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Wholesale price index (WPI)

(index)

Venezuela (Bolivarian Republic of) is the top country by wholesale price index in the world. As of 2016, wholesale price index in Venezuela (Bolivarian Republic of) was 4,005.1 index. The top 5 countries also includes Uruguay, Indonesia, Brazil, and Pakistan.

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What is wholesale price index?

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.