9911796707
TMI BlogIndex Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of July, 2011X X X X Extracts X X X X X X X X Extracts X X X X ..... Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of July, 2011 - News and Press Release Dated:- 16-8-2011 - News - Press Information Bureau Government of India Ministry of Commerce Industry 16-August-2011 11:53 IST The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month July, 2011 rose by 0.7 percent to 154.0 (Provisional) from 153.0 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 9.22% (Provisional) for the month of July, 2011 (over July, 2010) as compared to 9.44% (Provisional) for the previous month and 9.98% during the corresponding month of the previous year. Build up inflation in the financial year so far was 3.01% compared to a build up of 3.45% in the corresponding period of the previous year. Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II. The movement of the index for the various commodity groups is summarized below:- PRIMARY ARTICLES (Weight 20.12%) The index for this major group rose by 0.2 percent to 197.9 (Provisional) from 197.5 (Provisional) for the previ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ous month. The groups and items for which the index showed variations during the month are as follows:- The index for Food Articles group rose by 1.4 percent to 192.8 (Provisional) from 190.1 (Provisional) for the previous month due to higher prices of coffee (15%), gram (8%), fish-inland (7%), ragi (6%), mutton (4%), fruits vegetables (3%), barley, bajra and rice (2% each) and wheat (1%). However, the prices of condiments spices (3%), urad, egg and arhar (2% each) and poultry chicken, masur and tea (1%) declined. The index for Non-Food Articles group declined by 3.0 percent to 175.8 (Provisional) from 181.3 (Provisional) for the previous month due to lower prices of raw cotton (12%), flowers (7%), raw rubber (6%), copra (4%), soyabean and mesta (3% each) and raw jute (2%). However, the prices of gaur seed (20%), niger seed (16%), linseed (11%), coir fibre (8%), sunflower (6%), gingelly seed (5%), safflower (4%), castor seed (3%) and rape mustard seed, cotton seed, groundnut seed and raw silk (1% each) moved up. The index for Minerals group declined by 1.5 percent to 307.7 (Provisional) from 312.5 (Provisional) for the previous month due to lower prices of zinc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... concentrate (28%), limestone (7%), barytes (5%), steatite and iron ore (4% each) and sillimanite and crude petroleum (1% each). However, the prices of bauxite (7%), magnesite (5%), chromite (4 %) and copper ore (3%) moved up. FUEL POWER (Weight 14.91%) The index for this major group rose by 2.5 percent to 165.6 (Provisional) from 161.6 (Provisional) for the previous month due to higher prices of kerosene (13%), LPG (11%) and high speed diesel (7%). However, the prices of bitumen (6%), furnace oil (4%), naphtha and light diesel oil (3% each) and aviation turbine fuel (2%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.3 percent to 137.7 (Provisional) from 137.3 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:- The index for Food Products group rose by 0.7 percent to 149.5 (Provisional) from 148.4 (Provisional) for the previous month due to higher prices of coffee powder (20%), tea dust (blended) (5%), sugar confectionary and canned fish (4% each), mustard rapeseed oil (3%), tea leaf (unblended), groundnut oil and sugar (2% ea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch) and oil cakes, rice bran oil, ghee, bakery products, soyabean oil, gur and sooji ( rawa ) (1% each). However, the prices of mixed spices and vanaspati (3% each) and gingelly oil and copra oil (1% each) declined. The index for Beverages, Tobacco Tobacco Products group rose by 0.7 percent to 161.8 (Provisional) from 160.6 (Provisional) for the previous month due to higher prices of bidi (5%) and rectified spirit (2%). However, the prices of soft drinks carbonated water (3%), dried tobacco (2%) and chewing tobacco (scented or not) (1%) declined. The index for Textiles group declined by 1.4 percent to 130.6 (Provisional) from 132.5 (Provisional) for the previous month due to lower prices of cotton yarn (6%), jute yarn (4%), jute sacking bag (2%) and tyre cord fabric, jute sacking cloth and gunny and hessian cloth (1% each). However, the prices of man made fabric (2%) and woollen textiles (1%) moved up. The index for Wood Wood Products group rose by 2.7 percent to 161.6 (Provisional) from 157.3 (Provisional) for the previous month due to higher prices of plywood fibre board (5%) and processed wood (2%). The index for Paper Paper Products group rose by 1. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 percent to 132.4 (Provisional) from 130.8 (Provisional) for the previous month due to higher prices of card board (14%), paper rolls (10%), corrugated sheet boxes (5%) and books/ periodicals/ journals (2%). However, the prices of paper cartons / boxes (2%) and cream laid woven paper and maplitho paper (1% each) declined. The index for Leather Leather Products group rose by 2.3 percent to 130.1 (Provisional) from 127.2 (Provisional) for the previous month due to higher prices of leather garments jackets and leather footwear (3% each) and leathers (1%). The index for Rubber Plastic Products group rose by 0.5 percent to 133.2 (Provisional) from 132.6 (Provisional) for the previous month due to higher prices of tubes (3%) and rubber products and tyres (1% each). The index for Chemicals Chemical Products group rose by 0.3 percent to 131.8 (Provisional) from 131.4 (Provisional) for the previous month due to higher prices of photographic goods (5%), distemper (4%), organic manure and washing soap (3% each), basic inorganic chemicals, adhesive gum and di ammonium phosphate (2% each) and urea, thermocol, dye dye intermediates, explosives, ammonium sulphate, rubbe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r chemicals, ayurvedic medicines, agarbattis, washing powder and pesticides (1% each). However, the prices of thinner (13%), paints (5%), non-cyclic compound (4%), turpentine oil and synthetic resin (2% each) and lacquer varnishes and safety matches/ match box (1 % each) declined. The index for Non-Metallic Mineral Products group rose by 0.4 percent to 149.9 (Provisional) from 149.3 (Provisional) for the previous month due to higher prices of white cement (5%), asbestos corrugated sheet and bricks tiles (3% each) and slag cement and polished granite (1% each). However, the prices of railway sleeper and grey cement (1% each) declined. The index for Basic Metals, Alloys Metal Products group rose by 0.3 percent to 151.0 (Provisional) from 150.6 (Provisional) for the previous month due to higher prices of sponge iron (5%), steel castings (4%) and iron castings, copper products (other than wire), rebars, pig iron, nuts/bolts/screw/ washers and gp/gc sheets (1% each). However, the prices of chromium / chrome (17%), iron