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TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100), Review for the month of June, 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 June, 2013 - News and Press Release Dated:- 15-7-2013 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month June, 2013 rose by 0.6 percent to 172.7 (provisional) from 171.6 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.86% (provisional) for the month of June, 2013 (over June, 2012) as compared to 4.70% (provisional) for the previous month and 7.58% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.53% compared to a buildup rate of 2.30% 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 1.4 percent to 232.5 (provisional) from 229.3 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:- The index ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for Food Articles group rose by 3.0 percent to 229.8 (provisional) from 223.1 (provisional) for the previous month due to higher price of poultry chicken (17%), fruits vegetables (8%), egg (6%), maize (4%), masur and rice (3% each), fish-marine and wheat (2% each) and pork, barley, moong and fish-inland (1% each). However, the price of jowar, gram and urad (2% each) and ragi and condiments spices (1% each) declined. The index for `Non-Food Articles` group rose by 0.1 percent to 208.8 (provisional) from 208.5 (provisional) for the previous month due to higher price of raw cotton (6%), fodder, copra (coconut) and gingelly seed (5% each), safflower (kardi seed) and raw rubber (4% each), raw silk, rape mustard seed, tobacco and flowers (2% each) and sunflower, coir fibre and castor seed (1% each). However, the price of guar seed (11%), soyabean (7%), groundnut seed (6%), niger seed and raw jute (4% each) and mesta and linseed (2% each) declined. The index for `Minerals` group declined by 6.2 percent to 324.9 (provisional) from 346.5 (provisional) for the previous month due to lower price of copper ore (16%), iron ore (12%), sillimanite (6%), zinc concentrate and st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eatite (3% each), crude petroleum (2%) and magnesite (1%). However, the price of chromite and manganese ore (2% each) moved up. FUEL POWER (Weight 14.91%) The index for this major group rose by 1.0 percent to 194.0 (provisional) from 192.0 (provisional) for the previous month due to higher price of light diesel oil and naphtha (3% each), non-coking coal, furnace oil and petrol (2% each) and high speed diesel and bitumen (1% each). MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.1 percent to 149.3 (provisional) from 149.1 (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 0.4 percent to 167.7 (provisional) from 167.1 (provisional) for the previous month due to higher price of gur (5%), wheat flour (atta), tea leaf (blended), canned fish, sooji (rawa) and tea dust (unblended) (2% each) and processed prawn, tea dust (blended), mixed spices, palm oil, maida and copra oil (1% each). However, the price of gingelly oil (5%), groundnut oil (4%), coffee powder (2%) and rice bran oil and oil cakes (1% each) declin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed. The index for `Beverages, Tobacco Tobacco Products` group declined by 0.3 percent to 181.4 (provisional) from 181.9 (provisional) for the previous month due to lower price of dried tobacco (5%) and imfl - blended (1%). The index for `Textiles` group rose by 0.2 percent to 135.3 (provisional) from 135.0 (provisional) for the previous month due to higher price of man made fabric (3%) and tyre cord fabric (1%). However, the price of woollen textiles (2%) declined. The index for `Wood Wood Products` group rose by 0.6 percent to 175.3 (provisional) from 174.3 (provisional) for the previous month due to higher price of plywood fibre board (1%). The index for `Paper Paper Products` group declined by 0.1 percent to 140.5 (provisional) from 140.7 (provisional) for the previous month due to lower price of corrugated sheet boxes, paper rolls and paper cartons / boxes (1%). However, the price of card board (4%) and maplitho paper (1%) moved up. The index for `Leather Leather Products` group rose by 1.5 percent to 138.1 (provisional) from 136.1 (provisional) for the previous month due to higher price of leather footwear (2%). The index for `Rubber Plastic Products` g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roup rose by 1.9 percent to 142.4 (provisional) from 139.7 (provisional) for the previous month due to higher price of tyres (4%), plastic products (2%) and rubber products (1%). The index for `Chemicals Chemical Products` group declined by 0.1 percent to 146.0 (provisional) from 146.1 (provisional) for the previous month due to lower price of di ammonium phosphate (4%) and non-cyclic compound (1%). However, the price of safety matches/ match box (8%), explosives (7%), antacid and digestive preparations (3%), hair / body oils and pigment pigment intermediates (2% each) and pesticides, agarbattis, vaccines, thermocol, washing soap and paints (1% each) moved up. The index for `Non-Metallic Mineral Products` group rose by 1.1 percent to 166.6 (provisional) from 164.8 (provisional) for the previous month due to higher price of slag cement and bricks tiles (5% each), marbles (3%) and polished granite (1%). However, the price of glass bottles bottleware (1%) declined. The index for 'Basic Metals, Alloys Metal Products' group declined by 0.5 percent to 163.0 (provisional) from 163.8 (provisional) for the previous month due to lower price of silver (7%), sponge iron, gold ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gold ornaments, melting scrap and pencil ingots (2% each) and ferro chrome, iron steel wire, pig iron, steel: pipes tubes, sheets, steel castings and wire rods (1% each). However, the price of copper / copper ingots (2%) and angles and aluminium (1% each) moved up. The index for 'Machinery Machine Tools' group rose by 0.2 percent to 130.4 (provisional) from 130.1 (provisional) for the previous month due to higher price of pvc insulated cable (7%), electric switches (4%) and electric motors and plastic machinery (1% each). However, the price of control equipments (2%) and t.v. sets, computers, ball/roller bearing, lamps and insulators (1% each) declined. The index for `Transport, Equipment Parts` group rose by 0.5 percent to 132.7 (provisional) from 132.1 (provisional) for the previous month due to higher price of railway brake gear (3%), parts of ships/boats etc. (2%) and motor vehicles (1%). FINAL INDEX FOR THE MONTH OF APRIL, 2013 (BASE YEAR: 2004-05=100) For the month of April, 2013, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 171.3 as compared to 171.5 (provisional) and annual rate of inflation based on final index st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ood at 4.77 percent as compared to 4.89 percent respectively as reported on 14.05.2013. Annexure-I Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of June, 2013 Commodities/Major Groups/Groups/Sub-Groups Weight WPI June, 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 172.7 0.49 0.64 2.30 1.53 7.58 4.86 PRIMARY ARTICLES 20.11815 232.5 0.00 1.40 3.46 4.21 9.75 8.14 Food Articles 14.33709 229.8 1.60 3.00 6.24 7.33 10.91 9.74 Cereals 3.37323 218.3 1.09 2.10 3.33 2.73 6.64 17.18 Rice 1.79348 216.3 2.02 2.56 3.53 4.90 7.46 19.11 Wheat 1.11595 205.0 0.78 1.84 4.65 -0.19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6.76 13.83 Pulses 0.71662 229.7 3.43 -0.82 7.51 -1.46 20.59 1.59 Vegetables 1.73553 286.4 9.43 21.56 29.42 53.32 50.12 16.47 Potato 0.20150 199.7 14.40 1.63 83.89 36.22 84.91 -14.22 Onion 0.17794 337.9 14.25 23.86 16.10 17.90 -9.46 114.00 Fruits 2.10717 184.5 -5.02 -6.35 5.05 -1.02 -4.93 -0.43 Milk 3.23818 213.7 0.93 0.23 2.33 1.67 7.46 3.74 Egg, Meat Fish 2.41384 265.2 2.25 3.19 3.01 3.76 16.69 12.23 Non-Food Articles 4.25756 208.8 -2.36 0.14 2.21 0.58 7.18 7.57 Fibres 0.87737 228.3 -1.58 4.20 2.16 4.15 -12.72 14.78 Oil Seeds 1.78051 202.5 0.16 -2.46 7.47 -1.27 18.47 9.99 Minerals 1.52350 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 