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During the three months before he took office, the wholesale price index rose at an annual rate of 37 percent.
In fact, he thought that interest rates were highly correlated to the wholesale price index rather than the rate of inflation.
In one sign of the pressure on prices, the wholesale price index rose by nearly 3 percent in August from the period a year earlier.
India's wholesale price index rose to 7.6 percent in July, a three-and-a-half-year high.
The central bank said in a preliminary report that the overall wholesale price index in April was 93.0 against the base of 100 for 1990.
There occurs several problems for India to shift from the current Wholesale Price Index.
The Japan wholesale price index (relative to 1 as the average of 1930) shot up to 16.3 in 1943, 127.9 in 1948 and 342.5 in 1951.
The committee stated that an average increase of no more than 4% per year in the Wholesale Price Index should be treated as acceptable.
The calculation of the conversion relation was considerably judged to the dollar index as well as to the wholesale price index.
Certainly US inflation subsequently had been extremely low; between 1952 and 1967 the US wholesale price index rose at only 0.8 per cent a year.
The wholesale price index of India also witnessed large fluctuations between 13% in August 2008 to 0% in March 2009.
A number of countries that now report a Producer Price Index previously reported a Wholesale Price Index.
Another correspondent advised viewers that the rise in the wholesale price index should be discounted heavily, because much of it was attributable to movements in traditionally volatile energy components.
The PPI was known as the Wholesale Price Index, or WPI, up to 1978.
The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods.
The wholesale price index (WPI) is based on the wholesale price of a few relevant commodities of over 240 commodities available.
In India and the United States, an earlier version of the PPI was called the Wholesale Price Index.
The present day process being used in India has been The Wholesale Price Index while several other developed countries adopt the Consumer price index to calculate inflation.
The Wholesale Price Index (WPI) is the index used to measure the changes in the average price level of goods traded in wholesale market.
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.
Once the new P.P.P. exchange rates took hold, current price deflations in Japan and West Germany would be halted, and the two nations' wholesale price indexes would be roughly aligned with America's index.
Other types of baskets are used to define Producer Price Index (PPI), previously known as Wholesale Price Index (WPI), as well as various commodity price indices.
In principle the German government followed the line of market-oriented reasoning that the dollar index and the wholesale price index would roughly indicate the true price level in general over the period of high inflation and hyperinflation.
Another debate points that contradicts the application of Consumer Price Index is the fact that it is calculated on a monthly basis while the Wholesale Price Index is calculated on a weekly basis.
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.