wholesale price index

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Definitions from WordNet

Noun wholesale price index has 1 sense

producer price index, wholesale price index - an index of changes in wholesale prices
--₁ is a kind of price index, price level

Definitions from the Web

Wholesale Price Index

The Wholesale Price Index (WPI) measures the changes in the average prices received by wholesalers for their goods. It is an important economic indicator used to track inflationary pressures in the economy.

Sample Sentences:

The Wholesale Price Index for the month of October rose by 2%, indicating an increase in wholesale prices.
The government closely monitors the Wholesale Price Index to formulate effective economic policies.
Businesses always consider the Wholesale Price Index while adjusting their pricing strategies.

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