Wholesale price index (WPI) is used as a measure of inflation in some countries. This index measures and tracks the change in price of commodities at wholesale level. It means that change in price of goods is measured at the beginning and at the end of concerned time period. It includes goods that are sold in bulk and traded between organizations instead of consumers.
Author: Vikas Yadav
Vikas Yadav founded MonetarySection.com in 2014 and is responsible for everything published on it. He holds an MBA from NCU (formerly ITM), Gurugram, and writes about accounting, payroll and personal finance for Indian readers. Facts and figures are checked against official sources such as the Income Tax Department, RBI and IRDAI.
View all posts by Vikas Yadav
fastidious one