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

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..... Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of September, 2012 - News and Press Release Dated:- 15-10-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 15-October-2012 11:37 IST The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month September, 2012 rose by 1.1 percent to 168.4 (Provisional) from 166.6 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 7.81% (Provisional) for the month of September, 2012 (over September, 2011) as compared to 7.55% (Provisional) for the previous month and 10.00% during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.60% compared to a build up of 4.48% 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 0.5 percent to 220.7 (Provisional) from 219.5 .....

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..... (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 Articles' group rose by 0.6 percent to 212.7 (Provisional) from 211.4 (Provisional) for the previous month due to higher prices of coffee (8%), ragi (7%), fish-marine (5%), wheat, egg and fish-inland (4% each), poultry chicken and maize (3% each), rice and urad (2% each) and masur, arhar, tea, milk, mutton and moong (1% each). However, the prices of fruits vegetables (3%), barley (2%) and jowar (1%) declined. The index for 'Non-Food Articles' group declined by 2.1 percent to 202.4 (Provisional) from 206.8 (Provisional) for the previous month due to lower prices of gaur seed (38%), castor seed (11%), soyabean (6%), raw cotton (5%), raw silk (2%) and niger seed (1%). However, the prices of logs timber (8%), raw rubber (5%), linseed, fodder, cotton seed and coir fibre (4% each), gingelly seed (sesamum) (3%), rape mustard seed, mesta and raw jute (2% each) and groundnut seed and sunflower (1% each) moved up. The index for 'Minerals' group rose by 4.9 percent to 347.6 (Provisional) from 331.3 (Provisional) for the p .....

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..... revious month due to higher prices of barytes (67%), crude petroleum (9%), zinc concentrate (6%), phosphorite (4%),manganese ore (3%) and copper ore (1%). However, the prices of sillimanite (10%), magnesite (8%) and steatite (2 %) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 4.0 percent to 188.3 (Provisional) from 181.0 (Provisional) for the previous month due to higher prices of aviation turbine fuel (13%), light diesel oil (11%), naphtha and high speed diesel (9 % each), furnace oil (7%) and kerosene (1%). However, the prices of bitumen (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.5 percent to 147.7 (Provisional) from 146.9 (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 1.2 percent to 166.5 (Provisional) from 164.5 (Provisional) for the previous month due to higher prices of gram powder (besan) (19%), sugar confectionary (6%), wheat flour ( atta) (6 %), cotton seed oil (5%), mixed spices and soyabean oil (4% each), tea leaf (blended) (3%), sugar and .....

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..... maida (2% each) and oil cakes, khandsari, sooji (rawa) and gingelly oil (1% each). However, the prices of processed prawn and tea dust (unblended) (3% each), tea dust (blended), gola (cattle feed) and tea leaf (unblended) (2% each) and groundnut oil, ghee, rice bran oil and copra oil (1% each) declined. The index for 'Beverages, Tobacco Tobacco Products' group rose by 2.1 percent to 175.2 (Provisional) from 171.6 (Provisional) for the previous month due to higher prices of bidi (7%) and soft drinks carbonated water (1%). The index for 'Textiles' group rose by 0.4 percent to 130.9 (Provisional) from 130.4 (Provisional) for the previous month due to higher prices of jute sacking bag and jute sacking cloth (2% each) and cotton yarn, man made fibre, man made fabric and gunny and hessian cloth (1% each). The index for 'Wood Wood Products' group rose by 0.9 percent to 171.1 (Provisional) from 169.6 (Provisional) for the previous month due to higher prices of plywood fibre board (2%). The index for 'Paper Paper Products' group rose by 0.7 percent to 136.2 (Provisional) from 135.2 (Provisional) for the previous month due to higher prices of newspaper, cream laid w .....

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..... oven paper and paper cartons / boxes (3% each) and printing and writing paper and maplitho paper (1% each). The index for 'Leather Leather Products' group rose by 0.5 percent to 134.9 (Provisional) from 134.2 (Provisional) for the previous month due to higher prices of leather shoe lining and leather chappals/sandals (1% each). The index for 'Rubber Plastic Products' group rose by 0.4 percent to 137.5 (Provisional) from 136.9 (Provisional) for the previous month due to higher prices of plastic products (1%). The index for 'Chemicals Chemical Products' group rose by 0.4 percent to 143.8 (Provisional) from 143.2 (Provisional) for the previous month due to higher prices of di ammonium phosphate (3%), adhesive gum (2%) and basic inorganic chemicals, non-cyclic compound, organic manure and pesticides (1% each). However, the prices of thermocol and turpentine oil (1% each) declined. The index for 'Non-Metallic Mineral Products' group rose by 0.2 percent to 164.5 (Provisional) from 164.2 (Provisional) for the previous month due to higher prices of lime (3%), bricks tiles (2%) and railway sleeper and glass bottles bottleware (1%). However, the prices of marbles (2 .....

