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Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 21st May, 2011 (31 Vaisakha, 1933 Saka)

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..... Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 21st May, 2011 (31 Vaisakha, 1933 Saka) - News and Press Release Dated:- 2-6-2011 - News - Press Information Bureau Government of India Ministry of Commerce Industry 02-June-2011 11:35 IST Wholesale Price Indices for Primary Articles and Fuel Power in India (Base: 2004-05 = 100) Review for the week ended 21st May, 2011 (31 Vaisakha, 1933 Saka) The WPI for the week ended 21st May, 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 0.4 percent to 191.7 (Provisional) from 192.4 (Provisional) for .....

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..... the previous week. The annual rate of inflation, calculated on point to point basis, stood at 10.87 percent (Provisional) for the week ended 21/05/2011 (over 22/05/2010) as compared to 11.60 percent (Provisional) for the previous week (ended 14/05/2011). The groups and items for which the index showed variations during the week are as follows:- The index for 'Food Articles' group declined by 0.2 percent to 186.3 (Provisional) from 186.7 (Provisional) for the previous week due to lower prices of poultry chicken (7%), barley (3%), fish-marine and maize (2% each) and arhar, urad, egg and fruits vegetables (1% each). However, the prices of bajra (3%), gram (2%) and milk, jowar and ragi (1% each) moved up. The index for 'Non-Food A .....

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..... rticles' group declined by 1.0 percent to 183.3 (Provisional) from 185.2 (Provisional) for the previous week due to lower prices of logs timber (34%), raw silk (7%), gingelly seed and gaur seed (5% each), raw rubber (3%), mesta (2%) and fodder, raw jute, sunflower and niger seed (1% each). However, the prices of rape mustard seed (3%), soyabean (2%) and castor seed (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group rose by 0.4 percent to 160.7 (Provisional) from 160.1 (Provisional) for the previous week due to higher prices of petrol (9%) and bitumen (4%). However, the prices of aviation turbine fuel (3%), naphtha (2%) and light diesel oil (1%) declined. The annual rate of inflation, calculated .....

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..... on point to point basis, stood at 12.54 percent (Provisional) for the week ended 21/05/2011 (over 22/05/2010) as compared to 12.11 percent (Provisional) for the previous week (ended 14/05/2011). 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: 09/06/2011 for the week ending 28/05/2011 Annexure-I Wholesale Price Index and Rates of Inflation [Base Year: 2004-05] Week Ending 21 st May, 2011 (Base: 2004-05) Commodities/Major Groups/Groups/Sub-Groups Weight WPI May 21, 2011 Latest week ov .....

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..... er 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 20.12 191.7 0.29 -0.36 3.78 1.75 20.40 10.87 16.34 Food Articles 14.34 186.3 0.23 -0.21 4.87 4.02 21.15 8.06 13.76 Cereals 3.37 173.0 0.06 -0.17 -0.42 0.87 6.86 4.78 4.80 Rice 1.79 167.4 -0.12 -0.24 0.12 0.36 8.15 2.51 4.96 Wheat 1.12 167.4 0.24 -0.24 .....

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..... -1.40 -1.88 6.10 -0.77 1.85 Pulses 0.72 187.1 -0.19 0.11 2.95 -1.21 23.64 -9.22 -1.18 Vegetables 1.74 148.7 -0.60 -0.20 15.88 3.70 5.70 -1.06 12.14 Potato 0.20 118.4 2.89 0.51 18.74 10.34 -33.63 -2.15 -34.16 Onion 0.18 152.2 -3.63 -0.07 -13.58 -9.78 -15.89 12.32 31.59 Fruits 2.11 213.9 0.49 -0.93 12.80 14.81 22.31 30.51 21.51 Milk 3.24 184.0 0.00 1.43 0.82 5.75 .....

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..... 28.38 7.04 16.56 Egg, Meat Fish 2.41 195.7 0.76 -1.81 6.00 -0.86 45.83 5.50 20.61 Non-Food Articles 4.26 183.3 0.53 -1.03 0.33 -4.38 14.04 21.31 23.63 Fibres 0.88 244.8 2.41 -0.53 3.42 -14.70 16.46 55.82 50.24 Oil Seeds 1.78 154.9 -1.01 0.45 0.66 2.65 0.74 13.23 5.60 Minerals 1.52 266.6 0.00 0.00 2.98 0.00 27.88 11.78 21.33 Fuel Power 14.91 160.7 0.00 0.37 1.93 1.77 .....

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..... 14.24 12.54 12.11 Liquefied Petroleum Gas 0.91 128.9 0.00 0.00 3.30 0.00 3.76 11.31 13.69 Petrol 1.09 172.4 0.00 8.70 1.09 8.70 18.04 32.41 20.60 High Speed Diesel Oil 4.67 153.6 0.00 0.00 0.69 0.00 15.83 5.49 12.50 Annexure-I 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 21-May-11 14-May-11 07-May-11 30-Apr-11 23-Apr-11 .....

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..... 16-Apr-11 Primary Articles 20.12 10.87 11.60 10.94 11.96 12.11 12.08 Food Articles 14.34 8.06 8.55 7.47 7.70 8.53 8.76 Cereals 3.37 4.78 5.03 4.79 4.54 4.42 4.49 Rice 1.79 2.51 2.63 2.51 2.08 2.08 2.08 Wheat 1.12 -0.77 -0.30 -0.06 0.06 0.06 0.48 Pulses 0.72 -9.22 -9.49 -8.87 -9.05 -7.39 -6.49 Vegetables 1.74 -1.06 -1.46 -3.61 -3.64 3.44 -0.21 Potato 0.20 -2.15 0. .....

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..... 17 1.99 -3.58 0.27 -1.61 Onion 0.18 12.32 8.32 10.53 12.42 16.09 10.96 Fruits 2.11 30.51 32.37 30.58 35.43 32.69 28.43 Milk 3.24 7.04 5.53 4.65 4.30 5.16 5.10 Egg, Meat Fish 2.41 5.50 8.26 5.67 4.62 5.13 12.14 Non-Food Articles 4.26 21.31 23.22 23.82 28.62 27.84 26.48 Fibres 0.88 55.82 60.43 61.94 85.84 85.58 84.96 Oil Seeds 1.78 13.23 11.58 11.38 10.45 10.02 9.04 .....

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..... Minerals 1.52 11.78 11.78 11.95 11.95 8.67 8.67 Fuel Power 14.91 12.54 12.11 12.11 12.25 13.53 13.53 Liquefied Petroleum Gas 0.92 11.31 11.31 11.31 11.31 11.31 11.31 Petrol 1.09 32.41 21.81 21.81 21.81 21.81 21.81 High Speed Diesel Oil 4.67 5.49 5.49 5.49 5.49 5.49 5.49 DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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