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Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of April, 2012

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..... Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of April, 2012 - News and Press Release Dated:- 14-5-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 14-May-2012 11:51 IST The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month April, 2012 rose by 2.1 percent to 163.1 (Provisional) from 159.8 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 7.23% (Provisional) for the month of April, 2012 (over April, 2011) as compared to 6.89% (Provisional) for the previous month and 9.74% during the corresponding month of the previous year. Build up inflation in the financial year so far was 2.07% compared to a build up of 1.74% 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 4.7 percent to 215.9 (Provisional) from 206.3 (Provisional) for the .....

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..... previous 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 4.9 percent to 206.4 (Provisional) from 196.8 (Provisional) for the previous month due to higher prices of fruits vegetables (19%), barley (5%), tea (4%), masur, maize and bajra (3% each) and ragi and wheat (2% each) and fish-marine, gram, rice and milk (1% each). However, the prices of coffee (8%), egg (4%), condiments spices and poultry chicken (3% each), urad (2%) and pork (1%), arhar and jowar (1% each) declined. The index for Non-Food Articles group rose by 3.3 percent to 195.3 (Provisional) from 189.1 (Provisional) for the previous month due to higher prices of gaur seed (24%), soyabean (13%), gingelly seed (8%), raw silk and rape mustard seed (6% each), niger seed (5%), mesta, fodder and cotton seed (3% each), linseed, raw rubber, safflower and groundnut seed (2% each) and raw cotton and sunflower (1% each). However, the prices of flowers (12%), copra (5%), castor seed (4%) and raw jute (2%) declined. The index for Minerals group rose by 5.6 percent to 362.1 (Provisional) from 343.0 (Provisional) for the .....

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..... previous month due to higher prices of gypsum (18%), copper ore (12%), crude petroleum (9%), steatite (6%) and chromite, sillimanite and magnesite (1% each). However, the prices of zinc concentrate (5%), barytes (4%) and manganese ore and iron ore (2% each) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 1.8 percent to 177.1 (Provisional) from 174.0 (Provisional) for the previous month due to higher prices of non-coking coal (33%), furnace oil and aviation turbine fuel (4% each), naphtha (3%), light diesel oil (2%) and lpg (1%). However, the prices of coking coal (4%) and bitumen (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 1.0 percent to 143.6 (Provisional) from 142.2 (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 1.3 percent to 155.7 (Provisional) from 153.7 (Provisional) for the previous month due to higher prices of tea leaf (blended) (9%), rice bran oil, oil cakes and groundnut oil (4% each), gingelly oil, gur and mustard rapeseed oil (3% each), soy .....

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..... abean oil, palm oil, sooji, gola and tea leaf (unblended) (2% each) and sugar confectionary, cotton seed oil, khandsari, sunflower oil, maida, mixed spices and ghee (1% each). However, the prices of processed prawn (5%), copra oil (4%), coffee powder and tea dust (blended) (2% each) and tea dust (unblended) and canned fish (1% each) declined. The index for Beverages, Tobacco Tobacco Products group rose by 1.6 percent to 169.8 (Provisional) from 167.2 (Provisional) for the previous month due to higher prices of cigarette (5%), zarda (2%) and bidi and dried tobacco (1% each). The index for Textiles group rose by 0.2 percent to 128.2 (Provisional) from 128.0 (Provisional) for the previous month due to higher prices of gunny and hessian cloth, jute sacking bag and cotton yarn (1% each). However, the prices of tyre cord fabric (2%) declined. The index for Wood Wood Products group rose by 1.6 percent to 165.2 (Provisional) from 162.6 (Provisional) for the previous month due to higher prices of timber / wooden planks (5%). The index for Paper Paper Products group declined by 0.5 percent to 132.6 (Provisional) from 133.2 (Provisional) for the previous month due to .....

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..... lower prices of newspaper (9%) and books/ periodicals/ journals (2%). However, the prices of paper rolls (2%) and corrugated sheet boxes, maplitho paper, printing and writing paper and laminated paper (1% each) moved up. The index for Leather Leather Products group rose by 0.6 percent to 132.0 (Provisional) from 131.2 (Provisional) for the previous month due to higher prices of leathers and leather footwear (1% each). The index for Rubber Plastic Products group rose by 0.6 percent to 135.3 (Provisional) from 134.5 (Provisional) for the previous month due to higher prices of plastic products (1%). The index for Chemicals Chemical Products group rose by 0.5 percent to 139.6 (Provisional) from 138.9 (Provisional) for the previous month due to higher prices of paints (4%), antacid and digestive preparations and synthetic resin (3% each), washing soap and polymers (2% each) and photographic goods, organic manure, glycol, washing powder, toilet soap, hair / body oils, antibiotics, di ammonium phosphate, ayurvedic medicines, explosives and pigment pigment intermediates (1% each). However, the prices of adhesive gum and basic organic chemicals (1% each) declined .....