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..... %) and white cement (1%) declined. The index for 'Basic Metals, Alloys Metal Products' group rose by 0.4 percent to 167.2 (Provisional) from 166.6 (Provisional) for the previous month due to higher prices of silver (6%), gold gold ornaments (4%), fixtures, copper wire (all types) and copper products (other than wire) (2% each) and iron steel wire, melting scrap, sponge iron, ferro manganese, hrc, pressure cooker and aluminium (1% each). However, the prices of steel rods (3 %), ferro chrome, sheets and steel castings (2% each) and angles, steel: pipes tubes, copper / copper ingots and rebars (1% each) declined. The index for 'Machinery Machine Tools' group rose by 0.2 percent to 128.3 (Provisional) from 128.1 (Provisional) for the previous month due to higher prices of batteries and electric switches (4% each), sprinkler and textile machinery (3% each), plastic machinery, regulators and lamps (2% each) and pump assembly, industrial valves, electrical pumps, pvc insulated cable, engines, electric motor starters and air conditioner refrigerators (1 % each). However, the prices of fans, material handling equipments, insulators and electronic pcb /micro circuit .....

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..... (3% each), t.v. accessories, electric motors, loader and communication equipments (2% each) and hydraulic equipment and ball/roller bearing (1% each) declined. The index for 'Transport, Equipment Parts' group rose by 0.2 percent to 129.6 (Provisional) from 129.3 (Provisional) for the previous month due to higher prices of silencer damper (7%) and geared motor (3%). FINAL INDEX FOR THE MONTH OF JULY , 2012 (BASE YEAR: 2004-05=100) For the month of July, 2012, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 165.8 as compared to 164.8 (provisional) and annual rate of inflation based on final index stood at 7.52 percent as compared to 6.87 percent respectively as reported on 14.08.2012. Next date of press release: 14/11/2012 for the month of October, 2012 Office of Economic Adviser, Ministry of Commerce Industry, New Delhi, 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 September, 2012 Commodities/Major Groups/Groups/Sub-Groups .....

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..... Weight WPI Sept., 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 168.4 0.84 1.08 4.48 4.60 10.00 7.81 PRIMARY ARTICLES 20.11815 220.7 1.76 0.55 7.81 6.21 12.22 8.77 Food Articles 14.33709 212.7 1.81 0.61 10.17 7.91 9.62 7.86 Cereals 3.37323 201.3 -0.62 2.49 2.32 11.65 4.13 14.18 Rice 1.79348 194.8 0.23 2.15 3.77 11.06 4.02 12.41 Wheat 1.11595 198.0 -1.18 3.88 -3.58 15.05 -2.74 18.63 Pulses 0.71662 261.4 4.71 0.73 5.86 24.30 2.90 29.28 Vegetables 1.73553 202.1 8.73 -7.84 51.29 6.37 14.41 -6.78 Potato 0.20150 242.3 2.84 -7.31 .....

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..... 48.92 91.39 14.29 52.20 Onion 0.17794 193.5 5.23 -0.36 43.83 42.28 25.78 -24.88 Fruits 2.10717 188.9 -4.49 1.02 -4.28 7.09 15.65 6.96 Milk 3.23818 207.5 1.14 0.73 11.86 3.08 10.28 6.25 Egg, Meat Fish 2.41384 246.7 4.53 3.31 12.28 7.54 11.88 12.44 Non-Food Articles 4.25756 202.4 1.21 -2.13 -3.87 6.58 14.57 10.00 Fibres 0.87737 214.7 5.61 -3.77 -19.75 10.27 23.76 -5.67 Oil Seeds 1.78051 205.4 -0.62 -0.77 6.16 19.91 14.75 28.13 Minerals 1.52350 347.6 2.45 4.92 15.93 -3.12 26.09 12.38 FUEL POWER 14.91021 188.3 0.72 4.03 6.79 5.91 14.02 11.88 Liquefied petroleum gas 0.91468 148.9 -0.41 0.07 14.27 1.09 14.2 .....

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..... 7 1.09 Petrol 1.09015 188.7 2.55 0.00 11.48 6.19 26.29 6.73 High speed diesel 4.67020 182.8 0.00 8.55 9.24 8.94 9.32 8.94 MANUFACTURED PRODUCTS 64.97164 147.7 0.43 0.54 2.51 3.58 8.00 6.26 Food Products 9.97396 166.5 0.53 1.22 4.55 8.05 8.05 9.76 Sugar 1.73731 203.1 0.41 2.32 0.65 15.79 7.38 18.36 Edible Oils 3.04293 151.0 0.52 0.80 5.82 6.64 13.87 10.79 Beverages, Tobacco Tobacco Product 1.76247 175.2 0.12 2.10 6.15 4.10 13.57 6.83 Cotton Textiles 2.60526 147.0 -1.15 0.82 -10.80 4.03 12.47 6.52 Man Made Textiles 2.20573 124.0 0.51 0.98 -2.46 3.25 7.59 4.11 Wood Wood Products 0.58744 171.1 0.44 0.88 6.53 3.82 8.38 .....

