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TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100)X 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) - News and Press Release Dated:- 15-3-2017 - News - Press Information Bureau Government of India Ministry of Commerce Industry 14-March-2017 12:02 IST Review for the month of February, 2017 The official Wholesale Price Index for All Commodities (Base: 2004-05=100) for the month of February, 2017 rose by 0.5 percent to 185.5 (provisional) from 184.6 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.55% (provisional) for the month of February, 2017 (over February, 2016) as compared to 5.25% (provisional) for the previous month and -0.85% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.82% compared to a build up rate of -1.14% 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 0.9 percent to 258.1 (pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovisional) from 255.7 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:- The index for Food Articles group rose by 0.1 percent to 267.5 (provisional) from 267.2 (provisional) for the previous month due to higher price of fruits vegetables (5%), jowar and poultry chicken (2% each) and rice, bajra, fish-inland, ragi and beef buffalo meat (1% each). However, the price of gram (14%), arhar (7%), condiments spices (6%), urad (5%), tea and masur (3% each), egg, moong and maize (2% each) and wheat and coffee (1% each) declined. The index for Non-Food Articles group rose by 1.5 percent to 234.8 (provisional) from 231.3 (provisional) for the previous month due to higher price of flowers (13%), copra (coconut) (9%), raw rubber (8%), raw silk (4%), raw cotton (3%), gingelly seed (2%) and coir fibre, fodder, safflower (kardi seed), niger seed and cotton seed (1% each). However, the price of linseed, rape mustard seed, soyabean and mesta (2% each) and sunflower, raw wool, groundnut seed, hides (raw) and castor seed (1% each) declined. The index for Minerals group rose by 9.0 percent to 234.8 (provisional) f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom 215.5 (provisional) for the previous month due to higher price of manganese ore (24%), crude petroleum (13%), copper ore (11%), chromite (8%), iron ore (3 %) and zinc concentrate (2%). However, the price of sillimanite (11%) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 1.3 percent to 203.8 (provisional) from 201.2 (provisional) for the previous month due to higher price of coking coal (15%), aviation turbine fuel (3%), bitumen (2%) and kerosene, high speed diesel, LPG and lignite (1% each). However, the price of furnace oil (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group remained unchanged at its previous month s level of 158.8 (provisional). The groups and items for which the index showed variations during the month are as follows:- The index for Beverages, Tobacco Tobacco Products group declined by 0.2 percent to 221.5 (provisional) from 221.9 (provisional) for the previous month due to lower price of zarda (7%) and beer (3%). However, the price of soft drinks carbonated water and rectified spirit (1% each) moved up. The index for Textiles group rose by 0.2 percent to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 142.6 (provisional) from 142.3 (provisional) for the previous month due to higher price of tyre cord fabric (4%) and man made fabric (2%). However, the price of jute sacking cloth and jute sacking bag (1% each) declined. The index for Wood Wood Products group declined by 0.4 percent to 191.8 (provisional) from 192.6 (provisional) for the previous month due to lower price of plywood fibre board (1%). The index for Leather Leather Products group declined by 0.3 percent to 145.1 (provisional) from 145.5 (provisional) for the previous month due to lower price of leather footwear (1%). However, the price of leathers (1%) moved up. The index for Rubber Plastic Products group rose