What does wholesale price index mean?

Definitions for wholesale price index
whole·sale price index

Here are all the possible meanings and translations of the word wholesale price index.

Princeton's WordNet

  1. producer price index, wholesale price indexnoun

    an index of changes in wholesale prices

Freebase

  1. Wholesale price index

    The Wholesale Price Index is the price of a representative basket of wholesale goods. Some countries use WPI changes as a central measure of inflation. However, United States now report a producer price index instead. The Wholesale Price Index or WPI is "the price of a representative basket of wholesale goods". Some countries use the changes in this index to measure inflation in their economies, in particular India – The Indian WPI figure was earlier released weekly on every Thursday and influenced stock and fixed price markets. The Indian WPI is now updated on a monthly basis. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than goods bought by consumers, which 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 helps in analyzing both macroeconomic and microeconomic conditions.

Matched Categories

How to pronounce wholesale price index?

  1. Alex
    US English
    Daniel
    British
    Karen
    Australian
    Veena
    Indian

How to say wholesale price index in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of wholesale price index in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of wholesale price index in Pythagorean Numerology is: 9

Images & Illustrations of wholesale price index

  1. wholesale price indexwholesale price indexwholesale price indexwholesale price indexwholesale price index

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