Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 26th February, 2011 (07 Phalguna, 1932 Saka)

The WPI for the week ended 26^th February, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

PRIMARY ARTICLES (Weight 20.12%) 

The index for this major group declined by 0.6 percent to 186.1 (Provisional) from 187.2 (Provisional) for the previous week.

 The annual rate of inflation, calculated on point to point basis, stood at 13.96 percent (Provisional) for the week ended 26/02/2011 (over 27/02/2010) as compared to 14.85 percent (Provisional) for the previous week (ended 19/02/2011). 

 The groups and items for which the index showed variations during the week are as follows:-

 The index for 'Food Articles' group declined by 0.6 percent to 178.4 (Provisional) from 179.5  (Provisional) for the previous week due to lower prices of condiments & spices (7%), fruits & vegetables and masur (2% each) and rice, barley, moong, gram and arhar (1% each).  However, the prices of egg, fish-marine, bajra, fish-inland, poultry chicken and jowar (2% each) and maize, milk and tea (1% each) moved up.

 The index for 'Non-Food Articles' group declined by 0.8 percent to 185.3 (Provisional) from 186.8 (Provisional) for the previous week due to lower prices of flowers (19%), raw rubber (3%), raw silk (2%) and sunflower and raw jute (1% each).  However, the prices of castor seed (6%), niger seed (4%), copra and soyabean (2% each) and gaur seed, groundnut seed and fodder (1% each) moved up.

 The index for 'Minerals' group declined by 0.4 percent to 260.2 (Provisional) from 261.3 (Provisional) for the previous week due to lower prices of zinc concentrate (20%), steatite (10%) and copper ore (8%).  However, the prices of barytes (3%) and iron ore, chromite and sillimanite (1% each) moved up

 FUEL & POWER (Weight 14.91%)

 The index for this major group remained unchanged at its previous week's level of 152.4 (Provisional).

 The annual rate of inflation, calculated on point to point basis, stood at 9.48 percent (Provisional) for the week ended 26/02/2011 (over 27/02/2010) as compared to 12.56 percent (Provisional) for the previous week (ended 19/02/2011). 

 Build up inflation over the week, financial year end and over the year is given below for some important items.

 Next date of press release: 17/03/2011 for the week ending 05/03/2011

Wholesale Price Index and Rates of Inflation [Base Year: 2004-05]

DS/MRS

(Release ID :70797)