WPI composition & release date
Q. Which of the following statements is/are correct about WPI?
1. The Indian WPI figure was released weekly on every Thursday for all commodities.
2. Manufactured Products have highest weight in calculation of WPI.- Published on 15 Dec 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 2
- The practice of releasing weekly WPI figure is discontinued in 2012.
- Now WPI is released on monthly basis for all commodities.
- But for Primary Articles and Fuel Group it is released on every Thursday.
- Weight in WPI : Manufactured Products (64.97%), Primary Articles (20.12%), Fuel Group(14.91%).