 2004-05   6 May 2016 The following is the Wholesale Price Index (WPI) of a select list of items with the base year of 1993-94. In other words, all the item prices are 

(WPI) with base 1993-94 is ready and shall The Wholesale Price Index (WPI) is the most widely in India with 1981-82 as base year came into existence.

6 Jan 2019 Indian economy follows wholesale price indices (WPI) compiled at national No. Base year. Year of. introducti on. No. of. commodities. Gr oups of 10 construction items are deleted from series 1993-94 whereas 36 new ite 

Keywords: Consumer and wholesale price inflation, aggregate supply, Granger causality, The WPI is a Laspeyre's index (current prices divided by base-year prices with base- the tests were all repeated by converting to base 1993-94 also. 24 Jul 2011 The government, in September 2010, changed the base year for calculating Wholesale Price Index (WPI) from 1993-94 to 2004-05 to give a  The price level as measured by the movement of Wholesale Price Index(WPI), on a national level the WPI with 1993-94 as base year though showed signs of  8 Dec 2014 Price statistics available in Indian official publications may be series of index numbers of wholesale prices with 1993-94 as base year as part