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

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..... Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of June, 2012 - News and Press Release Dated:- 16-7-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 16-July-2012 12:00 IST The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month June, 2012 rose by 0.2 percent to 164.2 (Provisional) from 163.9 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 7.25% (Provisional) for the month of June, 2012 (over June, 2011) as compared to 7.55% (Provisional) for the previous month and 9.51% during the corresponding month of the previous year. Build up inflation in the financial year so far was 1.99% compared to a build up of 2.41 % 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 0.1 percent to 216.4 (Provisional) from 216.1 (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 1.4 percent to 209.2 (Provisional) from 206.3 (Provisional) for the previous month due to higher prices of poultry chicken (7%), gram (6%), masur (4%), fruits vegetables, egg, arhar, rice and pork (2% each) and tea, milk, wheat and mutton (1% each).However, the prices of barley (6%), jowar, condiments spices and ragi (2% each) and moong and bajra (1% each) declined. The index for 'Non-Food Articles' group declined by 2.6 percent to 193.5 (Provisional) from 198.6 (Provisional) for the previous month due to lower prices of gaur seed (28%), logs timber (9%), gingelly seed (4%), raw rubber (3%), raw cotton (2%) and linseed, flowers and groundnut seed (1% each). However, the prices of raw jute (5%), niger seed and raw silk (4% each), soyabean (3%), sunflower (2%) and mesta, safflower, coir fibre and castor seed (1% each) moved up. The index for 'Minerals' group declined by 2.6 percent to 347.6 (Provisional) from 357.0 (Provisional) for the previous month due to lower prices of copper ore (16%), barytes (3%), crude petroleum .....

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..... (2%). However, the prices of magnesite (5%), manganese ore (4%), zinc concentrate (2%) and iron ore (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group declined by 0.4 percent to 178.2 (Provisional) from 178.9 (Provisional) for the previous month due to lower prices of light diesel oil (7%), aviation turbine fuel and furnace oil (6% each) and naphtha (4%). However, the prices of petrol (7%) moved up. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.3 percent to 144.8 (Provisional) from 144.3 (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 0.2 percent to 157.4 (Provisional) from 157.1 (Provisional) for the previous month due to higher prices of gur, tea dust (blended) and cotton seed oil (6% each), tea leaf (unblended) and processed prawn (3% each), gola (cattle feed) (2%) and palm oil, khandsari, oil cakes, rice bran oil, tea dust (unblended) and sunflower oil (1% each). However, the prices of wheat flour ( atta) and sooji ( rawa ) (3% each), tea leaf (blended) and gingelly .....

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..... oil (2% each) and soyabean oil, groundnut oil, mixed spices and bakery products (1 % each) declined. The index for 'Beverages, Tobacco Tobacco Products' group rose by 0.7 percent to 171.2 (Provisional) from 170.0 (Provisional) for the previous month due to higher prices of dried tobacco (3%), bidi (2%) and chewing tobacco (scented or not ) (1%). The index for 'Textiles' group rose by 0.7 percent to 130.1 (Provisional) from 129.2 (Provisional) for the previous month due to higher prices of jute yarn (3%) and man made fabric, jute sacking bag, man made fibre and cotton yarn (1% each). However, the prices of gunny and hessian cloth (1%) declined. The index for 'Paper Paper Products' group rose by 0.2 percent to 134.4 (Provisional) from 134.1 (Provisional) for the previous month due to higher prices of newsprint (2%). However, the prices of computer stationery (1%) declined. The index for 'Leather Leather Products' group rose by 0.4 percent to 133.1 (Provisional) from 132.6 (Provisional) for the previous month due to higher prices of leather footwear (1%). The index for 'Rubber Plastic Products' group rose by 0.3 percent to 135.8 (Provisional) from 135.4 (Provi .....

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..... sional) for the previous month due to higher prices of plastic/pvc pipes(3%) and polyester film (2%). The index for 'Chemicals Chemical Products' group rose by 0.4 percent to 141.3 (Provisional) from 140.7 (Provisional) for the previous month due to higher prices of explosives (6%), non-cyclic compound and basic inorganic chemicals (2% each) and di ammonium phosphate, dye dye intermediates, ammonium sulphate, safety matches/ match box, ayurvedic medicines, distemper, photographic goods, hair / body oils and pesticides (1% each). However, the prices of turpentine oil, basic organic chemicals, polymers and antacid and digestive preparations (1 % each) declined. The index for 'Non-Metallic Mineral Products' group declined by 0.2 percent to 159.9 (Provisional) from 160.2 (Provisional) for the previous month due to lower prices of railway sleeper, white cement and grey cement (1%). However, the prices of glass bottles bottleware and asbestos corrugated sheet (2% each) and bricks tiles and slag cement (1% each) moved up. The index for 'Basic Metals, Alloys Metal Products' group rose by 0.4 percent to 166.4 (Provisional) from 165.8 (Provisional) for the previous mont .....

