Wholesale price index is an economic indictor available to the policy makers. This was invented in 1902 and was later on replaced by product price index. Generally it is referred as WPI. This is an economic indicator which is used to tell and measure the changes in the average price level of goods traded at wholesale market or price at big sale. WPI is an indicator to follow the growth of economy in general, and as material in analyzing the market and the monitory conditions. WPI is a widely used price indicator in many countries. It lists hundreds of items an help poly makers to make economic related decisions. Hundreds of commodities data on price level is tracked. This is a very comprehensive data. It is one View the rest of this article
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