by 0.2 percent to 148.9 (provisional) from 148.6 (provisional) for the previous month due to higher price of rubber products (1%). The index for Chemicals Chemical Products group rose by 0.4 percent to 151.5 (provisional) from 150.9 (provisional) for the previous month due to higher price of non-cyclic compound (4%), turpentine oil (3%) and basic organic chemicals, synthetic resin, explosives, ayurvedic medicines and toilet soap (1% each). However, the price of rubber chemicals and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pesticides (1% each) declined. The index for Non-Metallic Mineral Products group rose by 0.1 percent to 178.8 (provisional) from 178.6 (provisional) for the previous month due to higher price of railway sleeper (3%) and grey cement (1%). However, the price of glass bottles bottleware and marbles (1% each) declined. The index for Basic Metals, Alloys Metal Products group declined by 0.5 percent to 160.4 (provisional) from 161.2 (provisional) for the previous month due to lower price of pig iron (5%), pipes/tubes/rods/strips, gp/gc sheets and wire rods (3% each), pencil ingots and HRC (2% each) and rounds, angles, sheets, CRC and rebars (1% each). However, the price of ferro chrome (7 %) and steel castings, gold gold ornaments, pressure cooker, silver, iron steel wire, steel: pipes tubes, ferro silicon and aluminium (1% each) moved up. The index for Transport, Equipment Parts group rose by 0.5 percent to 140.5 (provisional) from 139.8 (provisional) for the previous month due to higher price of auto rickshaw / tempo / matador (4%) and auto parts (1%). FINAL INDEX FOR THE MONTH OF DECEMBER, 2016 (BASE YEAR: 2004-05=100) For the month of December, 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 016, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 183.3 as compared to 182.8 (provisional) and annual rate of inflation based on final index stood at 3.68 percent as compared to 3.39 percent (provisional) respectively as reported on 16.01.2017. Next date of press release: 17/04/2017 for the month of March, 2017 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 February, 2017 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Feb- 2017 Latest month over month Build up from March Year on year 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 ALL COMMODITIES 100.00000 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 185.5 -0.74 0.49 -1.14 5.82 -0.85 6.55 PRIMARY ARTICLES 20.11815 258.1 -2.65 0.94 2.85 4.88 2.03 5.00 Food Articles 14.33709 267.5 -3.05 0.11 4.49 3.08 3.91 2.69 Cereals 3.37323 255.9 0.25 0.39 4.37 6.05 3.30 6.09 Rice 1.79348 249.4 0.00 1.38 2.27 4.48 -0.08 4.40 Wheat 1.11595 247.7 0.00 -1.04 6.08 8.55 6.03 8.36 Pulses 0.71662 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 352.4 -4.10 -10.42 37.78 1.70 38.37 -0.79 Vegetables 1.73553 203.3 -23.73 3.62 1.98 -4.28 -2.94 -8.05 Potato 0.20150 137.1 -0.73 -9.33 -0.53 -14.90 -7.39 -8.84 Onion 0.17794 251.4 -12.68 -0.40 -6.83 -8.11 -10.20 -18.85 Fruits 2.10717 253.7 2.11 5.62 -2.87 6.82 -1.66 7.14 Milk 3.23818 261.6 0.36 0.11 1.78 3.03 1.74 3.93 Egg, Meat Fish 2.41384 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 309.5 0.10 0.29 2.79 2.89 3.40 3.79 Non-Food Articles 4.25756 234.8 -2.82 1.51 8.79 6.82 7.09 6.53 Fibres 0.87737 252.4 -1.31 2.35 9.26 20.82 10.17 19.45 Oil Seeds 1.78051 211.1 -2.51 -0.09 2.54 -0.24 3.46 0.72 Minerals 1.52350 234.8 4.31 8.96 -26.35 21.72 -27.65 31.03 FUEL POWER 14.91021 203.8 -1.12 1.29 -10.43 18.21 -7.06 21.02 Liquefied petroleum gas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.91468 168.9 -1.58 1.14 -0.49 5.50 -0.37 4.32 Petrol 1.09015 179.4 -0.52 0.39 -6.90 20.56 -1.03 16.72 High speed diesel 4.67020 231.4 -0.46 1.09 -14.47 26.24 -7.75 33.14 MANUFACTURED PRODUCTS 64.97164 158.8 0.33 0.00 -0.45 3.05 -0.52 3.66 Food Products 9.97396 194.5 0.74 0.00 4.64 8.30 4.34 9.27 Sugar 1.73731 226.8 3.66 2.30 7.22 19.18 5.23 21.22 