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Key Highlights
In the revised series, WPI will continue to constitute three Major Groups,namely Primary Articles, Fuel & Power and Manufactured Products.
Highlights of the changes introduced in the new series are summarized below:
♤ Updated item basket and weighting structure conforming to the structure of economy in 2011-12.
♤ Increase in number of items from 676 to 697. In all 199 new items have been added and 146 old items have been dropped.
♤ The new series is more representative with increase in number of quotations from 5482 to 8331, an increase by 2849 quotations (52%).