Wholesale Price Index for March 2022

Published on April 18, 2022
Current Context: The Wholesale Price Index Inflation has buoyantly Rosen to 14.55 % as per data released by the office of economic advisor, DPIIT following the disruption in fuel supply amid the Ukraine Crisis.
  • The Wholesale Price Index is assessed based on three parameters .
    1. Primary Articles
    2. Fuel and Power
    3. Manufactured Articles
  • Of the above three parameters, fuel is a greater component that has seen constant Philip due to the Ukraine - Russia War as supply has been badly impacted. Also, fuel is the prerequisite for running manufacturing units, hence WPI has seen an exponential surge.
  • As against 2.73 Fuel and Power has reached 5.68 over a month of time. This is suggestive of having strategic reserves as indicated by the Finance minister during her post-budget session so that domestic prices remain under control.
  • Being the driver of manufacturing industries. Fuel and Power need to remain prone to global supply chain shocks so that cumulative growth is not affected.


Q.1 What are the parameters for calculating WPI?
a. Primary Articles, Fuel & Power, Manufactured products
b. Primary Articles, Secondary Articles, Fuel and Power
c. Primary Articles, Secondary Articles, Manufactured products
d. None of the above

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu