{"id":313375,"date":"2024-10-15T11:28:11","date_gmt":"2024-10-15T05:58:11","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=313375"},"modified":"2024-10-16T11:29:30","modified_gmt":"2024-10-16T05:59:30","slug":"september-wholesale-food-prices-leapt-9-5","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/september-wholesale-food-prices-leapt-9-5\/","title":{"rendered":"September wholesale food prices leapt 9.5%"},"content":{"rendered":"<p><strong>News:<\/strong> <em>Inflation in India\u2019s wholesale prices hiked up to 1.84% in September from 1.31% in August, with food prices surging to a two-year high of 9.5% from August\u2019s 10- month low of 3.3%.<\/em><\/p>\n<p>1. Wholesale Price Index (WPI): It is an economic indicator that captures the changes in the prices of goods at the wholesale level, before goods reach the retail market.<\/p>\n<p>2. Three major groups of WPI include: A) Primary Articles (Weight 22.62%) B) Fuel &amp; Power (Weight 13.15%) C) Manufactured Products (Weight 64.23%)<\/p>\n<p>3. WPI uses 2011-12 as base year.<\/p>\n<p>4. It is released by Office of Economic Adviser, Dept. of Promotion of Industry and Internal Trade, Ministry of Commerce and Industry.<\/p>\n<p>5. A major limitation of WPI is that it does not consider the prices of the services.<\/p>\n<p>6. Other indices used to measure inflation include Consumer Price Index and GDP Deflator.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News: Inflation in India\u2019s wholesale prices hiked up to 1.84% in September from 1.31% in August, with food prices surging to a two-year high of 9.5% from August\u2019s 10- month low of 3.3%. 1. Wholesale Price Index (WPI): It is an economic indicator that captures the changes in the prices of goods at the wholesale&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/september-wholesale-food-prices-leapt-9-5\/\">Continue reading <span class=\"screen-reader-text\">September wholesale food prices leapt 9.5%<\/span><\/a><\/p>\n","protected":false},"author":10357,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[12039],"tags":[],"class_list":["post-313375","post","type-post","status-publish","format-standard","hentry","category-knolls","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/313375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10357"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=313375"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/313375\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=313375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=313375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=313375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}