steel wire (2%) and pipes/tubes/rods/strips, sheets, melting scrap and ferro manganese (1% each) declined. The index for Machinery Machine T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ools group declined by 0.1 percent to 123.8 (Provisional) from 123.9 (Provisional) for the previous month due to lower prices of earth moving machinery and capacitors (5% each), hydraulic equipment and pump assembly (4% each), ball/roller bearing (2%) and microwave oven, fluorescent tubes and pvc insulated cable (1% each). However, the prices of conductor (4%), rubber machinery (3%), material handling equipments (2%) and grinding /wet coffee machinery, electric switches, air conditioner refrigerators, plastic machinery, fibre optic cable, computers and batteries (1% each) moved up. The index for Transport, Equipment Parts group rose by 0.9 percent to 123.9 (Provisional) from 122.8 (Provisional) for the previous month due to higher prices of motor vehicles (5%), bi-cycles (2%) and auto rickshaw / tempo / matador (1%). However, the prices of bus / mini bus / truck (5%) and railway brake gear (1%) declined. FINAL INDEX FOR THE MONTH OF MAY, 2011 (BASE YEAR: 2004-05=100) For the month of May, 2011 the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 152.4 as compared to 151.7 (Provisional) and annual rate of inflation based on fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal index stood at 9.56 percent as compared to 9.06 percent (Provisional) reported on 14.07.2011. Next date of press release: 14/09/2011 for the month of August, 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=100) Month of July, 2011 Commodities/Major Groups/Groups/Sub-Groups Weight WPI July, 2011 Latest month over month Build up from March Year on year 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 ALL COMMODITIES 100.00000 154.0 0.86 0.65 3.45 3.01 9.98 9.22 PRIMARY ARTICLES 20.11815 197.9 1.02 0.20 7.17 5.15 19.09 11.30 Food Articles 14.33709 192.8 1.60 1.42 8.92 7.71 18.48 8.19 Cereals 3.37323 176.3 0.66 1.32 0.54 2.32 8.35 5.32 Rice 1.79348 170.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.97 1.55 1.59 1.80 9.58 2.47 Wheat 1.11595 171.0 -0.59 1.36 -2.89 -1.21 6.54 1.91 Pulses 0.71662 190.5 -0.48 2.04 3.47 -0.26 14.40 -7.43 Vegetables 1.73553 185.2 -1.77 14.39 30.30 29.24 -3.64 7.67 Potato 0.20150 142.0 6.70 14.15 26.85 32.83 -42.54 6.21 Onion 0.17794 200.6 5.19 15.75 -7.76 12.00 -7.49 26.96 Fruits 2.10717 196.5 4.92 -4.47 17.24 6.50 32.43 15.11 Milk 3.23818 193.4 1.57 0.00 4.43 10.77 26.06 10.77 Egg, Meat Fish 2.41384 205.6 2.12 1.83 9.36 5.22 31.42 9.25 Non-Food Articles 4.25756 175.8 -0.46 -3.03 1.26 -8.15 15.30 15.51 Fibres 0.87737 203.7 -0.32 -10.11 3.97 -28.17 16.20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 29.66 Oil Seeds 1.78051 156.3 -0.44 0.26 0.66 3.51 2.24 14.00 Minerals 1.52350 307.7 0.04 -1.54 6.26 15.33 31.60 25.03 FUEL POWER 14.91021 165.6 3.21 2.48 5.50 5.08 13.26 12.04 Liquefied petroleum gas 0.91468 147.7 8.23 10.55 14.99 14.58 15.30 14.58 Petrol 1.09015 172.4 5.98 0.00 8.62 8.70 15.33 23.23 High speed diesel 4.67020 167.8 4.14 6.81 6.15 9.24 14.64 9.32 MANUFACTURED PRODUCTS 64.97164 137.7 0.23 0.29 1.51 1.55 5.78 7.49 Food Products 9.97396 149.5 1.61 0.74 -1.91 3.03 7.34 7.55 Sugar 1.73731 170.2 5.67 1.67 -10.62 -0.18 14.92 3.72 Edible Oils 3.04293 132.9 1.13 0.08 2.19 3.18 2.28 14.08 Beverages, Toba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cco Tobacco Product 1.76247 161.8 -0.07 0.75 1.20 4.72 7.32 12.60 Cotton