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WHOLESALE PRICES INDEX

Statistics Directorate    
Definition:
A measure that reflects changes in the prices paid for goods at various stages of distribution up to the point of retail. It can include prices of raw materials for intermediate and final consumption, prices of intermediate or unfinished goods, and prices of finished goods. The goods are usually valued at purchasers’ prices.

Context:
For some countries the name Producer price index replaced the name Wholesale price index in the 1970s or 1980s after a change in methodology. For some countries, the name Wholesale price index is used for historical reasons and in fact refers to a price index following the same methodology as for a Producer price index. (Producer Price Indices: Sources and Methods, OECD, Paris, 1994, page 7).

Source Publication:
ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Producer Price Index Manual: Theory and Practice, International Monetary Fund, Washington DC.

Cross References:
Producer price index

Hyperlink:
http://www.imf.org/external/np/sta/tegppi/index.htm

Statistical Theme: Prices and purchasing power partities

Created on Tuesday, September 25, 2001

Last updated on Monday, July 11, 2005