Mains Paper II · 1 Indian Economy · 1.8 Inflation and price indices

1.8.4 Price indices: WPI, PPI and the CPI family – compilers, weights and base years

India has several price indices: CPI (NSO) for consumers, CPI-IW and CPI-AL/RL (Labour Bureau) for workers, WPI (Office of the Economic Adviser) for wholesale goods, and a new Producer Price Index; the base years were reset in 2026.

  • APPSC Group 2 · Mains Paper II
  • Advanced level
  • 6 min read
  • Full course

Key terms

  • WPI
  • PPI
  • CPI-IW
  • CPI-AL
  • CPI-RL
  • CPI Combined
  • base year
  • weights
  • Labour Bureau
  • Office of the Economic Adviser
  • GDP deflator

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

Read the full note in the app. It is part of the APPSC Group 2 full course in Medha AI. Free in the app: the first chapter of each topic.

Read the full note in the app Indian Economy questions with answers

All Inflation and price indices notes · APPSC Group 2 syllabus · APPSC G2 Prelims Mock 1 with answers · Start free

Medha AI writes its own notes and checks them against the sources listed. Medha AI is an independent preparation service. It is not affiliated with, endorsed by or connected to APPSC, TSPSC, MPSC, UPSC or any other commission or government body.