Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 6 2011 2011 (6) This

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 28th May, 2011 (07 Jyaistha, 1933 Saka).

9-6-2011
  • Contents

Press Information Bureau
Government of India
Ministry of Commerce & Industry

09-June-2011 11:39 IST

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 28th May, 2011 (07 Jyaistha, 1933 Saka) 

The WPI for the week ended 28th May, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

PRIMARY ARTICLES (Weight 20.12%) 

The index for this major group rose by 0.5 percent to 192.7 (Provisional) from 191.7 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 11.52 percent (Provisional) for the week ended 28/05/2011 (over 29/05/2010) as compared to 10.87 percent (Provisional) for the previous week (ended 21/05/2011). 

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

The index for 'Food Articles' group rose by 0.6 percent to 187.5 (Provisional) from 186.3  (Provisional) for the previous week due to higher prices of tea (19%), pork and maize (4% each), jowar (3%), fish-inland (2%) and milk, egg, urad, barley, poultry chicken and wheat (1% each). However, the prices of ragi and arhar (2% each) and condiments & spices, bajra and masur (1% each) declined.

The index for 'Non-Food Articles' group rose by 0.4 percent to 184.0 (Provisional) from 183.3  (Provisional) for the previous week due to higher prices of flower (13%), linseed, rape & mustard seed and groundnut seed (2% each) and castor seed and cotton seed (1% each).  However, the prices of      raw silk (9%), gingelly seed (5%), sunflower (3%), copra (2%) and fodder, soyabean and raw jute (1% each) declined.

FUEL & POWER (Weight 14.91%) 

The index for this major group remained unchanged at its previous week's level of 160.7 (Provisional).

The annual rate of inflation, calculated on point to point basis, stood at 12.46 percent (Provisional) for the week ended 28/05/2011 (over 29/05/2010) as compared to 12.54 percent (Provisional) for the previous week (ended 21/05/2011). 

Build up inflation over the week, financial year end and over the year is given in Annexure-I for some important items. Trend of rate of inflation during last six weeks is also given for some important items in Annexure II.

Next date of press release: 16/06/2011 for the week ending 04/06/2011

This press release is available at our home page http://eaindustry.nic.in
Annexure-I

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

Week Ending 28th May, 2011 (Base: 2004-05)

Commodities/Major Groups/Groups/Sub-Groups

Weight

WPI May 28, 2011

Latest week over week

Build up from end March

Year on year

52 week Average

 

2010-11

2011-12

2010-11

2011-12

2010-11

2011-12

Primary Articles

20.12

192.7

-0.06

0.52

3.72

2.28

20.25

11.52

16.22

Food Articles

14.34

187.5

-0.23

0.64

4.62

4.69

20.62

9.01

13.60

Cereals

3.37

174.2

-0.24

0.69

-0.66

1.57

6.46

5.77

4.79

Rice

1.79

167.8

0.06

0.24

0.18

0.60

8.00

2.69

4.86

Wheat

1.12

168.4

-1.07

0.60

-2.45

-1.29

5.10

0.90

1.80

Pulses

0.72

187.0

0.24

-0.05

3.20

-1.27

24.38

-9.49

-1.76

Vegetables

1.74

149.5

-0.33

0.54

15.50

4.25

3.24

-0.20

12.08

Potato

0.20

118.3

0.66

-0.08

19.53

10.25

-30.52

-2.87

-33.88

Onion

0.18

155.3

0.52

2.04

-13.14

-7.94

-16.08

14.02

32.10

Fruits

2.11

213.3

-0.49

-0.28

12.25

14.49

24.60

30.78

22.17

Milk

3.24

186.5

0.00

1.36

0.82

7.18

28.38

8.49

16.15

Egg, Meat & Fish

2.41

197.4

-0.54

0.87

5.43

0.00

43.58

6.99

19.94

Non-Food Articles

4.26

184.0

0.66

0.38

1.00

-4.02

15.14

20.97

23.74

Fibres

0.88

243.3

-1.08

-0.61

2.30

-15.23

15.54

56.56

51.08

Oil Seeds

1.78

155.1

-0.07

0.13

0.59

2.78

1.18

13.46

5.83

Minerals

1.52

266.6

-0.29

0.00

2.68

0.00

27.51

12.11

21.10

Fuel & Power

14.91

160.7

0.07

0.00

2.00

1.77

14.32

12.46

12.07

Liquefied Petroleum Gas

0.91

128.9

0.00

0.00

3.30

0.00

3.76

11.31

13.83

Petrol

1.09

172.4

-0.61

0.00

0.47

8.70

17.32

33.23

20.92

High Speed Diesel Oil

4.67

153.6

-0.14

0.00

0.55

0.00

15.67

5.64

12.30


Annexure-II

Trend of Rate of Inflation for some important items during last six weeks

Commodities/Major Groups/Groups/Sub-Groups

Weight (%)

Rate of Inflation for the week ending

28-May-11

21-May-11

14-May-11

07-May-11

30-Apr-11

23-Apr-11

Primary Articles

20.12

11.52

10.87

11.60

10.94

11.96

12.11

Food Articles

14.34

9.01

8.06

8.55

7.47

7.70

8.53

Cereals

3.37

5.77

4.78

5.03

4.79

4.54

4.42

Rice

1.79

2.69

2.51

2.63

2.51

2.08

2.08

Wheat

1.12

0.90

-0.77

-0.30

-0.06

0.06

0.06

Pulses

0.72

-9.49

-9.22

-9.49

-8.87

-9.05

-7.39

Vegetables

1.74

-0.20

-1.06

-1.46

-3.61

-3.64

3.44

Potato

0.20

-2.87

-2.15

0.17

1.99

-3.58

0.27

Onion

0.18

14.02

12.32

8.32

10.53

12.42

16.09

Fruits

2.11

30.78

30.51

32.37

30.58

35.43

32.69

Milk

3.24

8.49

7.04

5.53

4.65

4.30

5.16

Egg, Meat & Fish

2.41

6.99

5.50

8.26

5.67

4.62

5.13

Non-Food Articles

4.26

20.97

21.31

23.22

23.82

28.62

27.84

Fibres

0.88

56.56

55.82

60.43

61.94

85.84

85.58

Oil Seeds

1.78

13.46

13.23

11.58

11.38

10.45

10.02

Minerals

1.52

12.11

11.78

11.78

11.95

11.95

8.67

Fuel & Power

14.91

12.46

12.54

12.11

12.11

12.25

13.53

Liquefied Petroleum Gas

0.92

11.31

11.31

11.31

11.31

11.31

11.31

Petrol

1.09

33.23

32.41

21.81

21.81

21.81

21.81

High Speed Diesel Oil

4.67

5.64

5.49

5.49

5.49

5.49

5.49

 

DS/GK

Quick Updates:Latest Updates