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TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100), Review for the month of April, 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 April, 2013 - News and Press Release Dated:- 14-5-2013 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month April, 2013 rose by 0.5 percent to 171.5 (provisional) from 170.6 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.89% (provisional) for the month of April, 2013 (over April, 2012) as compared to 5.96% (provisional) for the previous month and 7.50% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.53% compared to a build up rate of 1.55% 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 2.0 percent to 228.0 (provisional) from 223.6 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:- The index for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... `Food Articles` group rose by 2.6 percent to 219.8 (provisional) from 214.3 (provisional) for the previous month due to higher price of fruits vegetables (11%), masur (4%) and fish-marine, condiments spices, urad and tea (1% each). However, the price of poultry chicken (7%) and barley, jowar, ragi, wheat, gram and egg (1% each) declined. The index for `Non-Food Articles` group rose by 1.4 percent to 209.7 (provisional) from 206.9 (provisional) for the previous month due to higher price of flowers (11%), soyabean (8%), groundnut seed and raw silk (5% each), fodder (2%) and copra, coir fibre, cotton seed, sunflower and mesta (1% each). However, the price of guar seed and linseed (4% each), raw rubber (3%) and raw cotton, castor seed, rape mustard seed and gingelly seed (1% each) declined. The index for `Minerals` group declined by 0.7 percent to 355.0 (provisional) from 357.4 (provisional) for the previous month due to lower price of sillimanite (11%), crude petroleum (2%). However, the price of magnesite, steatite and copper ore (2% each) and barytes (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group declined by 0.7 percent to 194.6 (provisio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal) from 195.9 (provisional) for the previous month due to lower price of aviation turbine fuel (6%), petrol and furnace oil (2% each), lpg(1%). However, the price of bitumen (1%) moved up. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.2 percent to 148.7 (provisional) from 148.4 (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 0.5 percent to 165.8 (provisional) from 164.9 (provisional) for the previous month due to higher price of processed prawn (6%), tea leaf (unblended) (5%), oil cakes, gur and tea dust (unblended) (3% each), mixed spices (2%) and groundnut oil, cotton seed oil, sunflower oil and gola (cattle feed) (1 % each). However, the price of coffee powder, maida, khandsari, soyabean oil, canned fish and mustard rapeseed oil (1% each) declined. The index for `Beverages, Tobacco Tobacco Products` group rose by 1.7 percent to 181.2 (provisional) from 178.1 (provisional) for the previous month due to higher price of cigarette (8%) and dried tobacco (1%). The index for `Textiles` group rose by 0.7 percen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t to 133.6 (provisional) from 132.7 (provisional) for the previous month due to higher price of cotton yarn (2%) and gunny and hessian cloth and woollen textiles (1% each). The index for `Wood Wood Products` group rose by 0.3 percent to 174.0 (provisional) from 173.5 (provisional) for the previous month due to higher price of plywood fibre board (1%). The index for `Leather Leather Products` group rose by 0.6 percent to 135.1 (provisional) from 134.3 (provisional) for the previous month due to higher price of leather garments jackets (3%) and leather footwear (1%). The index for `Rubber Plastic Products` group rose by 0.1 percent to 139.5 (provisional) from 139.4 (provisional) for the previous month