https://www.taxtmi.com/news?id=18590 Revision of the Wholesale Price Index base year aligns the index with other macroeconomic series and updates its methodology: the basket and weighting structure were revised, the item count and price quotations increased, indirect taxes were removed to approximate a Producer Price Index, a new Food Index was introduced, seasonality for fruits and vegetables was extended, item-level aggregation now uses Geometric Mean, and data collection was modernized with online submission and computer-assisted interviewing. en-us Fri, 04 Aug 2017 17:57:37 +0530 Fri, 04 Aug 2017 17:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18590 Revision of the Wholesale Price Index base year aligns the index with other macroeconomic series and updates its methodology: the basket and weighting structure were revised, the item count and price quotations increased, indirect taxes were removed to approximate a Producer Price Index, a new Food Index was introduced, seasonality for fruits and vegetables was extended, item-level aggregation now uses Geometric Mean, and data collection was modernized with online submission and computer-assisted interviewing. News - Fri, 04 Aug 2017 17:57:37 +0530 https://www.taxtmi.com/news?id=18590