TMI BlogIndex Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of March, 2011X X X X Extracts X X X X X X X X Extracts X X X X ..... Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of March, 2011 - News and Press Release Dated:- 15-4-2011 - News - Press Information Bureau Government of India Ministry of Commerce Industry 15-April-2011 12:19 IST Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of March, 2011 The official Wholesale Price Index for All Commodities (Base: 2004-05=100) for the month of March, 2011 rose by 1.4 percent to 148.0 (Provisional) from 146.0 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 8.98% (Provisional) for the month of March, 2011 (over March, 2010) as compared to 8.31% (Provisional) for the previous month and 10.23% during the corresponding month of the previous year. Build up inflation in the financial year so far was 8.98 % compared to a build up of 10.23% in the corresponding period of the previous year. Inflation for important commodities / commodity groups is indicated in Annex-1. The movement of the index for the various commodity groups is summarized below:- PRIMARY ARTICLES (Weight 20.12%) The index for thi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s major group declined by 0.2 percent to 187.4 (Provisional) from 187.8 (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 Articles' group declined by 0.9 percent to 179.1 (Provisional) from 180.8 (Provisional) for the previous month due to lower prices of condiments spices (8%), tea (5%), mutton (3%), gram, moong, egg and masur (2% each) and milk, arhar, wheat, barley and ragi (1% each). However, the prices of maize (10%), coffee (3%) and bajra, fish-marine and poultry chicken (1% each) moved up. The index for 'Non-Food Articles' group rose by 2.2 percent to 189.2 (Provisional) from 185.1 (Provisional) for the previous month due to higher prices of logs timber (16%), gaur seed (13%), raw cotton (12%), groundnut seed (7%), fodder and raw jute (4% each), niger seed (3%), sugarcane (2 %) and cotton seed (1%). However, the prices of raw silk (21%), flowers (20%), castor seed (10%), sunflower (7%), raw rubber (4%), gingelly seed (3%), hides(raw), mesta and rape mustard seed (2% each) and coir fibre, copra and linseed (1% each) declined. The index for 'Minerals' ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... group declined by 0.4 percent to 259.9 (Provisional) from 261.0 (Provisional) for the previous month due to lower prices of zinc concentrate (12%) and steatite and copper ore (7% each). However, the prices of sillimanite (6%) and iron ore (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group rose by 3.9 percent to 158.2 (Provisional) from 152.3 (Provisional) for the previous month due to higher prices of coking coal (33%), non-coking coal (27%), lignite (17%), aviation turbine fuel (13%), furnace oil (11%), naphtha (8%), light diesel oil (5%) and bitumen (2%). MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 1.4 percent to 133.4 (Provisional) from 131.6 (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 0.3 percent to 145.1 (Provisional) from 144.6 (Provisional) for the previous month due to higher prices of rice bran oil (11%), khandsari (8%), cotton seed oil cake (7%), cashew kernel, cotton seed oil, mixed spices and cakes muffins (5% each), ice cream, papad and powder milk (4% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... each), bagasse (3%), cashew nut (roasted), canned meat, molasses and palm oil (2% each) and canned fish, ghee, gingelly oil, bread buns, gola (cattle feed) and readymade / instant food powder (1% each). However, the prices of tea leaf (unblended) (11%), processed prawn (8%), vegetables seeds (5%), tea dust (blended) (4%), groundnut oil cake, rice bran extraction and sugar confectionary (3% each), vanaspati, gur, mustard oil cake and groundnut oil (2% each) and sunflower oil and copra oil (1% each) declined. The index for 'Beverages, Tobacco Tobacco Products' group rose by 1.3 percent to 152.4 (Provisional) from 150.5 (Provisional) for the previous month due to higher prices of chewing tobacco and cigarette (7% each), zarda (3%), aerated water (all types) (2%) and IMFL-blended, non-alcoholic beverages (all types) and toddy (or taddy) (1% each). However, the prices of dried tobacco (9%), beer (4%) and soft drink concentrates (3%) declined. The index for 'Textiles' group rose by 4.6 percent to 129.4 (Provisional) from 123.7 (Provisional) for the previous month due to higher prices of finished / processed cotton yarn (knitted) (18%), cotton yarn (bleached) (14%), cotton l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inters and jute sacking cloth (11% each), cotton yarn (dyed) (10%), cotton shirting, furnishing cloth, cotton cloth finished / processed, woollen cardigans / sweaters, acrylic yarn and cotton textiles dyed / printed (9% each), cotton yarn unbleached, terry towel and finished / processed cotton yarn (not knitted) (8% each), cotton pillow cover, cotton under garments and polyethylene fabrics (7% each), blankets, polyester yarn and gunny bags (non laminated) (6% each), cotton towel cloth, bed cover bed sheet, woollen shawls and cotton children suits (5% each), gunny and hessian cloth, viscose staple fibre and coir mats matting (4% each), jute sacking bag, polyester staple fibre and mixed fabrics (3% each), synthetic yarn, viscose yarn and tyre cord fabric (2% each) and synthetic suitings, nylon yarn, woollen yarn, grey cloth (bleached / unbleached), woollen carpets and woollen cloth (1% each). However, the prices of cotton trousers / pants (10%), woollen hosiery goods (5%), jute yarn, terene garments, acrylic fibre and cotton knitted fabrics (2% each) declined. The index for Wood Wood Products' group rose by 1.0 percent to 151.1 (Provisional) from 149.6 (Provisional) for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the previous month due to higher prices of wooden crates packing box (19%), wooden almirah / cabinets / cupboard (6%), processed / sized wood cutting (4%), insulation board (2%) and veneer wood (1%). However, the prices of sawn timber posts / squares (3%) and plywood board (1%) declined. The index for 'Paper Paper Products' group rose by 1.0 percent to 128.1 (Provisional) from 126.8 (Provisional) for the previous month due to higher prices of paper cone tube (12%), paper rolls (6%), books / periodicals / journals (3%), paper pulp, newsprint, printing and writing paper and corrugated sheet boxes (2% each) and bristle paper board, cream laid woven paper and computer stationery (1% each). However, the prices of card board (6%), paper cartons / boxes (4%) and laminated paper and newspaper (1% each) declined. The index for 'Leather Leather Products' group declined by 0.2 percent to 123.6 (Provisional) from 123.9 (Provisional) for the previous month due to lower prices of leather harness goods (5%), foot wear / safety boot and leather gloves (4% each), leather shoe upper (2%) and vegetable tanned leather (1%). However, the prices of leather handbags / wallets (4%), ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... crome tanned leather (3%), leather garments jackets and leather bags (2% each) and leather sole (1 %) moved up. The index for 'Rubber Plastic Products' group rose by 1.1 percent to 131.1 (Provisional) from 129.7 (Provisional) for the previous month due to higher prices of synthetic rubber compound (20 %), polyester chips (16%), rubber brakes (9%), plastic bottles (7%), rubber foot wear (5%), HDPE woven fabric, plastic films sheets, rubber components parts and cycle /cycle rickshaw tyre (3% each), plastic / PVC chappals and tooth brush (2% each) and foot ball, cycle / rickshaw tube, plastic / LDPE / polythene bag, cab / car tyre, plastic / PVC pipe and plastic rolls (1% each). However, the prices of polythene / plastic granules (6%), plastic / PVC suitcases and HDPE woven sacks (5% each), rubber moulded goods (4%), plastic / PVC shoes and rigid PVC (2% each) and polyester film and plastic containers (1% each) declined. The index for 'Chemicals Chemical Products' group rose by 1.6 percent to 128.3 (Provisional) from 126.3 (Provisional) for the previous month due to higher prices of acid (organic) and fatty alcohol (16% each), hydrogen peroxide (12%), ice block / cube ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (non edible) (11%), synthetic rubber (10%), vegetable starch (9%), non-cyclic compound (8%), formaldehyde, face / body powder and carbon di-sulphide (6% each), castor oil, organic manure, fatty acid, cream / moisturizer, bleaching powder, yeast used in food industry and alumina aluminium salt and olio resin gelatin (5% each), adhesive gum, chlorine, titanium dioxide and washing soap (4% each), acetic acid its derivetives, phenol or phenol extract, pigment pigment intermediates, di-ammonium phosphate, wax, thermocol and ink (3% each), toilet soap, nitrogen (gas / liquid), sodium salt, washing powder, glycol, additives, floor cleaners, alcohol mixture and photographic goods (2% each) and lime calcium carbonate, carbon dioxide gas, di-calcium phosphate, polymer products, explosives, petrochemical building blocks, paints, hydrogen, paracetamol / analgesic, polymers, oxygen, caustic soda soda ash, dye dye intermediates and carbon it's compound (1% each). However, the prices of safety matches / match box and lacquer varnishes (6% each), , zinc oxide, ammonia (gas / liquid), polyol and menthol (4% each), turpentine oil and other inorganic chemicals (3% each), ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... perfume / scent, naphthalene / aniline and weedicides (2% each) and ammonium sulphate, antibiotics and rubber chemicals (1% each) declined. The index for 'Non-Metallic Mineral Products' group rose by 1.7 percent to 147.6 (Provisional) from 145.1 (Provisional) for the previous month due to higher prices of hume pipes spun pipes (6%), concrete poles posts, railway sleeper and filter elements (5% each), bricks tiles (4%), glass bottles bottle ware (3%), lime, grey cement and slag cement (2% each) and white cement (1%). However, the prices of graphite rods and toughened glass (3% each), asbestos corrugated sheet (2%) and ophthalmic lens (1%) declined. The index for 'Basic Metals, Alloys Metal Products' group rose by 1.5 percent to 140.9 (Provisional) from 138.8 (Provisional) for the previous month due to higher prices of silver and nuts / bolts / screw / washers (10% each), CRC (9%), metal moulds and dyes (8%), billets and pencil ingots (7% each), wire rods (6%), welding rods (5%), rounds, steel structures and fabricated metal products (4% each), chain and aluminium ingots (3% each), aluminium foil / foil bag, GP / GC sheets, angles, cylinder liners, welded pipe, rebars, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... steel rods and zinc (2% each) and gold gold ornaments, joist beams, HRC, sponge iron, pipes / tubes / rods / strips, aluminium wire, melting scrap, cylinder, steel castings, iron castings, plates and non-ferrous casting forging (1% each). However, the prices of sheets (7%), aluminium casting and steel frames (4% each), steel balls, pig iron and aluminium seals (3% each), pressure cooker (2%) and safety helmet, die forging stamping, ferro chrome and metal containers (1% each) declined. The index for 'Machinery Machine Tools' group rose by 0.3 percent to 122.4 (Provisional) from 122.0 (Provisional) for the previous month due to higher prices of loader (7%), pneumatic tools, drilling machines and sprinkler (6% each), gear cutting machines, kit-kat / fuse / fuse wire, oil mill machinery, rice