Components of the Wholesale Price Index in India

Recently I wrote about how food is the first thing that comes to mind when someone talks about inflation, so I thought it’d be a good idea to check out the various components of the Wholesale Price Index (WPI) in India, and see how much weightage food has in these calculations.

As you will see, food features twice in the index – once under primary articles, and then under manufactured products, and has got a sizeable influence on the index indeed.

Here are the different components along with their weightage in Wholesale Price Index (WPI).

Primary Articles
Food Articles 15.4025
Non Food Articles 6.1381
Minerals 0.4847
Sub Total 22.0253
Fuel, Power, Light & Lubricants
Coal Mining 1.7529
Mineral Oils 6.9896
Electricity 5.4837
Sub Total 14.2262
Manufactured Products
Food Products 11.5378
Beverages, Tobacco and Tobacco Products 1.3391
Textiles 9.7999
Wood and Wood Products 0.1731
Paper and Paper Products 2.0440
Leather and Leather Products 1.0193
Rubber and Plastic Products 2.3882
Chemicals and Chemical Products 11.9312
Non-Metallic Mineral Products 2.5159
Machinery and Machine Tools 8.3633
Transport Equipment and Parts 4.2948
Basic Metals and Alloys 8.3419
Sub Total 63.7485
Grand Total 100.00

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