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..... 5.88 Paper Paper Products 2.03350 136.2 0.46 0.74 2.16 2.64 5.33 2.95 Leather Leather Products 0.83509 134.9 0.00 0.52 3.27 2.43 1.09 4.09 Rubber Plastic Products 2.98697 137.5 -0.22 0.44 0.23 2.15 7.41 3.15 Chemicals Chemical Products 12.01770 143.8 0.60 0.42 3.48 3.30 8.96 7.47 Non-Metallic Mineral Products 2.55597 164.5 0.60 0.18 1.48 3.98 4.95 9.30 Cement Lime 1.38646 171.7 0.39 -0.29 -0.78 5.27 1.53 12.59 Basic Metals Alloys Metal Product 10.74785 167.2 0.97 0.36 4.92 2.39 12.02 7.46 Iron Semis 1.56301 163.5 0.93 0.31 8.13 -0.91 22.34 7.78 Machinery Machine Tools 8.93148 128.3 0.48 0.16 1.54 1.50 3.39 2.48 Transport Equipment Parts 5.21282 .....

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..... 129.6 0.16 0.23 1.96 2.53 4.61 3.85 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 Sept-12 Aug-12 July-12 June-12 May-12 Apr-12 ALL COMMODITIES 100.00 7.81 7.55 7.52 7.58 7.55 7.50 PRIMARY ARTICLES 20.12 8.77 10.08 10.54 9.75 10.31 9.55 Food Articles 14.34 7.86 9.14 10.17 10.91 10.63 10.92 Cereals 3.37 14.18 10.71 8.06 6.64 5.62 6.84 Rice 1.79 12.41 10.29 9.95 7.46 4.89 5.98 Wheat 1.12 18.63 12.85 6.44 6.76 6.75 5.97 Pulses 0.72 29 .....

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..... .28 34.39 28.57 20.59 16.77 11.29 Vegetables 1.74 -6.78 9.98 24.11 50.12 49.90 61.85 Potato 0.20 52.20 68.86 73.24 84.91 72.17 59.30 Onion 0.18 -24.88 -20.67 -10.05 -9.46 -8.05 -11.03 Fruits 2.11 6.96 1.14 -0.10 -4.93 -6.07 -15.34 Milk 3.24 6.25 6.68 8.01 7.46 11.90 15.68 Egg, Meat Fish 2.41 12.44 13.77 16.59 16.69 17.13 17.54 Non-Food Articles 4.26 10.00 13.75 13.34 7.18 8.57 1.40 Fibres 0.88 -5.67 3.53 5.89 -12.72 -16.52 -30.98 Oil Seeds 1.78 28.13 28.33 25.48 18.47 19.12 16.72 Minerals 1.52 12.38 9.74 8.65 7.58 11.49 15.91 FUEL POWER 14.91 11.88 8.32 8.39 12.07 11.53 12.10 Liquefied pet .....

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..... roleum gas 0.91 1.09 0.61 0.68 11.30 15.36 15.52 Petrol 1.09 6.73 9.45 8.70 11.89 10.51 12.04 High speed diesel 4.67 8.94 0.36 0.00 6.81 9.24 9.24 MANUFACTURED PRODUCTS 64.97 6.26 6.14 5.87 5.37 5.24 5.27 Food Products 9.97 9.76 9.01 6.99 5.91 5.80 6.36 Sugar 1.74 18.36 16.15 9.38 7.13 5.24 3.16 Edible Oils 3.04 10.79 10.47 10.85 9.52 10.37 11.18 Beverages, Tobacco Tobacco Product 1.76 6.83 4.76 6.18 5.81 8.24 9.41 Cotton Textiles 2.61 6.52 4.44 0.62 -4.79 -7.92 -9.41 Man Made Textiles 2.21 4.11 3.63 1.50 0.75 -0.33 -1.87 Wood Wood Products 0.59 5.88 5.41 5.56 4.42 7.21 8.49 Paper Paper Products 2.03 2.95 2. .....

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..... 66 2.59 2.28 2.05 2.29 Leather Leather Products 0.84 4.09 3.55 3.92 2.86 4.08 4.26 Rubber Plastic Products 2.99 3.15 2.47 2.55 2.26 2.18 1.20 Chemicals Chemical Products 12.02 7.47 7.67 7.46 7.34 7.28 7.10 Non-Metallic Mineral Products 2.56 9.30 9.76 8.39 7.68 6.46 7.25 Cement Lime 1.39 12.59 13.36 10.78 9.05 6.18 6.87 Basic Metals Alloys Metal Product 10.75 7.46 8.11 9.75 10.10 10.65 11.12 Iron Semis 1.56 7.78 8.45 12.03 13.98 16.18 18.48 Machinery Machine Tools 8.93 2.48 2.81 3.22 2.98 2.50 2.02 Transport Equipment Parts 5.21 3.85 3.77 3.70 3.55 4.52 3.43 DS - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Tax .....

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..... TMI - TMITax .....

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