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Metadata Glossary

CodeFP.WPI.TOTL
Indicator NameWholesale price index (2010 = 100)
Long definitionWholesale price index refers to a mix of agricultural and industrial goods at various stages of production and distribution, including import duties. The Laspeyres formula is generally used.
SourceInternational Monetary Fund, International Financial Statistics and data files.
TopicFinancial Sector: Exchange rates & prices
PeriodicityAnnual
Base Period2010
Statistical concept and methodologyWholesale price indexes are based on the prices at the first commercial transaction of commodities that are important in a country's output or consumption. Prices are farm-gate for agricultural commodities and ex-factory for industrial goods. Preference is given to indexes with the broadest coverage of the economy.
License URLhttps://datacatalog.worldbank.org/public-licenses#cc-by
License TypeCC BY-4.0
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