New Wholesale Price Index series by December

New Wholesale Price Index series by December
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First Published: Mon, Jun 08 2009. 10 08 PM IST
Updated: Mon, Jun 08 2009. 10 08 PM IST
New Delhi: The government is likely to introduce a new weekly Wholesale Price Index (WPI) by December, a senior government official said on Monday.
The government was earlier planning to shift to a monthly WPI series, which looks unlikely now.
The proposal for a monthly WPI index was put before the last government but finance minister Pranab Mukherjee had directed to maintain the status quo, the official said.
“It is highly unlikely that he (Mukherjee) will take a different view on the monthly WPI proposal,” the official said.
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First Published: Mon, Jun 08 2009. 10 08 PM IST