https://www.taxtmi.com/news?id=73353 Wholesale price inflation rose to a record high in May, driven mainly by sharp increases in fuel and power costs and other energy-linked inputs. The government revised the wholesale price index base year to 2022-23, expanded the WPI basket, and released producer price indices for the first time, including services PPI for selected service sectors. The stated objective is to track output and input price movements and gradually replace WPI data with PPI in line with global practice. en-us Mon, 15 Jun 2026 16:01:04 +0530 Mon, 15 Jun 2026 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73353 Wholesale price inflation rose to a record high in May, driven mainly by sharp increases in fuel and power costs and other energy-linked inputs. The government revised the wholesale price index base year to 2022-23, expanded the WPI basket, and released producer price indices for the first time, including services PPI for selected service sectors. The stated objective is to track output and input price movements and gradually replace WPI data with PPI in line with global practice. News - Mon, 15 Jun 2026 16:01:04 +0530 https://www.taxtmi.com/news?id=73353