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Inflation and Prices - Wholesale price index (WPI)

(index)

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.