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Govt discontinues weekly Wholesale Price Index release

  • The government today announced discontinuation of release of weekly primary and food inflation data based on the Wholesale Price Index. It, however, will continue releasing the monthly headline or overall inflation data, which also contains the break-up for all segments including food, non-food, and fuel and manufactured items. The headline inflation figures for January are scheduled to be released on February 14.
  • Besides, the government will also come out with a retail inflation data based on the all-India Consumer Price Index, CPI, from this month. The first nationwide CPI numbers, for the month of January, will come out on 21st of next month.
  • The government has last month decided to do away with the practice of releasing the weekly primary and food inflation data as the figures were not portraying the holistic picture of the price situation.

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