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..... h due to higher prices of steel: pipes tubes (3%), gold gold ornaments, brass, rails and furniture (2% each) and pencil ingots, slab, pipes/tubes/rods/strips, ferro manganese and aluminium (1% each). However, the prices of melting scrap (2%) and angles, copper wire (all types), gp/gc sheets, wire rods and silver (1% each) declined. The index for 'Machinery Machine Tools' group rose by 0.3 percent to 127.0 (Provisional) from 126.6 (Provisional) for the previous month due to higher prices of electronic pcb /micro circuit (4%), insulators and microwave oven (3% each), electric motors, electric switch gears and air conditioner refrigerators (2% each) and boiler accessories, machine tools, lamps, electrical pumps and electric generators (1% each). However, the prices of thresher (5%), textile machinery (3%) and fluorescent tubes, electric switches and ball/roller bearing (1% each) declined. The index for 'Transport, Equipment Parts' group rose by 0.6 percent to 127.8 (Provisional) from 127.1 (Provisional) for the previous month due to higher prices of motor vehicles, parts of ships/boats etc. and auto parts (1% each). However, the prices of tractors (1%) declined. .....

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..... FINAL INDEX FOR THE MONTH OF APRIL , 2012 (BASE YEAR: 2004-05=100) For the month of April, 2012 the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 163.5 as compared to 163.1 (Provisional) and annual rate of inflation based on final index stood at 7.50 percent as compared to 7.23 percent (Provisional) reported on 14.05.2012. Next date of press release: 14/08/2012 for the month of July, 2012 Office of Economic Adviser, Ministry of Commerce Industry, New Delhi, Annexure-I Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of June, 2012 Commodities/Major Groups/Groups/Sub-Groups Weight WPI June., 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 164.2 0.46 0.18 2.41 1.99 9.51 7.25 PRIMARY ARTICLES 20.11815 216.4 0.51 0.14 4.09 4.14 11.31 10.46 .....

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..... Food Articles 14.33709 209.2 1.34 1.41 5.47 6.14 7.64 10.81 Cereals 3.37323 186.4 0.11 1.03 1.39 3.38 5.05 6.70 Rice 1.79348 181.6 -0.41 1.85 1.20 3.53 2.86 7.46 Wheat 1.11595 180.2 0.78 0.78 -2.54 4.71 -0.06 6.82 Pulses 0.71662 225.9 0.16 3.48 -1.83 7.42 -9.33 20.48 Vegetables 1.73553 243.8 9.27 8.84 14.31 28.32 -6.45 48.84 Potato 0.20150 221.4 6.51 11.42 17.77 74.88 0.48 75.85 Onion 0.17794 158.0 16.03 13.42 -2.62 16.18 16.11 -9.40 Fruits 2.10717 187.8 -6.16 -3.74 5.64 6.46 19.79 -3.64 Milk 3.23818 205.7 5.10 0.78 9.79 2.19 11.52 7.30 Egg, Meat Fish 2.41384 235.4 2.64 1.20 3.63 .....

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..... 2.62 9.88 16.25 Non-Food Articles 4.25756 193.5 -1.09 -2.57 -5.38 1.90 18.44 6.85 Fibres 0.87737 198.9 -5.87 -0.75 -19.64 2.16 44.61 -12.72 Oil Seeds 1.78051 184.2 0.71 0.16 2.91 7.53 12.85 18.53 Minerals 1.52350 347.6 -1.72 -2.63 13.79 -3.12 23.41 14.49 FUEL POWER 14.91021 178.2 0.75 -0.39 2.54 0.22 12.85 10.27 Liquefied petroleum gas 0.91468 148.7 3.65 0.00 3.65 0.95 12.17 11.30 Petrol 1.09015 195.0 4.17 6.62 8.70 9.74 30.61 13.11 High speed diesel 4.67020 167.8 2.28 0.00 2.28 0.00 6.58 6.81 MANUFACTURED PRODUCTS 64.97164 144.8 0.36 0.35 1.70 1.54 7.90 5.00 Food Products 9.97396 157.4 0.34 0.19 2.55 2.14 8.77 .....

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..... 5.78 Sugar 1.73731 178.8 -1.71 0.17 -2.05 1.94 7.53 7.07 Edible Oils 3.04293 146.5 0.98 0.34 3.57 3.46 15.80 9.82 Beverages, Tobacco Tobacco Product 1.76247 171.2 2.66 0.71 4.79 1.72 12.59 5.74 Cotton Textiles 2.60526 143.5 -2.75 0.28 -1.55 1.56 25.45 -5.78 Man Made Textiles 2.20573 121.6 -0.74 0.66 -1.15 1.25 10.13 0.75 Wood Wood Products 0.58744 166.8 3.48 0.00 5.93 1.21 9.47 3.80 Paper Paper Products 2.03350 134.4 0.00 0.22 1.54 1.28 7.79 2.21 Leather Leather Products 0.83509 133.1 1.33 0.38 3.03 1.06 1.17 2.94 Rubber Plastic Products 2.98697 135.8 0.00 0.30 -0.08 0.89 8.05 2.18 Chemicals Chemical Products 12.01770 141.3 0.30 .....