Textiles 2.60526 148.6 -0.08 -3.38 4.39 -3.94 14.54 22.51 Man Made Textiles 2.20573 120.6 2.01 0.25 3.14 -1.23 9.93 7.87 Wood Wood Products 0.58744 161.6 0.61 2.73 0.89 6.53 4.90 9.41 Paper Paper Products 2.03350 132.4 1.15 1.22 3.26 2.24 4.58 7.29 Leather Leather Products 0.83509 130.1 0.70 2.28 1.02 3.67 0.00 1.09 Rubber Plastic Products 2.98697 133.2 0.57 0.45 2.83 0.15 5.01 7.68 Chemicals Chemical Products 12.01770 131.8 -0.25 0.30 1.41 1.93 4.36 7.94 Non-Metallic Mineral Products 2.55597 149.9 1.26 0.40 1.47 1.08 3.05 3.31 Cement Lime 1.38646 154.1 2.13 -0.32 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.46 0.26 2.54 0.46 Basic Metals Alloys Metal Product 10.74785 151.0 -0.80 0.27 3.31 1.82 7.86 10.06 Iron Semis 1.56301 146.6 -0.16 1.10 -0.48 4.49 5.39 18.99 Machinery Machine Tools 8.93148 123.8 0.08 -0.08 0.84 0.41 2.29 2.74 Transport Equipment Parts 5.21282 123.9 0.17 0.90 1.95 1.23 3.79 2.91 Annexure-II Trend of Rate of Inflation for some important items during last six months Commodities/Major Groups/Groups/Sub-Groups Weight (%) Rate of Inflation for the last six months July-11 June-11 May-11 Apr-11 Mar-11 Feb-11 ALL COMMODITIES 100.00 9.22 9.44 9.56 9.74 9.68 9.54 PRIMARY ARTICLES 20.12 11.30 12.22 12.92 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 15.09 13.44 15.89 Food Articles 14.34 8.19 8.38 8.25 10.66 9.41 10.95 Cereals 3.37 5.32 4.63 5.76 4.42 3.48 3.43 Rice 1.79 2.47 1.89 3.79 2.32 2.27 3.84 Wheat 1.12 1.91 -0.06 -0.42 0.18 0.17 -1.28 Pulses 0.72 -7.43 -9.72 -9.21 -6.37 -3.97 -5.24 Vegetables 1.74 7.67 -7.54 -0.66 2.02 8.56 14.38 Potato 0.20 6.21 -0.72 0.08 -1.09 1.42 -10.86 Onion 0.18 26.96 15.38 8.13 6.01 4.55 5.17 Fruits 2.11 15.11 26.43 27.42 44.44 26.72 17.48 Milk 3.24 10.77 12.51 6.11 2.87 4.43 12.54 Egg, Meat Fish 2.41 9.25 9.55 6.59 11.14 13.54 12.74 Non-Food Articles 4.26 15.51 18.57 21.42 26.86 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.35 34.36 Fibres 0.88 29.66 43.78 56.90 87.22 87.69 89.23 Oil Seeds 1.78 14.00 13.22 12.06 10.03 10.87 7.90 Minerals 1.52 25.03 27.03 29.57 23.57 15.20 17.72 FUEL POWER 14.91 12.04 12.85 12.32 13.04 12.49 12.37 Liquefied petroleum gas 0.91 14.58 12.17 11.31 11.31 14.99 14.99 Petrol 1.09 23.23 30.61 27.31 21.81 23.14 28.73 High speed diesel 4.67 9.32 6.58 5.49 5.49 6.22 12.45 MANUFACTURED PRODUCTS 64.97 7.49 7.43 7.43 6.80 7.45 6.26 Food Products 9.97 7.55 8.48 7.85 5.94 2.40 0.00 Sugar 1.74 3.72 7.79 5.53 3.45 -7.14 -15.43 Edible Oils 3.04 14.08 15.28 15.47 13.47 12.98 13.01 Beverages, Tobacco Tobacco Product ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.76 12.60 11.68 9.74 7.71 8.80 8.60 Cotton Textiles 2.61 22.51 26.69 28.89 31.08 33.13 26.74 Man Made Textiles 2.21 7.87 9.76 10.45 11.83 12.64 13.60 Wood Wood Products 0.59 9.41 7.15 5.29 2.89 3.62 3.78 Paper Paper Products 2.03 7.29 7.21 7.88 6.86 8.37 7.10 Leather Leather Products 0.84 1.09 -0.47 -0.55 -0.16 -1.49 -1.20 Rubber Plastic Products 2.99 7.68 7.80 8.14 9.52 10.56 9.60 Chemicals Chemical Products 12.02 7.94 7.35 7.50 6.85 7.39 6.59 Non-Metallic Mineral Products 2.56 3.31 4.19 3.59 3.62 3.71 2.53 Cement Lime 1.39 0.46 2.93 2.04 1.78 1.65 0.47 Basic Metals Alloys Metal Product 10.75 10.06 8.89 8.36 7.49 11.67 11.14 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Iron Semis 1.56 18.99 17.50 15.02 12.36 13.33 14.30 Machinery Machine Tools 8.93 2.74 2.91 3.08 2.82 3.18 3.38 Transport Equipment Parts 5.21 2.91 2.16 1.42 2.08 3.64 2.96 *** DS - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