324.9 -5.17 -6.23 -8.97 -7.65 7.58 -0.52 FUEL POWER 14.91021 194.0 1.23 1.04 1.86 1.25 12.07 7.12 Liquefied petroleum gas 0.91468 160.3 0.00 -0.06 0.95 -0.87 11.30 7.80 Petrol 1.09015 177.9 5.47 1.77 8.55 -6.07 11.89 -7.78 High speed diesel 4.67020 206.0 0.00 1.33 0.00 2.13 6.81 22.77 MANUFACTURED PRODUCTS 64.97164 149.3 0.48 0.13 1.89 0.40 5.37 2.75 Food Products 9.97396 167.7 0.45 0.36 2.27 1.27 5.91 6.41 Sugar 1.73731 191.8 0.06 -0.05 2.00 0.00 7.13 7.21 Edible Oils 3.04293 146.1 0.21 -0.54 3.18 -0.41 9.52 0.00 Beverages, Tobacco Tobacco Product 1.76247 181.4 0.35 -0.27 1.78 -0.11 5.81 5.90 Cotton Textiles ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.60526 152.2 0.55 0.00 2.62 1.40 -4.79 4.97 Man Made Textiles 2.20573 127.5 0.33 0.63 1.25 0.00 0.75 4.85 Wood Wood Products 0.58744 175.3 0.78 0.57 1.82 0.69 4.42 4.47 Paper Paper Products 2.03350 140.5 0.22 -0.14 1.36 0.21 2.28 4.46 Leather Leather Products 0.83509 138.1 0.15 1.47 0.99 2.52 2.86 3.83 Rubber Plastic Products 2.98697 142.4 0.07 1.93 0.97 2.08 2.26 4.78 Chemicals Chemical Products 12.01770 146.0 0.35 -0.07 1.94 0.07 7.34 2.89 Non-Metallic Mineral Products 2.55597 166.6 0.88 1.09 1.96 -0.12 7.68 3.29 Cement Lime 1.38646 170.3 1.58 0.29 2.70 -1.16 9.05 1.67 Basic Metals Alloys Metal Product 10.74785 163.0 0.30 -0.49 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.14 -1.09 10.10 -2.28 Iron Semis 1.56301 153.0 -0.12 -1.35 1.27 -1.16 13.98 -8.44 Machinery Machine Tools 8.93148 130.4 0.55 0.23 1.03 0.77 2.98 2.11 Transport Equipment Parts 5.21282 132.7 0.71 0.45 1.42 0.38 3.55 3.51 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 June-13 May-13 Apr-13 Mar-13 Feb-13 Jan-13 ALL COMMODITIES 100.00 4.86 4.70 4.77 5.65 7.28 7.31 PRIMARY ARTICLES 20.12 8.14 6.65 5.06 7.36 10.54 11.41 Food Articles 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.34 9.74 8.25 6.08 8.63 11.95 12.35 Cereals 3.37 17.18 16.01 15.52 17.86 18.63 18.60 Rice 1.79 19.11 18.48 17.09 17.56 17.75 17.77 Wheat 1.12 13.83 12.65 13.55 19.35 21.81 21.87 Pulses 0.72 1.59 5.95 10.52 10.84 13.95 15.89 Vegetables 1.74 16.47 4.85 -8.88 -1.68 19.88 30.02 Potato 0.20 -14.22 -3.44 -0.63 15.80 50.14 73.10 Onion 0.18 114.00 97.40 90.83 110.74 182.36 125.17 Fruits 2.11 -0.43 0.97 0.56 5.67 10.16 10.28 Milk 3.24 3.74 4.46 4.04 4.42 4.52 4.52 Egg, Meat Fish 2.41 12.23 11.21 10.44 11.42 12.37 11.20 Non-Food Articles 4.26 7.57 4.88 7.59 9.32 10.71 13.00 Fibres ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.88 14.78 8.41 10.90 12.58 5.38 3.27 Oil Seeds 1.78 9.99 12.95 18.20 19.73 24.35 27.05 Minerals 1.52 -0.52 0.61 -4.52 -1.95 2.79 4.03 FUEL POWER 14.91 7.12 7.32 8.33 7.76 10.64 9.27 Liquefied petroleum gas 0.91 7.80 7.87 8.33 9.78 26.21 24.24 Petrol 1.09 -7.78 -4.43 2.81 6.58 4.84 3.43 High speed diesel 4.67 22.77 21.16 20.56 20.20 20.80 18.47 MANUFACTURED PRODUCTS 64.97 2.75 3.11 3.69 4.28 4.80 4.95 Food Products 9.97 6.41 6.50 7.27 7.46 8.81 8.68 Sugar 1.74 7.21 7.33 8.67 9.35 10.49 10.09 Edible Oils 3.04 0.00 0.75 2.01 3.60 7.04 7.54 Beverages, Tobacco Tobacco Product 1.76 5.90 6.56 7.13 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.90 6.38 6.76 Cotton Textiles 2.61 4.97 5.55 6.74 6.23 5.27 5.10 Man Made Textiles 2.21 4.85 4.54 5.39 6.16 6.59 6.26 Wood Wood Products 0.59 4.47 4.68 4.70 5.64 5.80 6.17 Paper Paper Products 2.03 4.46 4.84 4.86 5.65 5.37 5.61 Leather Leather Products 0.84 3.83 2.48 2.65 2.28 2.84 2.44 Rubber Plastic Products 2.99 4.78 2.87 4.15 3.64 3.80 3.65 Chemicals Chemical Products 12.02 2.89 3.32 4.21 4.81 5.73 5.66 Non-Metallic Mineral Products 2.56 3.29 3.06 4.07 5.44 6.02 5.71 Cement Lime 1.39 1.67 2.97 3.88 5.64 5.86 5.18 Basic Metals Alloys Metal Product 10.75 -2.28 -1.50 -0.96 0.92 1.91 2.54 Iron Semis 1.56 -8.44 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.29 -7.56 -6.18 -4.03 -2.76 Machinery Machine Tools 8.93 2.11 2.44 2.85 2.37 2.38 2.62 Transport Equipment Parts 5.21 3.51 3.77 4.18 4.59 4.93 4.70 - 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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