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Edible Oils 3.04293 157.6 0.13 -0.38 2.97 5.28 2.40 5.70 Beverages, Tobacco Tobacco Product 1.76247 221.5 1.21 -0.18 2.66 4.58 2.91 6.18 Cotton Textiles 2.60526 162.2 0.39 -0.06 -1.14 4.11 -1.27 4.04 Man Made Textiles 2.20573 130.9 0.31 0.85 -2.49 1.39 -2.34 1.24 Wood Wood Products 0.58744 191.8 0.41 -0.42 3.69 -2.64 3.80 -2.49 Paper Paper Products 2.03350 157.7 -0.06 0.00 1.64 1.22 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.64 1.48 Leather Leather Products 0.83509 145.1 0.76 -0.27 2.74 -0.48 2.96 -0.75 Rubber Plastic Products 2.98697 148.9 -0.14 0.20 -2.16 2.48 -1.89 2.62 Chemicals Chemical Products 12.01770 151.5 0.00 0.40 -0.93 1.27 -0.73 1.34 Non-Metallic Mineral Products 2.55597 178.8 -0.45 0.11 -0.78 0.22 0.62 0.85 Cement Lime 1.38646 175.2 -0.63 0.52 -2.98 -0.28 -0.92 1.62 Basic Metals Alloys Metal Product 10.74785 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 160.4 0.94 -0.50 -6.92 4.56 -7.89 6.44 Iron Semis 1.56301 140.7 -0.45 -2.02 -11.42 3.23 -12.82 6.67 Machinery Machine Tools 8.93148 135.4 0.22 0.00 0.00 0.22 -0.15 0.30 Transport Equipment Parts 5.21282 140.5 0.07 0.50 1.24 1.08 1.39 1.08 Annexure-II Trend of Rate of Inflation for some important items during last six months ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Commodities/Major Groups/Groups/Sub-Groups Weight (%) Rate of Inflation for the last six months Feb-17 Jan-17 Dec-16 Nov-16 Oct-16 Sept-16 ALL COMMODITIES 100.00 6.55 5.25 3.68 3.38 3.79 3.80 PRIMARY ARTICLES 20.12 5.00 1.27 0.90 1.95 4.18 5.36 Food Articles 14.34 2.69 -0.56 -0.77 2.10 4.79 6.39 Cereals 3.37 6.09 5.94 9.67 9.61 8.34 9.07 Rice 1.79 4.40 2.97 6.87 7.29 7.04 7.10 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Wheat 1.12 8.36 9.49 15.78 13.83 9.17 9.97 Pulses 0.72 -0.79 6.21 17.78 21.78 22.02 23.99 Vegetables 1.74 -8.05 -32.32 -34.89 -23.74 -10.01 -10.91 Potato 0.20 -8.84 -0.20 11.51 36.82 60.58 73.60 Onion 0.18 -18.85 -28.86 -37.20 -51.51 -66.06 -70.59 Fruits 2.11 7.14 3.58 -1.50 2.41 6.03 14.14 Milk 3.24 3.93 4.19 4.11 4.19 4.35 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.43 Egg, Meat Fish 2.41 3.79 3.59 2.73 5.82 6.20 7.44 Non-Food Articles 4.26 6.53 1.98 0.54 0.00 2.49 4.67 Fibres 0.88 19.45 15.18 11.88 14.05 17.91 19.32 Oil Seeds 1.78 0.72 -1.72 -3.53 -5.05 -3.15 2.25 Minerals 1.52 31.03 25.44 24.76 5.85 1.39 -3.79 FUEL POWER 14.91 21.02 18.14 8.65 7.07 6.24 5.64 Liquefied petroleum gas 0.91 4.32 1.52 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.09 1.87 0.94 -0.74 Petrol 1.09 16.72 15.66 8.52 5.54 3.57 1.25 High speed diesel 4.67 33.14 31.10 20.25 19.26 19.32 19.08 MANUFACTURED PRODUCTS 64.97 3.66 3.99 3.81 3.14 2.94 2.54 Food Products 9.97 9.27 10.07 10.92 10.73 10.93 11.38 Sugar 1.74 21.22 22.83 28.10 32.00 30.94 32.86 Edible Oils 3.04 5.70 6.25 5.60 3.85 4.46 6.14 Beverages, Tobacco Tob ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... acco Product 1.76 6.18 7.67 7.71 7.56 7.67 7.67 Cotton Textiles 2.61 4.04 4.51 4.45 3.48 3.59 3.20 Man Made Textiles 2.21 1.24 0.70 -0.39 -0.92 -0.84 -1.06 Wood Wood Products 0.59 -2.49 -1.68 -0.67 -0.25 0.41 3.30 Paper Paper Products 2.03 1.48 1.41 1.68 1.81 0.97 1.10 Leather Leather Products 0.84 -0.75 0.28 0.90 1.45 1.87 0.07 Rubber Plastic Products 2.99 2.62 2.27 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.92 1.44 1.02 0.61 Chemicals Chemical Products 12.02 1.34 0.94 0.60 0.47 0.13 -0.07 Non-Metallic Mineral Products 2.56 0.85 0.28 0.22 0.06 1.92 1.64 Cement Lime 1.39 1.62 0.46 -0.06 -0.91 2.54 1.95 Basic Metals Alloys Metal Product 10.75 6.44 7.97 5.95 3.03 1.23 -0.90 Iron Semis 1.56 6.67 8.38 5.17 1.63 -0.36 -6.26 Machinery Machine Tools 8.93 0.30 0.52 0.52 0.44 0.37 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.22 Transport Equipment Parts 5.21 1.08 0.65 1.38 1.30 1.45 1.60 MJPS - 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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