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..... . The index for Non-Metallic Mineral Products group rose by 2.3 percent to 160.3 (Provisional) from 156.7 (Provisional) for the previous month due to higher prices of grey cement and asbestos corrugated sheet (4% each) and railway sleeper, white cement, lime and marbles (1% each). The index for Basic Metals, Alloys Metal Products group rose by 1.8 percent to 165.3 (Provisional) from 162.4 (Provisional) for the previous month due to higher prices of crc (9%), angles and wire rods (5% each), rounds and billets (4% each), joist beams and rebars (3% each), plates, melting scrap, pencil ingots, gp/gc sheets, sponge iron, copper products (other than wire), ferro manganese and hrc (2% each) and iron steel wire, slab, nuts/bolts/screw/ washers, ferro chrome, pressure cooker, metal containers, steel: pipes tubes, gold gold ornaments, sheets, copper wire (all types), pig iron, steel rods and aluminium (1% each). However, the prices of copper / copper ingots, silver and iron castings (1% each) declined. The index for Machinery Machine Tools group rose by 0.3 percent to 126.4 (Provisional) from 126.0 (Provisional) for the previous month due to higher prices of .....

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..... control equipments (6%), loader and ball/roller bearing (3% each), fibre optic cable (2%) and machine tools, compressors, fans, transformer, magnets, electric switches and pump assembly (1% each). However, the prices of microwave oven (3%), earth moving machinery (2%) and lamps, electrical pumps, industrial valves and battery dry cells (1% each) declined. The index for Transport, Equipment Parts group rose by 0.5 percent to 126.8 (Provisional) from 126.2 (Provisional) for the previous month due to higher prices of tractors and motor cycle / scooter / moped (2% each) and motor vehicles and auto parts (1% each). However, the prices of bus / mini bus / truck (1%) declined. FINAL INDEX FOR THE MONTH OF FEBRUARY, 2012 (BASE YEAR: 2004-05=100) For the month of February, 2012 the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 159.0 as compared to 158.4 (Provisional) and annual rate of inflation based on final index stood at 7.36 percent as compared to 6.95 percent (Provisional) reported on 14.03.2012. Next date of press release: 14/06/2012 for the month of May, 2012 Annexure-I Wholesale Price Index and Rates of Inflati .....

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..... on (Base Year: 2004-05=100) Month of April, 2012 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Apr., 2012 Latest month over month Build up from March Year on year 2011-12 2012-13 2011-12 2012-13 2011-12 2012-13 ALL COMMODITIES 100.00000 163.1 1.74 2.07 1.74 2.07 9.74 7.23 PRIMARY ARTICLES 20.11815 215.9 4.57 4.65 4.57 4.65 15.09 9.71 Food Articles 14.33709 206.4 4.36 4.88 4.36 4.88 10.66 10.49 Cereals 3.37323 182.5 0.12 1.45 0.12 1.45 4.42 5.80 Rice 1.79348 176.8 0.18 1.09 0.18 1.09 2.32 5.68 Wheat 1.11595 174.7 -2.25 1.63 -2.25 1.63 0.18 3.25 Pulses 0.71662 211.0 -0.73 0.38 -0.73 0.38 -6.37 11.29 Vegetables .....

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..... 1.73553 236.3 2.44 26.30 2.44 26.30 2.02 60.97 Potato 0.20150 167.4 2.06 40.32 2.06 40.32 -1.09 53.44 Onion 0.17794 137.9 -12.40 1.62 -12.40 1.62 6.01 -12.11 Fruits 2.10717 197.0 26.12 11.80 26.12 11.80 44.44 -15.34 Milk 3.23818 202.6 0.46 0.65 0.46 0.65 2.87 15.51 Egg, Meat Fish 2.41384 229.8 0.05 -0.09 0.05 -0.09 11.14 17.54 Non-Food Articles 4.25756 195.3 0.42 3.28 0.42 3.28 26.86 1.61 Fibres 0.87737 197.2 0.74 1.34 0.74 1.34 87.22 -30.98 Oil Seeds 1.78051 177.9 0.99 4.46 0.99 4.46 10.03 16.66 Minerals 1.52350 362.1 13.79 5.57 13.79 5.57 23.57 19.27 FUEL POWER 14.91021 177.1 1. .....

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..... 21 1.78 1.21 1.78 13.04 11.03 Liquefied petroleum gas 0.91468 148.9 0.00 1.09 0.00 1.09 11.31 15.52 Petrol 1.09015 177.7 0.00 0.00 0.00 0.00 21.81 12.04 High speed diesel 4.67020 167.8 0.00 0.00 0.00 0.00 5.49 9.24 MANUFACTURED PRODUCTS 64.97164 143.6 0.74 0.98 0.74 0.98 6.80 5.12 Food Products 9.97396 155.7 0.76 1.30 0.76 1.30 5.94 6.50 Sugar 1.73731 176.4 0.35 0.34 0.35 0.34 3.45 3.10 Edible Oils 3.04293 144.1 0.70 1.91 0.70 1.91 13.47 11.10 Beverages, Tobacco Tobacco Product 1.76247 169.8 0.39 1.56 0.39 1.56 7.71 9.48 Cotton Textiles 2.60526 141.9 1.68 0.21 1.68 0.21 31.08 -9.79 Man Made Textiles 2.20573 .....