due to higher price of plastic/ldpe/polythene bags and tooth brush (3% each). The index for `Chemicals Chemical Products` group rose by 0.2 percent to 145.8 (provisional) from 145.5 (provisional) for the previous month due to higher price of synthetic resin (5%), agarbattis (3%) and vaccines (1%). However, the price of pesticides (3%) and ammonium sulphate and hair / body oils (1% each) declined. The index for `Non-Metallic Mineral Products` group declined by 0.7 p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ercent to 166.6 (provisional) from 167.7 (provisional) for the previous month due to lower price of marbles (16%) and glass bottles bottleware (1%). However, the price of white cement (1%) moved up. The index for `Basic Metals, Alloys Metal Products` group declined by 0.3 percent to 164.3 (provisional) from 164.8 (provisional) for the previous month due to lower price of silver and lead (4% each), gold gold ornaments (3%) and slab, crc, zinc, rounds, wire rods, melting scrap and iron castings (1% each). However, the price of ferro chrome (2%) and iron steel wire, steel castings, pipes/tubes/rods/strips, ferro manganese, pencil ingots and sponge iron (1% each) moved up. The index for `Machinery Machine Tools` group rose by 0.1 percent to 129.6 (provisional) from 129.5 (provisional) for the previous month due to higher price of fibre optic cable (4%), electric switches (2%) and pvc insulated cable, grinding /wet coffee machinery, hydraulic equipment, batteries and harvester (1% each). However, the price of lamps (6%), ups / stabilizer (4%) and pump assembly, t.v.sets, electric generators and boiler accessories (1% each) declined. The index for `Transport, Eq ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uipment Parts` group rose by 0.1 percent to 132.4 (provisional) from 132.3 (provisional) for the previous month due to higher price of trolleys/tanker (1%). FINAL INDEX FOR THE MONTH OF FEBRUARY , 2013 (BASE YEAR: 2004-05=100) For the month of February, 2013, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 170.9 as compared to 170.2 (provisional) and annual rate of inflation based on final index stood at 7.28 percent as compared to 6.84 percent respectively as reported on 14.02.2013. Annexure-I Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of April, 2013 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Apr., 2013 Latest month over month Build up from March Year on year 2012-13 2013-14 2012-13 2013-14 2012-13 2013-14 ALL COMMODITIES 100.00000 171.5 1.55 0.53 1.55 0.53 7.50 4.89 PRIMARY ARTICLES 20.11815 228.0 3.75 1.97 3.75 1.97 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9.55 5.75 Food Articles 14.33709 219.8 5.12 2.57 5.12 2.57 10.92 6.08 Cereals 3.37323 213.1 2.22 -0.14 2.22 -0.14 6.84 15.63 Rice 1.79348 207.6 1.08 0.39 1.08 0.39 5.98 17.09 Wheat 1.11595 204.2 4.18 -1.02 4.18 -1.02 5.97 13.89 Pulses 0.71662 232.7 0.33 0.13 0.33 0.13 11.29 10.28 Vegetables 1.73553 216.1 25.05 14.82 25.05 14.82 61.85 -9.05 Potato 0.20150 169.6 37.28 11.58 37.28 11.58 59.30 -2.42 Onion 0.17794 267.6 2.65 0.98 2.65 0.98 -11.03 91.69 Fruits 2.10717 198.4 11.68 7.42 11.68 7.42 -15.34 0.71 Milk 3.23818 211.1 0.79 0.43 0.79 0.43 15.68 4.04 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Egg, Meat Fish 2.41384 253.8 0.17 -0.35 0.17 -0.35 17.54 10.44 Non-Food Articles 4.25756 209.7 2.63 1.35 2.63 1.35 1.40 7.59 Fibres 0.87737 219.1 1.28 -0.63 1.28 -0.63 -30.98 11.11 Oil Seeds 1.78051 210.1 3.91 3.09 3.91 3.09 16.72 18.03 Minerals 1.52350 355.0 -1.92 -0.67 -1.92 -0.67 15.91 0.88 FUEL POWER 14.91021 194.6 0.56 -0.66 0.56 -0.66 12.10 8.84 Liquefied petroleum gas 0.91468 183.2 1.09 -1.03 1.09 -1.03 15.52 23.04 Petrol 1.09015 183.1 0.00 -1.98 0.00 -1.98 12.04 3.04 High speed diesel 4.67020 203.7 0.00 0.15 0.00 0.15 9.24 21.39 MANUFACTURED PRODUCTS 64.97164 148.7 0.84 0.20 0.84 0.