mill machinery, dish antenna and sewing machines (5% each), electrical pumps and microwave oven (4% each), batteries and drive equipment (3% each), food / beverages / tobacco processing machinery, electric generators, air break switches / circuit breaker and electric motors (2% each) and electric motor starters, electronic PCB / micro circuit, electrical wires, thresher, boiler ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... accessories, computers, ball / roller bearing, mining / quarrying / metallurgical machinery / part, heating elements, relay / contacter, conductor, converter / inverter, insulators, lamps, grinding / wet coffee machinery, lifts, transformer and grinding wheels (1% each). However, the prices of cranes (14%), battery dry cells (10%), separators driers (8%), compressors and other electronics items (4% each), air conditioners, fans, electrical stamping lamination and fibre optic cable (3% each), control equipments, electric switch gears, watches, refrigerators and textile machinery (2% each) and cutting machine, electric switches, TV accessories, UPS / stabilizer, TV sets, engines, amplifier and PVC insulated cable (1% each) declined. The index for 'Transport, Equipment Parts' group rose by 0.9 percent to 122.0 (Provisional) from 120.9 (Provisional) for the previous month due to higher prices of crankshafts (14%), axle (12%), bi-cycles (9%), piston compressor (7%), motor cycle / scooter / moped (4%), railway axle wheel, clutch clutch plates and wheels parts (3% each), tractors, silencer damper and gauges (2% each) and trolleys / tanker, gear boxes parts, suspen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sion, auto rickshaw / tempo / matador and shafts (all kinds) (1% each). However, the prices of parts of ships/boats etc. (15%), fuel injection equipments (9%), slider (3%), radiator coolers (2%) and motor vehicles (1%) declined. FINAL INDEX FOR THE MONTH OF JANUARY, 2011 (BASE YEAR: 2004-05=100) For the month of January, 2011 the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 147.4 as compared to 145.9 (Provisional) and annual rate of inflation based on final index stood at 9.35 percent as compared to 8.23 percent (Provisional) reported on 14.03.2011. Next date of press release: 16/05/2011 for the month of April, 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=100) Month of March, 2011 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Mar. 2011 Latest month over month Build up from March Year on year 2009-10 2010-11 2009-10 2010-11 2009 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -10 2010-11 ALL COMMODITIES 100.00000 148.0 0.74 1.37 10.23 8.98 10.23 8.98 PRIMARY ARTICLES 20.11815 187.4 1.41 -0.21 22.16 12.96 22.16 12.96 Food Articles 14.33709 179.1 0.12 -0.94 20.65 9.47 20.65 9.47 Cereals 3.37323 173.1 -1.60 0.41 10.48 3.96 10.48 3.96 Rice 1.79348 167.7 -0.49 0.42 8.07 2.69 8.07 2.69 Wheat 1.11595 174.1 -3.68 -1.30 14.66 0.75 14.66 0.75 Pulses 0.71662 190.6 -2.55 -1.60 25.02 -4.17 25.02 -4.17 Vegetables 1.73553 144.1 -4.62 -10.33 13.60 9.17 13.60 9.17 Potato 0.20150 107.0 -13.25 -0.74 2.13 1.52 2.13 1.52 Onion 0.17794 185.0 -30.87 -32 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .18 -17.45 8.00 -17.45 8.00 Fruits 2.10717 179.4 0.21 7.30 18.18 23.21 18.18 23.21 Milk 3.23818 176.9 4.30 -1.45 24.87 5.80 24.87 5.80 Egg, Meat Fish 2.41384 195.5 1.06 -0.15 35.51 13.60 35.51 13.60 Non-Food Articles 4.25756 189.2 5.40 2.22 20.43 25.88 20.43 25.88 Fibres 0.87737 277.8 1.75 8.47 20.49 83.85 20.49 83.85 Oil Seeds 1.78051 150.3 -2.16 0.33 6.66 10.35 6.66 10.35 Minerals 1.52350 259.9 3.62 -0.42 37.94 12.22 37.94 12.22 FUEL POWER 14.91021 158.2 2.56 3.87 13.81 12.92 13.81 12.92 Liquefied petroleum gas 0.91468 128.9 0.00 0.00 0.45 14.99 0.45 14.99 Petro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l 1.09015 158.6 4.55 0.00 16.77 23.14 16.77 23.14 High speed diesel 4.67020 153.6 5.86 0.00 15.04 6.22 15.04 6.22 MANUFACTURED PRODUCTS 64.97164 133.4 0.16 1.37 5.19 6.21 5.19 6.21 Food Products 9.97396 145.1 -2.34 0.35 15.11 2.40 15.11 2.40 Sugar 1.73731 169.9 -8.34 0.47 44.34 -7.46 44.34 -7.46 Edible Oils 3.04293 128.3 -0.44 0.55 0.44 12.54 0.44 12.54 Beverages, Tobacco Tobacco Product 1.76247 152.4 1.79 1.26 8.15 7.32 8.15 7.32 Cotton Textiles 2.60526 148.1 1.22 8.26 12.71 27.45 12.71 27.45 Man Made Textiles 2.20573 120.7 2.36 2.81 8.40 11.35 8.40 11.35 Wood Wood Products 0.58744 151.