Primer on General Wholesale Price Index (GWPI)

The general wholesale price index (GWPI) is an indicator designed to measure the changes in the price levels of commodities that flow into the wholesale trade intermediaries. Wholesale price refers to the price of commodity transacted in bulk for further resale or processing. It is the actual “spot” transaction price received usually by the wholesalers, distributors or marketing agents for large lots but net of discounts, allowances and rebates. It is the sum of the producer price, wholesale trade margin, tax mark-ups and distribution cost of the wholesaler.

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PDF PDF icon Primer on General Wholesale Price Index (GWPI)
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