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 5.27 3.41 Food Products 9.97396 165.8 0.91 0.55 0.91 0.55 6.36 6.62 Sugar 1.73731 192.2 0.63 0.16 0.63 0.16 3.16 8.90 Edible Oils 3.04293 145.2 1.84 0.14 1.84 0.14 11.18 0.69 Beverages, Tobacco Tobacco Product 1.76247 181.2 0.83 1.74 0.83 1.74 9.41 6.78 Cotton Textiles 2.60526 150.7 0.85 1.34 0.85 1.34 -9.41 5.75 Man Made Textiles 2.20573 127.1 0.42 -0.08 0.42 -0.08 -1.87 5.39 Wood Wood Products 0.58744 174.0 0.79 0.29 0.79 0.29 8.49 4.76 Paper Paper Products 2.03350 140.0 0.83 0.00 0.83 0.00 2.29 4.63 Leather Leather Products 0.83509 135.1 0.30 0.60 0.30 0.60 4.26 2.27 Rubber Plastic Products ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.98697 139.5 0.37 0.07 0.37 0.07 1.20 3.26 Chemicals Chemical Products 12.01770 145.8 0.79 0.21 0.79 0.21 7.10 3.92 Non-Metallic Mineral Products 2.55597 166.6 0.95 -0.66 0.95 -0.66 7.25 4.32 Cement Lime 1.38646 171.8 1.10 -0.06 1.10 -0.06 6.87 4.18 Basic Metals Alloys Metal Product 10.74785 164.3 1.59 -0.30 1.59 -0.30 11.12 -0.96 Iron Semis 1.56301 155.5 1.82 0.45 1.82 0.45 18.48 -7.44 Machinery Machine Tools 8.93148 129.6 0.00 0.08 0.00 0.08 2.02 2.53 Transport Equipment Parts 5.21282 132.4 0.32 0.08 0.32 0.08 3.43 4.42 Annexure-II Trend of Rate of Inflation for some important items during last six months Commodities/Major Groups/Groups/Sub-Groups Weight (%) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rate of Inflation for the last six months Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 ALL COMMODITIES 100.00 4.89 5.96 7.28 7.31 7.31 7.24 PRIMARY ARTICLES 20.12 5.75 7.60 10.54 11.41 10.56 9.56 Food Articles 14.34 6.08 8.73 11.95 12.35 10.63 8.80 Cereals 3.37 15.63 18.36 18.63 18.60 19.08 17.84 Rice 1.79 17.09 17.90 17.75 17.77 17.10 15.28 Wheat 1.12 13.89 19.87 21.81 21.87 22.63 23.25 Pulses 0.72 10.28 10.51 13.95 15.89 16.25 18.77 Vegetables 1.74 -9.05 -0.95 19.88 30.02 14.36 -1.53 Potato 0.20 -2.42 20.06 50.14 73.10 58.03 67.85 Onion 0.18 91.69 94.85 182.36 125.17 72.79 16.55 Fruits 2.11 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.71 4.71 10.16 10.28 4.84 7.43 Milk 3.24 4.04 4.42 4.52 4.52 6.15 6.18 Egg, Meat Fish 2.41 10.44 11.03 12.37 11.20 12.66 14.24 Non-Food Articles 4.26 7.59 8.95 10.71 13.00 13.56 14.04 Fibres 0.88 11.11 13.25 5.38 3.27 0.69 -1.34 Oil Seeds 1.78 18.03 18.97 24.35 27.05 30.02 30.60 Minerals 1.52 0.88 -0.39 2.79 4.03 5.57 6.88 FUEL POWER 14.91 8.84 10.18 10.64 9.27 10.25 9.97 Liquefied petroleum gas 0.91 23.04 25.66 26.21 24.24 19.01 4.01 Petrol 1.09 3.04 5.12 4.84 3.43 3.43 1.48 High speed diesel 4.67 21.39 21.22 20.80 18.47 14.60 14.60 MANUFACTURED PRODUCTS 64.97 3.41 4.07 4.80 4.95 5.04 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5.41 Food Products 9.97 6.62 7.01 8.81 8.68 8.74 9.25 Sugar 1.74 8.90 9.41 10.49 10.09 9.84 15.48 Edible Oils 3.04 0.69 2.40 7.04 7.54 9.20 9.76 Beverages, Tobacco Tobacco Product 1.76 6.78 5.82 6.38 6.76 7.14 8.13 Cotton Textiles 2.61 5.75 5.24 5.27 5.10 4.89 5.46 Man Made Textiles 2.21 5.39 5.91 6.59 6.26 5.55 4.36 Wood Wood Products 0.59 4.76 5.28 5.80 6.17 6.90 5.98 Paper Paper Products 2.03 4.63 5.50 5.37 5.61 4.08 3.47 Leather Leather Products 0.84 2.27 1.97 2.84 2.44 2.66 2.50 Rubber Plastic Products 2.99 3.26 3.57 3.80 3.65 3.51 3.30 Chemicals Chemical Products 12.02 3.92 4.53 5.73 5.66 5.86 6.27 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Non-Metallic Mineral Products 2.56 4.32 6.01 6.02 5.71 4.10 4.75 Cement Lime 1.39 4.18 5.40 5.86 5.18 2.23 4.73 Basic Metals Alloys Metal Product 10.75 -0.96 0.92 1.91 2.54 3.18 4.45 Iron Semis 1.56 -7.44 -6.18 -4.03 -2.76 -0.19 4.32 Machinery Machine Tools 8.93 2.53 2.45 2.38 2.62 2.55 2.63 Transport Equipment Parts 5.21 4.42 4.67 4.93 4.70 4.71 4.39 DS/RK (Release ID :95962) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.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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