Centre to revise Wholesale Price Index base yr from 2011-12 to 2022-23

The Commerce and Industry Ministry said that the government has approved the revision of the base year of Wholesale Price Index (WPI) from 2011-12 to 2022-23. The revised WPI and new Producer Price Indices is scheduled to be released on June 15 at 12 pm. The total number of items in WPI basket has increased from 697 to 957.