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Inflation and Prices - Wholesale price index (WPI)


Indonesia is the top country by wholesale price index in the world. As of 2016, wholesale price index in Indonesia was 155.4 that accounts for 3.13 % of the world's wholesale price index. The top 5 countries (others are Brazil, South Africa, Pakistan, and Armenia) account for 14.59 % of it. The world's total wholesale price index was estimated at 4,963.76 in 2016.

Wholesale price index refers to a mix of agricultural and industrial goods at various stages of production and distribution, including import duties. The Laspeyres formula is generally used.