Wholesale Price Index - WPI
- Wholesale Price Index - WPI
- An index that measures and tracks the changes in price of goods in the stages before the retail level. Wholesale price indexes (WPIs) report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy.
Although some countries still use the WPIs as a measure of inflation, many countries, including the United States, use the producer price index (PPI) instead.
The wholesale price indexes used in Indonesia were originally set up in 1996; the base year was reset in April of 2006 with a WPI value of 2000. Index values in Indonesia are commonly expressed as 2000=100.
As an example, the Indonesian Agriculture WPI in February of 2008 was 5140, but was expressed in the recent tables released by Statistics Indonesia as 257 (calculated as 5140/[2000/100]=257).
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Wholesale price index — A Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. Some countries (like India and The Philippines) use WPI changes as a central measure of inflation. However, India and the United States now report a… … Wikipedia
wholesale price index — UK US noun [C, usually singular] (ABBREVIATION WPI) ECONOMICS ► a list of some basic wholesale prices that shows how they change over time, used to measure inflation: »Year on year inflation, measured by the wholesale price index, is currently 3% … Financial and business terms
Consumer price index by country — Contents 1 Argentina 2 Australia 3 Belgium 4 Canada … Wikipedia
Producer price index — A Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is one of several price indices calculated by national statistical agencies. Its importance is being undermined by the steady… … Wikipedia
Producer Price Index (India) — The Indian Wholesale Price Index (WPI) was first published in 1902, and was used by policy makers until it was replaced by the Producer Price Index (PPI) in 1978. The Wholesale Price Index (WPI) was the most widely used price index in India. It… … Wikipedia
U.S. Producer Price Index — The official measure of producer prices in the US is called the Producer Price Index (PPI). It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978 … Wikipedia
WPI — wholesale price index. * * * WPI UK [ˌdʌb(ə)ljuː piː ˈaɪ] US [ˌdʌb(ə)lju pi ˈaɪ] abbreviation economics wholesale price index Thesaurus: prices and costssynonym types of prices and describing prices and costshyponym … Useful english dictionary
WPI (disambiguation) — WPI, a three letter acronym, may stand for:* Wireless Products Innovations, Inc., the #1 U.S. Cellular exclusive agent. * Worcester Polytechnic Institute * The Worker Communist Party of Iran * Windows Post Install Wizard * The Wholesale price… … Wikipedia
WPI — wholesale price index. * * * … Universalium
WPI — Worcester Polytechnic Institute (Academic & Science » Universities) ** Wholesale Price Index (Business » General) ** Wholesale Price Index (Governmental » US Government) ** Whey Protein Isolate (Miscellaneous » Food) ** Watson Pharmaceuticals,… … Abbreviations dictionary
