Wholesale price index (2010 = 100)
Definition: 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.
Description: The map below shows how Wholesale price index (2010 = 100) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Venezuela, with a value of 194.44. The country with the lowest value in the world is Philippines, with a value of 91.93.
Source: International Monetary Fund, International Financial Statistics and data files.
Statistical Concept and Methodology: Wholesale price indexes are based on the prices at the first commercial transaction of commodities that are important in a country's output or consumption. Prices are farm-gate for agricultural commodities and ex-factory for industrial goods. Preference is given to indexes with the broadest coverage of the economy.
Base Period: 2010