Wholesale Price Index of rubber products India FY 2013-2023

Published by
Shangliao Sun,
Jul 4, 2023
In fiscal year 2023, the Wholesale Price Index for rubber products stood at 106.4, indicating that the prices for these commodities had increased by about six percent from the base year of 2012. One of the reasons for the decrease in prices in the previous years was the exemptions on Goods and Services Tax for rubber and tire products.

Wholesale Price Index of rubber products across India from financial year 2013 to 2023

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Release date

July 2023

Region

India

Survey time period

FY 2013 to FY 2023

Special properties

Base year FY 2012 = 100

Supplementary notes

The Wholesale Price Index or WPI determines the price of wholesale goods, focusing on trade between corporations rather than goods bought by consumers. WPI monitors the movements of supply and demand in industry, manufacturing and construction.

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

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