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..... 0.43 2.24 1.51 8.01 6.88 Non-Metallic Mineral Products 2.55597 159.9 -0.27 -0.19 1.01 1.07 4.54 6.74 Cement Lime 1.38646 165.1 -1.09 -0.66 -0.07 1.23 2.26 7.49 Basic Metals Alloys Metal Product 10.74785 166.4 0.80 0.36 2.16 1.90 9.54 9.83 Iron Semis 1.56301 166.6 1.81 0.66 4.49 0.97 18.80 13.64 Machinery Machine Tools 8.93148 127.0 0.08 0.32 0.57 0.47 2.99 2.42 Transport Equipment Parts 5.21282 127.8 1.64 0.55 1.14 1.11 3.00 3.23 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 mon .....

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..... ths June-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 ALL COMMODITIES 100.00 7.25 7.55 7.50 7.69 7.56 7.23 PRIMARY ARTICLES 20.12 10.46 10.88 9.55 10.41 7.07 2.76 Food Articles 14.34 10.81 10.74 10.92 10.11 6.12 -0.68 Cereals 3.37 6.70 5.73 6.84 4.64 1.83 2.25 Rice 1.79 7.46 5.07 5.98 5.03 1.53 0.94 Wheat 1.12 6.82 6.81 5.97 -0.58 -3.95 -3.42 Pulses 0.72 20.48 16.61 11.29 10.10 7.86 11.01 Vegetables 1.74 48.84 49.43 61.85 32.59 1.71 -43.74 Potato 0.20 75.85 68.10 59.30 18.43 -2.22 -23.15 Onion 0.18 -9.40 -7.32 -11.03 -24.06 -48.66 -75.62 Fruits 2.11 -3.64 -6.07 -15.34 -4.39 -0.29 6.43 Milk .....

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..... 3.24 7.30 11.90 15.68 15.29 11.70 12.33 Egg, Meat Fish 2.41 16.25 17.89 17.54 17.40 20.00 18.27 Non-Food Articles 4.26 6.85 8.47 1.40 -0.78 -2.51 0.72 Fibres 0.88 -12.72 -17.22 -30.98 -31.35 -29.89 -15.04 Oil Seeds 1.78 18.53 19.18 16.72 13.44 9.39 12.77 Minerals 1.52 14.49 15.57 15.91 34.48 32.31 30.73 FUEL POWER 14.91 10.27 11.53 12.10 12.82 15.11 16.99 Liquefied petroleum gas 0.91 11.30 15.36 15.52 14.27 14.27 14.27 Petrol 1.09 13.11 10.51 12.04 12.04 12.04 15.02 High speed diesel 4.67 6.81 9.24 9.24 9.24 9.24 9.24 MANUFACTURED PRODUCTS 64.97 5.00 5.02 5.27 5.16 5.82 6.71 Food Products 9.97 5.78 5.93 .....

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..... 6.36 6.20 5.58 5.51 Sugar 1.74 7.07 5.06 3.16 2.87 4.07 2.54 Edible Oils 3.04 9.82 10.52 11.18 9.94 7.65 9.43 Beverages, Tobacco Tobacco Product 1.76 5.74 7.80 9.41 8.93 10.76 10.96 Cotton Textiles 2.61 -5.78 -8.62 -9.41 -8.66 -3.51 0.36 Man Made Textiles 2.21 0.75 -0.66 -1.87 -1.64 -0.33 2.04 Wood Wood Products 0.59 3.80 7.41 8.49 8.64 8.47 8.98 Paper Paper Products 2.03 2.21 1.98 2.29 2.47 3.20 4.27 Leather Leather Products 0.84 2.94 3.92 4.26 4.94 5.33 6.57 Rubber Plastic Products 2.99 2.18 1.88 1.20 1.20 2.21 3.31 Chemicals Chemical Products 12.02 6.88 6.75 7.10 7.66 7.99 9.45 Non-Metallic Mineral Products 2.56 6.74 6.66 .....

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..... 7.25 6.68 6.91 8.11 Cement Lime 1.39 7.49 7.02 6.87 6.12 6.15 7.96 Basic Metals Alloys Metal Product 10.75 9.83 10.31 11.12 10.11 10.50 12.33 Iron Semis 1.56 13.64 14.93 18.48 17.61 15.96 19.21 Machinery Machine Tools 8.93 2.42 2.18 2.02 2.51 3.10 3.03 Transport Equipment Parts 5.21 3.23 4.35 3.43 3.27 3.45 3.29 DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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