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 1 2012 2012 (1) This

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 7th January, 2011 (17 Pausha, 1933 Saka) .

19-1-2012
  • Contents

Press Information Bureau
Government of India
Ministry of Commerce & Industry

19-January-2012 11:58 IST

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 7th January, 2011 (17 Pausha, 1933 Saka)

The WPI for the week ended 7th January, 2012 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

 

PRIMARY ARTICLES (Weight 20.12%) 

The index for this major group rose by 0.3 percent to 199.1 (Provisional) from 198.6 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 2.47 percent (Provisional) for the week ended 07/01/2012 (over 08/01/2011) as compared to 0.51 percent (Provisional) for the previous week (ended 31/12/2011). 

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

The index for 'Food Articles' group rose by 0.1 percent to 190.9 (Provisional) from 190.8 (Provisional) for the previous week due to higher prices of jowar and maize (3% each), bajra, masur and poultry chicken (2% each) and barely, arhar, moong and fish-marine (1% each).  However, the prices of tea (2%) and egg and condiment & spices (1% each) declined.

The index for 'Non-Food Articles' group rose by 0.9 percent to 182.6 (Provisional) from 181.0  (Provisional) for the previous week due to higher prices of gaur seed (4%), flowers, rape & mustard seed, soyabean and niger seed (3% each), raw cotton (2%) and raw jute and linseed (1% each).  However, the prices of raw rubber (4%), sunflower (3%) and castor seed (1%) declined.

The index for 'Minerals ' group rose by 0.4 percent to 322.8 (Provisional) from 321.4 (Provisional) for the previous week due to higher prices of crude petroleum (1%).

FUEL & POWER (Weight 14.91%)

The index and annual rate of inflation calculated on point to point basis remained unchanged at their previous week’s level of 172.7 (Provisional) and 14.45 percent (Provisional) for the week ended 07/01/2012 (over 08/01/2011). The items for which the index showed variations are light diesel (+3%) and bitumen (+2%) and aviation turbine fuel (-1%).  

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.

 

Annexure-I

 

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

Week Ending 7th January, 2012 (Base: 2004-05)

Commodities/Major Groups/Groups/Sub-Groups

Weight

WPI Jan 07, 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

199.1

-1.67

0.25

16.63

5.68

17.76

2.47

12.91

Food Articles

14.34

190.9

-2.44

0.05

16.61

6.59

16.18

-0.42

9.97

Cereals

3.37

176.7

0.17

0.40

4.22

3.03

1.23

2.26

3.82

Rice

1.79

172.9

0.18

-0.12

4.54

3.66

3.65

1.41

3.33

Wheat

1.12

167.5

0.46

0.24

1.52

-1.82

-5.29

-3.57

-1.59

Pulses

0.72

213.8

0.48

0.09

-6.54

12.88

-15.68

14.27

-2.59

Vegetables

1.74

143.7

-9.46

-3.75

104.47

0.21

66.58

-45.81

13.70

Potato

0.20

98.1

-12.38

-1.90

26.40

-8.57

-17.75

-23.84

-3.17

Onion

0.18

165.2

-1.31

-3.84

328.57

-2.07

143.92

-75.42

21.19

Fruits

2.11

175.5

1.08

2.03

9.77

-5.80

15.92

10.03

19.65

Milk

3.24

200.1

-0.72

-0.10

5.28

15.00

13.97

11.48

10.03

Egg, Meat & Fish

2.41

227.8

-3.10

0.62

8.80

15.40

13.54

19.64

11.75

Non-Food Articles

4.26

182.6

0.34

0.88

19.06

-4.75

24.60

1.84

18.82

Fibres

0.88

208.8

-0.57

1.85

49.44

-27.25

51.03

-8.02

44.54

Oil Seeds

1.78

162.2

0.91

1.19

5.67

7.49

2.57

12.95

10.63

Minerals

1.52

322.8

0.00

0.44

12.35

21.08

16.21

24.06

22.50

Fuel & Power

14.91

172.7

0.00

0.00

7.71

9.37

11.53

14.45

13.03

Liquefied Petroleum Gas

0.91

147.3

0.00

0.00

14.99

14.27

14.99

14.27

13.90

Petrol

1.09

177.7

0.00

0.00

17.78

12.04

25.06

17.14

25.62

High Speed Diesel Oil

4.67

167.8

0.00

0.00

6.22

9.24

14.71

9.24

9.28

 

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

07-Jan-11

31-Dec-11

24-Dec-11

17-Dec-11

10-Dec-11

03-Dec-11

Primary Articles

20.12

2.47

0.51

0.10

2.70

3.78

5.48

Food Articles

14.34

-0.42

-2.90

-3.36

0.42

1.81

4.35

Cereals

3.37

2.26

2.03

1.97

2.15

1.68

1.85

Rice

1.79

1.41

1.70

1.46

1.82

1.46

2.04

Wheat

1.12

-3.57

-3.35

-3.41

-3.30

-4.21

-4.43

Pulses

0.72

14.27

14.72

13.85

14.07

14.22

11.76

Vegetables

1.74

-45.81

-49.03

-50.22

-36.02

-26.37

-12.28

Potato

0.20

-23.84

-31.97

-34.01

-33.76

-34.39

-33.28

Onion

0.18

-75.42

-74.77

-73.74

-59.04

-49.38

-46.03

Fruits

2.11

10.03

9.00

10.87

8.46

8.89

9.37

Milk

3.24

11.48

10.79

9.49

11.30

11.19

11.08

Egg, Meat & Fish

2.41

19.64

15.22

13.82

11.56

9.25

9.26

Non-Food Articles

4.26

1.84

1.29

0.85

0.28

1.37

2.12

Fibres

0.88

-8.02

-10.21

-8.45

-8.74

-6.82

-6.11

Oil Seeds

1.78

12.95

12.65

11.57

9.55

9.60

9.82

Minerals

1.52

24.06

23.52

23.00

23.00

21.35

19.06

Fuel & Power

14.91

14.45

14.45

14.60

14.37

15.24

15.24

Liquefied Petroleum Gas

0.92

14.27

14.27

14.27

14.27

14.27

14.27

Petrol

1.09

17.14

17.14

17.14

17.14

23.83

23.83

High Speed Diesel Oil

4.67

9.24

9.24

9.24

9.24

9.24

9.24

 

DS/GK

Quick Updates:Latest Updates