In fiscal year 2023, the Wholesale Price Index for pharmaceuticals, medicinal, chemical and botanical products across India was nearly 141, indicating that the prices had increased by about 41 percent from the base year of 2012.
Wholesale Price Index of pharmaceutical, medicinal, chemical and botanical products across India from financial year 2013 to 2023
Characteristic
Wholesale Price Index
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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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Department for Promotion of Industry and Internal Trade (India). (July 4, 2023). Wholesale Price Index of pharmaceutical, medicinal, chemical and botanical products across India from financial year 2013 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/689106/wholesale-price-index-of-drugs-and-medicines-india/
Department for Promotion of Industry and Internal Trade (India). "Wholesale Price Index of pharmaceutical, medicinal, chemical and botanical products across India from financial year 2013 to 2023." Chart. July 4, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/689106/wholesale-price-index-of-drugs-and-medicines-india/
Department for Promotion of Industry and Internal Trade (India). (2023). Wholesale Price Index of pharmaceutical, medicinal, chemical and botanical products across India from financial year 2013 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/689106/wholesale-price-index-of-drugs-and-medicines-india/
Department for Promotion of Industry and Internal Trade (India). "Wholesale Price Index of Pharmaceutical, Medicinal, Chemical and Botanical Products across India from Financial Year 2013 to 2023." Statista, Statista Inc., 4 Jul 2023, https://www.statista.com/statistics/689106/wholesale-price-index-of-drugs-and-medicines-india/
Department for Promotion of Industry and Internal Trade (India), Wholesale Price Index of pharmaceutical, medicinal, chemical and botanical products across India from financial year 2013 to 2023 Statista, https://www.statista.com/statistics/689106/wholesale-price-index-of-drugs-and-medicines-india/ (last visited August 25, 2024)
Wholesale Price Index of pharmaceutical, medicinal, chemical and botanical products across India from financial year 2013 to 2023 [Graph], Department for Promotion of Industry and Internal Trade (India), July 4, 2023. [Online]. Available: https://www.statista.com/statistics/689106/wholesale-price-index-of-drugs-and-medicines-india/