Description
A wholesale price index (WPI) is the measure of price changes of a certain class of goods on a wholesale level. An inflation indicator expressed in terms of percentage changes from the prior month, WPI focuses on the price of goods traded between corporations rather than goods purchased by consumers. This instead is measured by the Consumer Price Index. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. This assists in analysing both macroeconomic and microeconomic conditions.
This sub-section showcases indicators which present data on the wholesale price index for building and construction materials. The data is presented through a line chart and time series from the beginning of 2020 to the most recently published figures.