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TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100), Review for the month of March, 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 March, 2013 - News and Press Release Dated:- 15-4-2013 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month March, 2013 rose by 0.2 percent to 170.6 (provisional) from 170.2 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 5.96% (provisional) for the month of March, 2013 (over March, 2012) as compared to 6.84% (provisional) for the previous month and 7.69% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.96% compared to a build up rate of 7.69% 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 0.4 percent to 223.6 (provisional) from 222.7 (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 Non-Food Articles group rose by 0.6 percent to 206.9 (provisional) from 205.6 (provisional) for the previous month due to higher prices of logs timber (16%), soyabean (11%), raw rubber (7%), mesta and gingelly seed (5% each) and raw cotton, raw silk and raw jute (4% each). However, the prices of flower (18%), rape mustard seed (9%), copra (coconut) and fodder (3% each) and groundnut seed and guar seed (1% each) declined. The index for Minerals group rose by 2.1 percent to 357.4 (provisional) from 350.1 (provisional) for the previous month due to higher prices of zinc concentrate (5%), iron ore (4%), crude petroleum (2%) and copper ore (1%). However, the prices of magnesite (7%), sillimanite (6%), manganese ore and barytes (3% each) and chromite (1%) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 0.4 percent to 195.9 (provisional) from 195.2 (provisional) for the previous month due to higher prices of aviation turbine fuel (4%), high speed diesel and lignite (2% each). However, the prices of naphtha and light diesel oil (2% each) and petrol (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this majo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r group rose by 0.1 percent to 148.4 (provisional) from 148.2 (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 declined by 0.5 percent to 164.9 (provisional) from 165.7 (provisional) for the previous month due to lower prices of sunflower oil (7%), cotton seed oil (5%), mustard rapeseed oil (4%), tea leaf (unblended), groundnut oil, tea leaf (blended) and soyabean oil (3% each), processed prawn and canned fish (2 % each) and sugar, tea dust (unblended), palm oil, copra oil, tea dust (blended) and sugar confectionary (1% each). However, the prices of oil cakes and wheat flour (atta) (4% each), gingelly oil and bakery products (3% each), salt (2%) and mixed spices, gur, sooji (rawa) and gola (cattle feed) (1% each) moved up. The index for Beverages, Tobacco Tobacco Products group declined by 0.4 percent to 178.1 (provisional) from 178.8 (provisional) for the previous month due to lower prices of dried tobacco (4%) and beer and rectified spirit (1 % each). The index for Textiles group declined by 0.3 percent to 132.7 (provisional) from 133.1 (provisiona ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l) for the previous month due to lower prices of jute sacking bag and man made fibre (1% each). However, the prices of cotton yarn (1%) moved up. The index for Wood Wood Products group declined by 0.1 percent to 173.5 (provisional) from 173.7 (provisional) for the previous month due to lower prices of wooden chair and veneer wood (3% each). The index for Paper Paper Products group rose by 1.2 percent to 140.0 (provisional) from 138.3 (provisional) for the previous month due to higher prices of books/ periodicals/ journals (5%), newspaper (3%), paper cartons / boxes (2%) and maplitho paper, paper for printing / poster and printing and writing paper (1% each). However, the prices of card board (1%) declined. The index for Leather Leather Products group rose by 0.4 percent to 134.3 (provisional) from 133.8 (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 139.4 (provisional) from 139.0 (provisional) for the previous month due to higher prices of rubber foot wear (3%), polyester film (2%) and plastic/pvc pipe (1%). The index for Chemicals Chemical Products ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... group rose by 0.4 percent to 145.5 (provisional) from 144.9 (provisional) for the previous month due to higher prices of thermocol (8%), polymers (3%), basic organic chemicals and pesticides (2% each) and antibiotics, castor oil, vitamins and tooth paste / tooth powder (1% each). However, the prices of safety matches/ match box (6%), synthetic resin (2%) and non-cyclic compound and hair / body oils (1% each) declined. The index for Non-Metallic Mineral Products group rose by 1.8 percent to 167.7 (provisional) from 164.8 (provisional) for the previous month due to higher prices of marbles (19%), white cement (3%) and grey cement (2%). The index for Basic Metals, Alloys Metal Products group declined by 0.1 percent to 164.8 (provisional) from 165.0 (provisional) for the previous month due to lower prices of silver, utensils (other than aluminium) and pig iron (3% each), sheets (2%) and steel castings, slab, furniture and metal containers (1% each). However, the prices of steel structures (6%), lead (5%), melting scrap (2%) and steel rods, pressure cooker, zinc and iron steel wire (1% each) moved up. The index for Machinery Machine Tools group rose by 0.2 percen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t to 129.5 (provisional) from 129.3 (provisional) for the previous month due to higher prices of fibre optic cable (9%), electric switch gears and electric generators (2%) and plastic machinery, boiler accessories, engines, concrete vibrator mixture, heating elements and rubber machinery (1% each). However, the prices of control equipments and ball/roller bearing (1% each) declined. The index for Transport, Equipment Parts group rose by 0.8 percent to 132.3 (provisional) from 131.3 (provisional) for the previous month due to higher prices of bus / mini bus / truck (4%). FINAL INDEX FOR THE MONTH OF JANUARY , 2013 (BASE YEAR: 2004-05=100) For the month of January, 2013, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 170.3 as compared to 169.2 (provisional) and annual rate of inflation based on final index stood at 7.31 percent as compared to 6.62 percent respectively as reported on 14.02.2013. Next date of press release: 14/05/2013 for the month of April, 2013 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 Wh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of March, 2013 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Mar., 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 170.6 1.07 0.24 7.69 5.96 7.69 5.96 PRIMARY ARTICLES 20.11815 223.6 2.36 0.40 10.41 7.60 10.41 7.60 Food Articles 14.33709 214.3 2.44 0.00 10.11 8.73 10.11 8.73 Cereals 3.37323 213.4 1.18 0.47 4.64 18.36 4.64 18.36 Rice 1.79348 206.8 1.39 0.58 5.03 17.90 5.03 17.90 Wheat 1.11595 206.3 1.18 -0.29 -0.58 19.87 -0.58 19.87 Pulses 0.71662 232.4 0.81 -3.09 10.10 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10.51 10.10 10.51 Vegetables 1.73553 188.2 18.01 4.27 32.59 -0.95 32.59 -0.95 Potato 0.20150 152.0 19.55 -1.68 18.43 20.06 18.43 20.06 Onion 0.17794 265.0 1.64 -22.13 -24.06 94.85 -24.06 94.85 Fruits 2.10717 184.7 3.64 -0.38 -4.39 4.71 -4.39 4.71 Milk 3.23818 210.2 -0.10 -0.24 15.29 4.42 15.29 4.42 Egg, Meat Fish 2.41384 254.7 -0.43 -2.04 17.40 11.03 17.40 11.03 Non-Food Articles 4.25756 206.9 1.66 0.63 -0.78 8.95 -0.78 8.95 Fibres 0.87737 220.5 -1.17 4.06 -31.35 13.25 -31.35 13.25 Oil Seeds 1.78051 203.8 4.26 0.49 13.44 18.97 13.44 18.97 Minerals 1.52350 357.4 3.07 2.09 34.48 -0.39 34.48 -0.39 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... FUEL POWER 14.91021 195.9 0.62 0.36 12.82 10.18 12.82 10.18 Liquefied petroleum gas 0.91468 185.1 0.00 -0.43 14.27 25.66 14.27 