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.55 1.00 6.55 3.21 6.55 3.21 Paper Paper Products 2.03350 128.1 -0.17 1.03 2.49 7.20 2.49 7.20 Leather Leather Products 0.83509 123.6 1.68 -0.24 2.49 -2.98 2.49 -2.98 Rubber Plastic Products 2.98697 131.1 0.42 1.08 3.71 8.98 3.71 8.98 Chemicals Chemical Products 12.01770 128.3 0.50 1.58 3.70 6.56 3.70 6.56 Non-Metallic Mineral Products 2.55597 147.6 0.35 1.72 3.25 3.22 3.25 3.22 Cement Lime 1.38646 154.2 0.47 1.65 2.30 1.98 2.30 1.98 Basic Metals Alloys Metal Product 10.74785 140.9 0.86 1.51 1.42 9.31 1.42 9.31 Iron Semis 1.56301 136.3 1.73 2.25 -0.24 10.10 -0.24 10.10 Machinery Machine Tools 8.93148 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 122.4 0.84 0.33 1.53 2.43 1.53 2.43 Transport Equipment Parts 5.21282 122.0 0.00 0.91 1.20 3.30 1.20 3.30 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-11 Feb-11 Jan-11 Dec-10 Nov-10 Oct-10 ALL COMMODITIES 100.00 8.98 8.31 9.35 9.41 8.08 9.12 PRIMARY ARTICLES 20.12 12.96 14.79 18.44 18.37 14.67 18.09 Food Articles 14.34 9.47 10.65 16.68 15.07 10.14 14.64 Cereals 3.37 3.96 1.89 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.70 1.59 3.19 4.84 Rice 1.79 2.69 1.77 3.58 4.01 4.74 5.31 Wheat 1.12 0.75 -1.67 -3.79 -4.15 -0.75 3.00 Pulses 0.72 -4.17 -5.10 -13.33 -11.74 -10.00 0.21 Vegetables 1.74 9.17 16.11 66.52 33.61 -1.36 8.14 Potato 0.20 1.52 -11.28 -13.80 -28.57 -47.31 -49.51 Onion 0.18 8.00 10.09 129.07 74.98 36.82 22.27 Fruits 2.11 23.21 15.07 15.65 17.28 18.53 17.08 Milk 3.24 5.80 11.98 13.77 18.34 18.05 21.04 Egg, Meat Fish 2.41 13.60 14.97 15.69 19.42 18.93 27.37 Non-Food Articles 4.26 25.88 29.80 26.60 25.45 25.50 25.74 Fibres 0.88 83.85 72.46 56.17 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 47.13 44.75 42.28 Oil Seeds 1.78 10.35 7.61 3.50 3.28 3.12 7.52 Minerals 1.52 12.22 16.78 16.12 30.58 29.46 29.38 FUEL POWER 14.91 12.92 11.49 11.41 11.26 10.32 11.02 Liquefied petroleum gas 0.91 14.99 14.99 14.99 14.99 15.30 15.30 Petrol 1.09 23.14 28.73 27.37 21.68 18.14 16.74 High speed diesel 4.67 6.22 12.45 14.71 14.71 14.71 14.64 MANUFACTURED PRODUCTS 64.97 6.21 4.94 5.19 5.27 4.89 4.99 Food Products 9.97 2.40 -0.34 -0.07 1.41 1.07 3.75 Sugar 1.74 -7.46 -15.58 -14.40 -6.95 -9.45 -4.38 Edible Oils 3.04 12.54 11.44 9.91 5.61 6.42 6.77 Beverages, Tobacco Tobacco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Product 1.76 7.32 7.89 9.61 5.69 6.02 6.41 Cotton Textiles 2.61 27.45 19.16 20.71 18.22 17.13 15.12 Man Made Textiles 2.21 11.35 10.86 11.60 11.40 10.78 9.10 Wood Wood Products 0.59 3.21 2.75 4.59 2.12 2.20 1.43 Paper Paper Products 2.03 7.20 5.93 5.68 4.58 5.71 5.37 Leather Leather Products 0.84 -2.98 -1.12 -2.53 -1.39 -1.84 -1.38 Rubber Plastic Products 2.99 8.98 8.26 9.15 7.77 7.46 6.20 Chemicals Chemical Products 12.02 6.56 5.43 5.53 4.99 5.20 4.95 Non-Metallic Mineral Products 2.56 3.22 1.82 2.49 3.01 2.13 2.55 Cement Lime 1.39 1.98 0.80 0.34 1.09 -0.07 0.80 Basic Metals Alloys Metal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Product 10.75 9.31 8.61 7.49 8.59 7.03 6.76 Iron Semis 1.56 10.10 9.53 8.08 9.37 7.76 6.72 Machinery Machine Tools 8.93 2.43 2.95 3.29 3.48 2.89 3.07 Transport Equipment Parts 5.21 3.30 2.37 2.88 2.74 2.75 3.01 **** DS - 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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