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TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of February, 2013X X X X Extracts X X X X X X X X Extracts X X X X ..... Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of February, 2013 - News and Press Release Dated:- 14-3-2013 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month February, 2013 rose by 0.6 percent to 170.2 (Provisional) from 169.2 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.84% (Provisional) for the month of February, 2013 (over February, 2012) as compared to 6.62% (Provisional) for the previous month and 7.56% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.71% compared to a build up of 6.56% 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 0.6 percent to 222.7 (Provisional) from 221.4 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The index for `Food Articles` group rose by 0.2 percent to 214.3 (Provisional) from 213.8 (Provisional) for the previous month due to higher prices of masur (8%), ragi (7%), poultry chicken (6%), fish-inland (4%), jowar (3%), urad, condiments spices, barley, fish-marine, arhar and rice (2% each) and egg, mutton, maize and wheat (1% each). However, the prices of gram (7%), coffee (6%) and fruits vegetables and tea (2% each) declined. The index for `Non-Food Articles` group rose by 1.6 percent to 205.6 (Provisional) from 202.3 (Provisional) for the previous month due to higher prices of flowers (20%), raw jute (9%), fodder (7%), guar seed (6%), mesta (5%), raw cotton (4%), logs timber (3%), groundnut seed (2%) and soyabean (1%). However, the prices of rape mustard seed (6 %), raw silk (5%), copra, castor seed and raw rubber (3% each), sunflower, gingelly seed and cotton seed (2% each) and coir fibre (1%) declined. The index for `Minerals` group rose by 0.9 percent to 350.1 (Provisional) from 347.0 (Provisional) for the previous month due to higher prices of copper ore (14%), barytes (11%), magnesite and steatite (7% each), zinc concentrate and dolomite (5% each) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and crude petroleum (2%). However, the prices of iron ore (5%) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 3.0 percent to 195.2 (Provisional) from 189.5 (Provisional) for the previous month due to higher prices of lpg (21%), furnace oil (7%), lubricants (5%), high speed diesel (4%), light diesel oil and bitumen (3% each), petrol and aviation turbine fuel (2% each) and kerosene (1%). MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group declined by 0.1 percent to 148.2 (Provisional) from 148.3 (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 declined by 0.1 percent to 165.7 (Provisional) from 165.9 (Provisional) for the previous month due to lower prices of cotton seed oil (7%), canned fish (5%), bakery products (4%), tea leaf (blended), groundnut oil and mixed spices (2% each) and oil cakes, sugar, rice bran oil and mustard rapeseed oil (1% each). However, the prices of tea leaf (unblended) (14%), tea dust (unblended) and gola (cattle feed) (6% each), sooji (rawa) (5%), palm oil and gingelly oil (2% e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ach) and sunflower oil, sugar confectionary, copra oil, gur and soyabean oil (1% each) moved up. The index for `Beverages, Tobacco Tobacco Products` group rose by 1.0 percent to 178.8 (Provisional) from 177.0 (Provisional) for the previous month due to higher prices of dried tobacco (11%) and rectified spirit, soft drinks carbonated water and imfl - blended (1% each). The index for `Textiles` group declined by 0.2 percent to 133.1 (Provisional) from 133.4 (Provisional) for the previous month due to lower prices of woollen textiles (2%) and man made fabric (1%). However, the prices of cotton yarn, jute sacking bag, gunny and hessian cloth, jute yarn, man made fibre and tyre cord fabric (1% each) moved up. The index for `Wood Wood Products` group declined by 0.4 percent to 173.7 (Provisional) from 174.4 (Provisional) for the previous month due to lower prices of plywood fibre board (1%). The index for `Paper Paper Products` group rose by 0.4 percent to 138.3 (Provisional) from 137.8 (Provisional) for the previous month due to higher prices of paper rolls, cream laid woven paper, paper cartons / boxes, paper for printing / poster, maplitho paper and laminated paper ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (1% each). However, the prices of paper pulp (8%) declined. The index for `Leather Leather Products` group declined by 1.4 percent to 133.8 (Provisional) from 135.7 (Provisional) for the previous month due to lower prices of leather footwear (3%). The index for `Rubber Plastic Products` group rose by 0.5 percent to 139.0 (Provisional) from 138.3 (Provisional) for the previous month due to higher prices of plastic products (1%). However, the prices of tyres (1%) declined. The index for `Non-Metallic Mineral Products` group rose by 0.9 percent to 164.8 (Provisional) from 163.3 (Provisional) for the previous month due to higher prices of grey cement, bricks tiles and glass bottles bottleware (1%). However, the prices of slag cement (3%) and polished granite, white cement, marbles and lime (1% each) declined. The index for `Basic Metals, Alloys Metal Products` group declined by 0.6 percent to 165.0 (Provisional) from 166.0 (Provisional) for the previous month due to lower prices of steel structures (10%), pencil ingots (7%), iron castings and pig iron (3% each), sponge iron, gold gold ornaments, silver and billets (2% each) and ferro chrome, metal containers, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rounds, zinc, iron steel wire and wire rods (1% each). However, the prices of melting scrap (8 %), steel castings and copper wire (all types) (4% each), sheets (3%) and pressure cooker, crc, brass and angles (1% each) moved up. The index for `Machinery Machine Tools` group rose by 0.2 percent to 129.3 (Provisional) from 129.1 (Provisional) for the previous month due to higher prices of pump assembly (4%), material handling equipments (3%), lamps (2%) and air conditioner refrigerators, textile machinery, control equipments and electric motor starters (1% each). However, the prices of ball/roller bearing (3%) and hydraulic equipment (2%) declined. FINAL INDEX FOR THE MONTH OF DECEMBER , 2012 (BASE YEAR: 2004-05=100) For the month of December, 2012, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 168.8 as compared to 168.6 (provisional) and annual rate of inflation based on final index stood at 7.31 percent as compared to 7.18 percent respectively as reported on 14.01.2013. Annexure-I Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of Februar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y, 2013 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Feb., 2013 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 170.2 0.38 0.59 6.56 5.71 7.56 6.84 PRIMARY ARTICLES 20.11815 222.7 1.15 0.59 7.86 7.17 7.07 9.70 Food Articles 14.33709 214.3 0.68 0.23 7.49 8.73 6.12 11.38 Cereals 3.37323 212.4 0.45 1.38 3.42 17.80 1.83 19.19 Rice 1.79348 205.6 0.46 1.78 3.59 17.22 1.53 18.84 Wheat 1.11595 206.9 0.53 0.73 -1.73 20.22 -3.95 21.63 Pulses 0.71662 239.8 -1.04 -2.68 9.21 14.03 7.86 14.96 Vegetables 1.73553 180.5 9.60 -4.35 12.35 -5.00 1.71 12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .11 Potato 0.20150 154.6 7.08 -12.70 -0.94 22.12 -2.22 45.99 Onion 0.17794 340.3 -11.39 6.54 -25.29 150.22 -48.66 154.33 Fruits 2.10717 185.4 -1.16 -0.70 -7.75 5.10 -0.29 8.93 Milk 3.23818 210.7 0.05 0.14 15.41 4.67 11.70 4.57 Egg, Meat Fish 2.41384 260.0 0.83 2.69 17.91 13.34 20.00 12.85 Non-Food Articles 4.25756 205.6 2.02 1.63 -2.40 8.27 -2.51 10.06 Fibres 0.87737 211.9 -0.96 3.47 -30.54 8.83 -29.89 7.56 Oil Seeds 1.78051 202.8 0.55 -1.02 8.81 18.39 9.39 23.43 Minerals 1.52350 350.1 2.41 0.89 30.47 -2.42 32.31 0.57 FUEL POWER 14.91021 195.2 -0.17 3.01 12.12 9.79 15.11 10.47 Liquefied petroleum ga ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 0.91468 185.9 0.00 21.03 14.27 26.21 14.27 26.21 Petrol 1.09015 188.8 0.00 2.39 12.04 6.25 12.04 6.25 High speed diesel 4.67020 200.0 0.00 3.63 9.24 19.19 9.24 19.19 MANUFACTURED PRODUCTS 64.97164 148.2 0.21 -0.07 4.57 3.93 5.82 4.51 Food Products 9.97396 165.7 -0.07 -0.12 5.58 7.53 5.58 8.16 Sugar 1.73731 194.3 -0.62 -1.32 3.40 10.78 4.07 10.21 Edible Oils 3.04293 148.4 0.07 -0.60 8.15 4.80 7.65 6.53 Beverages, Tobacco Tobacco Product 1.76247 178.8 0.42 1.02 8.61 6.24 10.76 6.56 Cotton Textiles 2.60526 148.2 0.86 0.88 -9.24 4.88 -3.51 5.56 Man Made Textiles 2.20573 127.6 0.08 0.31 -1.80 6.24 -0.33 6.42 Wood ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Wood Products 0.58744 173.7 0.06 -0.40 8.04 5.40 8.47 5.98 Paper Paper Products 2.03350 138.3 0.23 0.36 2.16 4.22 3.20 4.54 Leather Leather Products 0.83509 133.8 -0.69 -1.40 3.90 1.59 5.33 2.61 Rubber Plastic Products 2.98697 139.0 -0.07 0.51 0.90 3.27 2.21 3.58 Chemicals Chemical Products 12.01770 144.9 0.07 0.00 6.65 4.09 7.99 5.08 Non-Metallic Mineral Products 2.55597 164.8 0.19 0.92 5.33 4.17 6.91 5.51 Cement Lime 1.38646 168.6 0.25 0.72 4.42 3.37 6.15 5.05 Basic Metals Alloys Metal Product 10.74785 165.0 0.50 -0.60 9.24 1.04 10.50 1.85 Iron Semis 1.56301 155.6 1.13 -3.23 14.97 -5.70 15.96 -3.53 Machinery Machine Tools 8.93148 129.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.24 0.15 2.43 2.29 3.10 2.38 Transport Equipment Parts 5.21282 131.3 0.24 0.00 2.78 3.88 3.45 4.37 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 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sept-12 ALL COMMODITIES 100.00 6.84 6.62 7.31 7.24 7.32 8.07 PRIMARY ARTICLES 20.12 9.70 10.31 10.56 9.56 7.81 9.22 Food Articles 14.34 11.38 11.88 10.63 8.80 6.72 8.06 Cereals 3.37 19.19 18.09 19.08 17.84 16.28 14.35 Rice 1.79 18.84 17.31 17.10 15.28 14.97 12.58 Wheat 1.12 21.63 21.39 22.63 23.25 19.78 18.87 Pulses 0.72 14.96 16.89 16 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .25 18.77 19.86 28.98 Vegetables 1.74 12.11 28.45 14.36 -1.53 -9.05 -6.73 Potato 0.20 45.99 79.07 58.03 67.85 49.13 52.45 Onion 0.18 154.33 111.52 72.79 16.55 -9.12 -24.69 Fruits 2.11 8.93 8.42 4.84 7.43 3.43 7.02 Milk 3.24 4.57 4.47 6.15 6.18 6.35 6.45 Egg, Meat Fish 2.41 12.85 10.81 12.66 14.24 13.10 13.22 Non-Food Articles 4.26 10.06 10.49 13.56 14.04 11.43 10.43 Fibres 0.88 7.56 2.97 0.69 -1.34 -4.74 -5.67 Oil Seeds 1.78 23.43 25.40 30.02 30.60 27.25 29.13 Minerals 1.52 0.57 2.09 5.57 6.88 8.63 13.87 FUEL POWER 14.91 10.47 7.06 10.25 9.97 11.65 12.00 Liquefied petroleum gas 0.91 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 26.21 4.28 19.01 4.01 2.04 1.09 Petrol 1.09 6.25 3.77 3.43 1.48 3.75 6.73 High speed diesel 4.67 19.19 15.02 14.60 14.60 14.60 8.94 MANUFACTURED PRODUCTS 64.97 4.51 4.81 5.04 5.41 5.95 6.47 Food Products 9.97 8.16 8.22 8.74 9.25 9.82 10.28 Sugar 1.74 10.21 10.99 9.84 15.48 18.88 19.87 Edible Oils 3.04 6.53 7.26 9.20 9.76 9.38 10.71 Beverages, Tobacco Tobacco Product 1.76 6.56 5.92 7.14 8.13 8.85 7.32 Cotton Textiles 2.61 5.56 5.53 4.89 5.46 6.30 7.03 Man Made Textiles 2.21 6.42 6.18 5.55 4.36 3.77 4.37 Wood Wood Products 0.59 5.98 6.47 6.90 5.98 5.81 5.82 Paper Paper Products 2.03 4.54 4.39 4.08 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3.47 3.10 3.02 Leather Leather Products 0.84 2.61 3.35 2.66 2.50 2.68 3.78 Rubber Plastic Products 2.99 3.58 2.98 3.51 3.30 3.15 3.30 Chemicals Chemical Products 12.02 5.08 5.15 5.86 6.27 6.66 7.62 Non-Metallic Mineral Products 2.56 5.51 4.75 4.10 4.75 6.63 9.30 Cement Lime 1.39 5.05 4.56 2.23 4.73 8.13 12.20 Basic Metals Alloys Metal Product 10.75 1.85 2.98 3.18 4.45 6.32 7.39 Iron Semis 1.56 -3.53 0.82 -0.19 4.32 6.01 7.84 Machinery Machine Tools 8.93 2.38 2.46 2.55 2.63 2.63 2.56 Transport Equipment Parts 5.21 4.37 4.62 4.71 4.39 4.32 4.09 DS/RK (Release ID :93638) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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