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Dissemination Standards Bulletin Board Special Data Dissemination Standard (AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)   India Price index: Producer prices (Wholesale Price Index ) Last Posted: Jun-18-2008 Last Certified: Dec-31-2008 Last Updated: Jun-12-2008 Contact Person(s)          Printer Friendly Page   Mr M N Lothe, Senior Economic Advisor, Office of the Economic Adviser, Department of Industrial Policy and Promotion, Ministry of Industry, Udyog Bhavan, New Delhi, India 110011   Phone : 91 11 23062721   Fax : 91 11 23063502   Email : kpkannu@nic.in    Ms. Preeti Madan, Economic Advisor, Office of Economic Advisor, Department of Industrial Policy and Promotion, Ministry of Industry,   Phone : 91 11 23063502   Fax : 91 11 23062721   Email : preetim@nic.in  Dissemination Formats Summary Methodology Access National Summary Data Page Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics	5.1.1 Statistical presentation Data are disseminated on the wholesale price index (WPI), a fixed weight Lasperyre’s index (1993-94=100). The current series covers 98 primary articles, 19 fuel, power, light and lubricants items, and 318 manufactured products covering all important items transacted in the economy. The index is based on 1,918 quotations (455 for primary articles, 72 for fuel, power and light etc., and 1,391 for manufactured products). The price data are collected on a voluntary basis from official as well as non-official sources. As the data for certain aspects, such as agriculture, livestock products and fishing are compiled from consolidated data obtained from state governments, it is difficult to determine the number of establishments covered by the data. Prices are collected weekly and include excise taxes. The data are not seasonally adjusted.
Periodicity	4.1.1 Periodicity Weekly
Timeliness	4.1.2 Timeliness Within two weeks after the end of the reference week.
Access by the Public
Advance dissemination of release calendar	5.1.3 Advance release calendar An advance release calendar which gives one-quarter-ahead notice of the precise release dates is disseminated on the Internet on the IMF's Data Dissemination Bulletin Board (DSBB). A regular notice to this effect is published in the Press Note on Index Numbers of Wholesale Prices in India (Base: 1993-94 = 100).
Simultaneous release to all interested parties	5.1.4 Simultaneous release The data are released simultaneously to all interested parties by the Office of the Economic Adviser, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, issuing the press release Press Note on Index Numbers of Wholesale Prices in India (Base: 1993-94 = 100) to the media each Friday under embargo conditions. The index is released on radio, television and on the Internet (http://eaindustry.nic.in) and in the press.
Integrity
Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information	0.1.1 Responsibility for collecting, processing, and disseminating statistics Ministry of Industry   In accordance with the Government of India (Allocation of Business) Rules, 1961, as amended from time to time, it is the responsibility of the Office of the Economic Adviser in the Ministry of Commerce and Industry to compile and release the data on the wholesale price index Price index: Producer prices The statistical system is decentralized, with the respective ministries having responsibility for the statistics on the subjects under their charge. 0.1.3 Confidentiality of individual reporters' data Ministry of Industry   Although prices of goods in the index are published, individual reporter's prices are confidential. Price index: Producer prices individual reporter's prices are confidential. 0.4.1 Quality policy Ministry of Industry   The Minister in charge of the Ministry of Commerce and Industry is the final authority for all statistical policies relating to WPI. Under the terms of the Indian Constitution, the Minister is responsible to the Parliament. 1.1.1 Impartiality of statistics The technical aspects of the compilation of the index are supervised by a Working Group on Wholesale Price Index, constituted at the time of base year revision The Minister in charge of the Ministry of Commerce and Industry is the final authority for all statistical policies relating to WPI. Under the terms of the Indian Constitution, the Minister is responsible to the Parliament. 1.1.2 Selection of sources, methodology, and modes of dissemination Major changes in methodology (including changes in the base year and weights) are decided based on the recommendations of a Working Group consisting of subject-matter specialists, end-users and representatives of trade and industry, appointed from time to time. 1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination Ministry of Industry   The Government of India (Allocation of Business) Rules are published in Hindi and English and are available, for a fee, from book stores selling government publications or from: Controller of Publications, Civil Lines, Delhi - 110006, India. Phone: 91 11 2396 7689. Fax: 91 11 2396 7846. Price index: Producer prices The Government of India (Allocation of Business) Rules are published in Hindi and English and are available, for a fee, from book stores selling government publications or from: Controller of Publications, Civil Lines, Delhi - 110006, India. Phone: 91 11 2396 7689. Fax: 91 11 2396 7846.
Identification of internal government access to data before release	1.2.2 Internal governmental access to statistics prior to release Ministry of Industry   The data are made available to various government offices and to the public at the same time through the release of the Press Note. There is no internal government access to the data prior to their release to the public. Price index: Producer prices The data are made available to various government offices and to the public at the same time through the release of the Press Note. There is no internal government access to the data prior to their release to the public.
Identification of ministerial commentary on the occasion of statistical releases	1.2.3 Attribution of statistical products Ministry of Industry   A technical commentary prepared by the office of the Economic Advisor of the Ministry of Commerce and Industry, accompanies the release. There is no ministerial commentary. Price index: Producer prices A technical commentary prepared by the office of the Economic Advisor of the Ministry of Commerce and Industry, accompanies the release. There is no ministerial commentary.
Provision of information about revision and advance notice of major changes in methodology	4.3.1 Revision schedule The data are provisional when first released and are subject to revision. This status is indicated in the press release. The data become final eight weeks after the end of the reference week. 1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. Ministry of Industry   Major changes in methodology (including changes in the base year and weights) are decided based on the recommendations of a Working Group consisting of subject-matter specialists, end-users and representatives of trade and industry, appointed from time to time. Price index: Producer prices Information on changes in methodology, if any, are given at the time of the change in the monthly bulletin Index Numbers of Wholesale Prices in India. (Changes in methodology are normally based on the recommendations of a Working Group consisting of subject-matter specialists, end-users and representatives of trade and industry, who are appointed from time to time.)
Quality
Dissemination of documentation on methodology and sources used in preparing statistics	5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques Documentation on the methodology and data sources used in compiling the wholesale price index is available from the contact person. A brief note on methodology is also published in the monthly Index Numbers of Wholesale Prices in India and on the following website (http://eaindustry.nic.in). (See also summary methodology)
Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness
Footnotes Last posted: Date IMF staff last posted an update to these metadata on the DSBB. Last certified: Date subscriber last officially certified the accuracy of these metadata. Last updated: Date subscriber last submitted an update of these metadata to the IMF.