Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 11 2011 2011 (11) This

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 5th November, 2011 (14 Kartika, 1933 Saka) .

17-11-2011
  • Contents

Press Information Bureau
Government of India
Ministry of Commerce & Industry

17-November-2011 11:51 IST

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 5th November, 2011 (14 Kartika, 1933 Saka)

The WPI for the week ended 5th November, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

PRIMARY ARTICLES (Weight 20.12%) 

The index for this major group declined by 0.8 percent to 203.0 (Provisional) from 204.7 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 10.39 percent (Provisional) for the week ended 05/11/2011 (over 06/11/2010) as compared to 11.43 percent (Provisional) for the previous week (ended 29/10/2011). 

The groups and items for which the index showed variations during the week are as follows:-

The index for ‘Food Articles’ group declined by 0.9 percent to 199.8 (Provisional) from 201.7  (Provisional) for the previous week due to lower prices of fish-inland (5%), masur (4%), poultry chicken (3%), fruits & vegetables (2%) and ragi, urad, maize, gram, wheat and condiments & spices     (1% each).  However, the prices of bajra (3%), jowar (2%) and tea (1%) moved up.

The index for ‘Non-Food Articles’ group declined by 0.9 percent to 175.9 (Provisional) from 177.5  (Provisional) for the previous week due to lower prices of logs & timber (17%), mesta (10%),      flowers (6%), raw rubber and rape & mustard seed (3% each) and raw jute (2%).  However, the prices of castor seed (5%), sunflower (2%) and soyabean, linseed and gaur seed (1% each) moved up.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by 1.0 percent to 171.5 (Provisional) from 169.8 (Provisional) for the previous week due to higher prices of aviation turbine fuel (6%), furnace oil (5%), naphtha (4%) and light diesel oil and petrol (3% each).

The annual rate of inflation, calculated on point to point basis, stood at 15.49 percent (Provisional) for the week ended 05/11/2011 (over 06/11/2010) as compared to 14.50 percent (Provisional) for the previous week (ended 29/10/2011). 

Build up inflation over the week, financial year end and over the year is given in Annexure-I for some important items. Trend of rate of inflation during last six weeks is also given for some important items in Annexure II.

Next date of press release: 24/11/2011 for the week ending 12/11/2011

Office of the Economic Adviser, Ministry of Commerce & Industry, New Delhi, 17/11/2011

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]

 

Week Ending 5th November, 2011 (Base: 2004-05)

Commodities/Major Groups/Groups/Sub-Groups

Weight

WPI Nov 05, 2011

Latest week over week

Build up from end March

Year on year

52 week Average

 

2010-11

2011-12

2010-11

2011-12

2010-11

2011-12

Primary Articles

20.12

203.0

0.11

-0.83

10.38

7.75

15.37

10.39

13.77

Food Articles

14.34

199.8

0.11

-0.94

9.85

11.56

11.41

10.63

10.57

Cereals

3.37

175.9

0.24

-0.28

2.47

2.57

2.85

3.53

4.01

Rice

1.79

175.5

0.00

-0.23

3.43

5.22

3.88

4.03

3.60

Wheat

1.12

164.5

0.95

-0.96

-0.23

-3.58

-0.23

-3.63

-1.21

Pulses

0.72

213.2

-1.90

-0.88

-6.94

12.57

-7.59

14.44

-5.44

Vegetables

1.74

232.0

-0.22

0.74

40.56

61.79

-5.25

27.26

15.86

Potato

0.20

151.5

-1.52

-0.46

46.32

41.19

-53.88

1.61

-7.73

Onion

0.18

240.8

8.66

3.84

99.17

42.74

25.27

-22.89

33.37

Fruits

2.11

173.5

1.30

-3.88

12.66

-6.87

20.37

5.99

20.93

Milk

3.24

196.9

0.79

-0.15

4.28

13.16

18.61

10.74

10.36

Egg, Meat & Fish

2.41

218.2

-0.86

-1.76

11.60

10.54

28.15

11.73

12.04

Non-Food Articles

4.26

175.9

0.12

-0.90

10.89

-8.24

24.16

5.33

20.99

Fibres

0.88

211.8

0.36

-0.24

28.57

-26.20

39.40

8.45

48.47

Oil Seeds

1.78

153.1

-0.65

-0.13

1.62

1.46

4.46

10.86

10.02

Minerals

1.52

309.2

0.00

0.00

13.13

15.98

28.87

18.02

22.84

Fuel & Power

14.91

171.5

0.13

1.00

6.00

8.61

10.57

15.49

12.61

Liquefied Petroleum Gas

0.91

147.3

0.00

0.00

14.99

14.27

15.30

14.27

13.96

Petrol

1.09

186.0

0.00

2.71

10.71

17.28

17.56

30.43

25.24

High Speed Diesel Oil

4.67

167.8

0.07

0.00

6.22

9.24

14.71

9.24

9.58

 

Annexure-II

 

Trend of Rate of Inflation for some important items during last six weeks

 

Commodities/Major Groups/Groups/Sub-Groups

Weight (%)

Rate of Inflation for the week ending

05-Nov-11

29-Oct-11

22-Oct-11

15-Oct-11

08-Oct-11

01-Oct-11

Primary Articles

20.12

10.39

11.43

12.08

11.75

11.18

10.60

Food Articles

14.34

10.63

11.81

12.21

11.43

10.60

9.32

Cereals

3.37

3.53

4.07

4.13

4.62

4.73

5.41

Rice

1.79

4.03

4.27

4.21

4.26

4.42

5.86

Wheat

1.12

-3.63

-1.77

-1.54

-0.95

-0.18

-0.24

Pulses

0.72

14.44

13.27

11.65

9.06

7.42

6.87

Vegetables

1.74

27.26

26.05

28.89

25.00

17.59

13.01

Potato

0.20

1.61

0.53

0.98

-0.45

1.73

3.79

Onion

0.18

-22.89

-19.31

-20.33

-18.93

-11.27

-10.15

Fruits

2.11

5.99

11.70

11.63

11.96

12.39

12.19

Milk

3.24

10.74

11.79

11.73

10.85

10.80

10.35

Egg, Meat & Fish

2.41

11.73

12.74

13.36

12.82

14.10

9.92

Non-Food Articles

4.26

5.33

6.41

6.43

7.67

8.51

9.59

Fibres

0.88

8.45

9.10

8.77

11.33

12.77

14.32

Oil Seeds

1.78

10.86

10.29

11.24

8.64

8.63

12.71

Minerals

1.52

18.02

18.02

21.59

21.59

19.72

21.05

Fuel & Power

14.91

15.49

14.50

14.50

14.70

15.17

15.10

Liquefied Petroleum Gas

0.92

14.27

14.27

14.27

14.27

14.27

14.27

Petrol

1.09

30.43

27.00

27.00

27.00

29.17

29.17

High Speed Diesel Oil

4.67

9.24

9.32

9.32

9.32

9.32

9.32

 

DS

Quick Updates:Latest Updates