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..... 120.4 0.66 0.25 0.66 0.25 11.83 -2.03 Wood Wood Products 0.58744 165.2 0.92 1.60 0.92 1.60 2.89 7.90 Paper Paper Products 2.03350 132.6 1.00 -0.45 1.00 -0.45 6.86 1.38 Leather Leather Products 0.83509 132.0 0.96 0.61 0.96 0.61 -0.16 4.18 Rubber Plastic Products 2.98697 135.3 0.38 0.59 0.38 0.59 9.52 1.35 Chemicals Chemical Products 12.01770 139.6 1.31 0.50 1.31 0.50 6.85 6.56 Non-Metallic Mineral Products 2.55597 160.3 0.40 2.30 0.40 2.30 3.62 7.66 Cement Lime 1.38646 166.9 0.39 3.66 0.39 3.66 1.78 8.17 Basic Metals Alloys Metal Product 10.74785 165.3 0.67 1.79 0.67 1.79 7.49 10.72 Iron Semis 1.56301 167.3 1.07 1.76 1.07 .....

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..... 1.76 12.36 17.98 Machinery Machine Tools 8.93148 126.4 0.49 0.32 0.49 0.32 2.82 2.02 Transport Equipment Parts 5.21282 126.8 0.16 0.48 0.16 0.48 2.08 3.43 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 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11 Nov-11 ALL COMMODITIES 100.00 7.23 6.89 7.36 6.89 7.74 9.46 PRIMARY ARTICLES 20.12 9.71 9.62 7.07 2.76 3.59 8.90 Food Articles 14.34 10.49 9.94 6.12 -0.68 0.79 8.32 Cereals 3.37 5.80 4.41 1.83 2.25 1.74 2.15 Rice 1.79 5.68 4.73 1.53 0.94 1.17 2.99 Wheat 1.12 .....

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..... 3.25 -0.69 -3.95 -3.42 -3.87 -4.86 Pulses 0.72 11.29 10.05 7.86 11.01 13.73 14.96 Vegetables 1.74 60.97 30.57 1.71 -43.74 -34.55 10.68 Potato 0.20 53.44 11.60 -2.22 -23.15 -35.39 -9.31 Onion 0.18 -12.11 -24.23 -48.66 -75.62 -61.62 -35.15 Fruits 2.11 -15.34 -4.50 -0.29 6.43 8.78 7.29 Milk 3.24 15.51 15.29 11.70 12.33 11.02 10.91 Egg, Meat Fish 2.41 17.54 17.71 20.00 18.27 13.10 11.40 Non-Food Articles 4.26 1.61 -1.20 -2.51 0.72 1.82 3.40 Fibres 0.88 -30.98 -31.38 -29.89 -15.04 -7.41 1.56 Oil Seeds 1.78 16.66 12.78 9.39 12.77 10.57 11.54 Minerals 1.52 19.27 28.56 32.31 30.73 25.79 22.53 .....

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..... FUEL POWER 14.91 11.03 10.41 13.55 14.61 14.98 15.48 Liquefied petroleum gas 0.91 15.52 14.27 14.27 14.27 14.27 14.27 Petrol 1.09 12.04 12.04 12.04 15.02 20.39 27.63 High speed diesel 4.67 9.24 9.24 9.24 9.24 9.24 9.24 MANUFACTURED PRODUCTS 64.97 5.12 4.87 5.82 6.71 7.64 8.17 Food Products 9.97 6.50 5.93 5.58 5.51 6.31 7.24 Sugar 1.74 3.10 3.11 4.07 2.54 4.69 6.18 Edible Oils 3.04 11.10 9.78 7.65 9.43 11.93 11.82 Beverages, Tobacco Tobacco Product 1.76 9.48 8.22 10.76 10.96 14.08 13.22 Cotton Textiles 2.61 -9.79 -8.47 -3.51 0.36 5.69 9.51 Man Made Textiles 2.21 -2.03 -1.64 -0.33 2.04 4.11 5.58 Wood Wood Products 0.59 .....

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..... 7.90 7.19 8.47 8.98 8.93 9.01 Paper Paper Products 2.03 1.38 2.86 3.20 4.27 5.25 5.25 Leather Leather Products 0.84 4.18 4.54 5.33 6.57 2.97 3.13 Rubber Plastic Products 2.99 1.35 1.13 2.21 3.31 4.94 5.29 Chemicals Chemical Products 12.02 6.56 7.42 7.99 9.45 9.90 9.98 Non-Metallic Mineral Products 2.56 7.66 5.66 6.91 8.11 8.64 8.28 Cement Lime 1.39 8.17 4.75 6.15 7.96 8.91 8.22 Basic Metals Alloys Metal Product 10.75 10.72 9.51 10.50 12.33 13.53 13.94 Iron Semis 1.56 17.98 17.18 15.96 19.21 24.52 24.00 Machinery Machine Tools 8.93 2.02 2.19 3.10 3.03 3.12 3.55 Transport Equipment Parts 5.21 3.43 3.10 3.45 3.29 4.50 4.68 .....

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..... DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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