25.66 Petrol 1.09015 186.8 0.00 -1.06 12.04 5.12 12.04 5.12 High speed diesel 4.67020 203.4 0.00 1.70 9.24 21.22 9.24 21.22 MANUFACTURED PRODUCTS 64.97164 148.4 0.56 0.13 5.16 4.07 5.16 4.07 Food Products 9.97396 164.9 0.59 -0.48 6.20 7.01 6.20 7.01 Sugar 1.73731 191.9 -0.51 -1.24 2.87 9.41 2.87 9.41 Edible Oils 3.04293 145.0 1.65 -2.29 9.94 2.40 9.94 2.40 Beverages, Tobacco Tobacco Product 1.76247 178.1 0.30 -0.39 8.93 5.82 8.93 5.82 Cotton Textiles 2.60526 148.7 0.64 0.34 -8.66 5.24 -8.66 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5.24 Man Made Textiles 2.20573 127.2 0.17 -0.31 -1.64 5.91 -1.64 5.91 Wood Wood Products 0.58744 173.5 0.55 -0.12 8.64 5.28 8.64 5.28 Paper Paper Products 2.03350 140.0 0.30 1.23 2.47 5.50 2.47 5.50 Leather Leather Products 0.83509 134.3 1.00 0.37 4.94 1.97 4.94 1.97 Rubber Plastic Products 2.98697 139.4 0.30 0.29 1.20 3.57 1.20 3.57 Chemicals Chemical Products 12.01770 145.5 0.94 0.41 7.66 4.53 7.66 4.53 Non-Metallic Mineral Products 2.55597 167.7 1.28 1.76 6.68 6.01 6.68 6.01 Cement Lime 1.38646 171.9 1.62 1.96 6.12 5.40 6.12 5.40 Basic Metals Alloys Metal Product 10.74785 164.8 0.80 -0.12 10.11 0.92 10.11 0.92 Iron Semis 1.56301 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 154.8 2.29 -0.51 17.61 -6.18 17.61 -6.18 Machinery Machine Tools 8.93148 129.5 0.08 0.15 2.51 2.45 2.51 2.45 Transport Equipment Parts 5.21282 132.3 0.48 0.76 3.27 4.67 3.27 4.67 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 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 ALL COMMODITIES 100.00 5.96 6.84 7.31 7.31 7.24 7.32 PRIMARY ARTICLES 20.12 7.60 9.70 11.41 10.56 9.56 7.81 Food Articles 14.34 8.73 11.38 12.35 10.63 8.80 6.72 Cereals 3.37 18.36 19.19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 18.60 19.08 17.84 16.28 Rice 1.79 17.90 18.84 17.77 17.10 15.28 14.97 Wheat 1.12 19.87 21.63 21.87 22.63 23.25 19.78 Pulses 0.72 10.51 14.96 15.89 16.25 18.77 19.86 Vegetables 1.74 -0.95 12.11 30.02 14.36 -1.53 -9.05 Potato 0.20 20.06 45.99 73.10 58.03 67.85 49.13 Onion 0.18 94.85 154.33 125.17 72.79 16.55 -9.12 Fruits 2.11 4.71 8.93 10.28 4.84 7.43 3.43 Milk 3.24 4.42 4.57 4.52 6.15 6.18 6.35 Egg, Meat Fish 2.41 11.03 12.85 11.20 12.66 14.24 13.10 Non-Food Articles 4.26 8.95 10.06 13.00 13.56 14.04 11.43 Fibres 0.88 13.25 7.56 3.27 0.69 -1.34 -4.74 Oil Seeds 1.78 18.97 23. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 43 27.05 30.02 30.60 27.25 Minerals 1.52 -0.39 0.57 4.03 5.57 6.88 8.63 FUEL POWER 14.91 10.18 10.47 9.27 10.25 9.97 11.65 Liquefied petroleum gas 0.91 25.66 26.21 24.24 19.01 4.01 2.04 Petrol 1.09 5.12 6.25 3.43 3.43 1.48 3.75 High speed diesel 4.67 21.22 19.19 18.47 14.60 14.60 14.60 MANUFACTURED PRODUCTS 64.97 4.07 4.51 4.95 5.04 5.41 5.95 Food Products 9.97 7.01 8.16 8.68 8.74 9.25 9.82 Sugar 1.74 9.41 10.21 10.09 9.84 15.48 18.88 Edible Oils 3.04 2.40 6.53 7.54 9.20 9.76 9.38 Beverages, Tobacco Tobacco Product 1.76 5.82 6.56 6.76 7.14 8.13 8.85 Cotton Textiles 2.61 5.24 5.56 5.10 4.89 5.46 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6.30 Man Made Textiles 2.21 5.91 6.42 6.26 5.55 4.36 3.77 Wood Wood Products 0.59 5.28 5.98 6.17 6.90 5.98 5.81 Paper Paper Products 2.03 5.50 4.54 5.61 4.08 3.47 3.10 Leather Leather Products 0.84 1.97 2.61 2.44 2.66 2.50 2.68 Rubber Plastic Products 2.99 3.57 3.58 3.65 3.51 3.30 3.15 Chemicals Chemical Products 12.02 4.53 5.08 5.66 5.86 6.27 6.66 Non-Metallic Mineral Products 2.56 6.01 5.51 5.71 4.10 4.75 6.63 Cement Lime 1.39 5.40 5.05 5.18 2.23 4.73 8.13 Basic Metals Alloys Metal Product 10.75 0.92 1.85 2.54 3.18 4.45 6.32 Iron Semis 1.56 -6.18 -3.53 -2.76 -0.19 4.32 6.01 Machinery Machine Tools 8.93 2.45 2.38 2.62 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.55 2.63 2.63 Transport Equipment Parts 5.21 4.67 4.37 4.70 4.71 4.39 4.32 DS/RK (Release ID :94679) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... 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