TMI BlogIndex Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of January, 2012X 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 January, 2012 - News and Press Release Dated:- 14-2-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 14-February-2012 11:39 IST The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month January, 2012 rose by 0.5 percent to 157.7 (Provisional) from 156.9 (Provisional) for the previous month.. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.55% (Provisional) for the month of January, 2012 (over January, 2011) as compared to 7.47% (Provisional) for the previous month and 9.47% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.48% compared to a build up of 8.58% 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 199.7 (Provisional) from 197.9 (Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovisional) 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 rose by 0.3 percent to 191.4 (Provisional) from 190.8 (Provisional) for the previous month due to higher prices of fish-marine (11%), bajra (7%), jowar, barley and maize (5% each), poultry chicken (4%), masur (3%), mutton (2%) and milk and wheat (1% each). However, the prices of condiments spices (5%), tea (4%), fruits vegetables (3%) and moong, urad, gram, ragi and rice (1% each) declined. The index for Non-Food Articles group rose by 2.4 percent to 182.8 (Provisional) from 178.6 (Provisional) for the previous month due to higher prices of gaur seed (35%), flowers (16%), logs timber (10%), soyabean (9%), groundnut seed and linseed (7% each), raw jute (6%), rape mustard seed (4%), niger seed and gingelly seed (3% each) and safflower, raw silk and mesta (1% each). However, the prices of castor seed (7%), raw rubber (6%), copra (4%), raw cotton (3%) and sunflower (1%) declined. The index for Minerals group rose by 1.9 percent to 324.5 (Provisional) from 318.5 (Provisional) for the previous mon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th due to higher prices of sillimanite (22%), zinc concentrate and iron ore (4% each), magnesite and crude petroleum (2% each) and barytes (1%). However, the prices of dolomite (2%) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 0.1 percent to 172.8 (Provisional) from 172.6 (Provisional) for the previous month due to higher prices of light diesel oil (4%), lignite (3%) and naphtha (1%). However, the prices of bitumen (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.4 percent to 141.2 (Provisional) from 140.6 (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 153.4 (Provisional) from 152.9 (Provisional) for the previous month due to higher prices of groundnut oil, gur, mustard rapeseed oil and soyabean oil (4% each), gingelly oil, tea leaf (blended), palm oil and oil cakes (3% each), ghee and canned fish (2% each) and cotton seed oil, khandsari and rice bran oil (1% each). However, the prices of processed prawn (5%), sugar (2%) and tea dust (b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lended), tea leaf (unblended) and mixed spices (1% each) declined. The index for Beverages, Tobacco Tobacco Products group rose by 0.4 percent to 164.7 (Provisional) from 164.0 (Provisional) for the previous month due to higher prices of dried tobacco (6%) and cigarette and soft drinks carbonated water (1% each). However, the prices of bidi (1%) declined. The index for Textiles group rose by 0.4 percent to 126.6 (Provisional) from 126.1 (Provisional) for the previous month due to higher prices of man made fabric (2%). However, the prices of jute sacking bag (2%) and gunny and hessian cloth and jute sacking cloth (1% each) declined. The index for Wood Wood Products group rose by 0.2 percent to 163.2 (Provisional) from 162.9 (Provisional) for the previous month due to higher prices of processed wood (1%). However, the prices of plywood fibre board (1%) declined. The index for Paper Paper Products group rose by 0.2 percent to 132.4 (Provisional) from 132.2 (Provisional) for the previous month due to higher prices of paper pulp (3%), corrugated sheet boxes (2%) and computer stationery (1%). However, the prices of paper cartons / boxes (2%) declined. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... index for Leather Leather Products group declined by 0.2 percent to 131.2 (Provisional) from 131.5 (Provisional) for the previous month due to lower prices of leather footwear (1%). However, the prices of leather garments jackets (1%) moved up. The index for Rubber Plastic Products group rose by 0.8 percent to 134.3 (Provisional) from 133.2 (Provisional) for the previous month due to higher prices of rubber products, plastic products and tubes (1% each). The index for Chemicals Chemical Products group rose by 0.7 percent to 137.4 (Provisional) from 136.4 (Provisional) for the previous month due to higher prices of ammonium sulphate (5%), agarbattis and paints (3% each), basic organic chemicals, non-cyclic compound and organic manure (2% each) and distemper, washing soap, antibiotics, basic inorganic chemicals, urea and toilet soap (1% each). However, the prices of synthetic resin, rubber chemicals, di ammonium phosphate and pigment pigment intermediates (1% each) declined. The index for Non-Metallic Mineral Products group rose by 0.3 percent to 156.2 (Provisional) from 155.7 (Provisional) for the previous month due to higher prices of slag cement (4% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ), bricks tiles (2%) and white cement and asbestos corrugated sheet (1% each). The index for Basic Metals, Alloys Metal Products group rose by 0.8 percent to 160.7 (Provisional) from 159.5 (Provisional) for the previous month due to higher prices of sheets (6%), sponge iron and iron steel wire (3% each), rebars, slab and billets (2% each) and melting scrap, joist beams, angles, pencil ingots, hrc, rounds, wire rods, utensils (other than aluminium), steel rods and nuts/bolts/screw/ washers (1% each). However, the prices of silver (6%) and pipes/tubes/rods/strips, zinc, gold gold ornaments, pig iron and steel: pipes tubes (1% each) declined. The index for Machinery Machine Tools group rose by 0.1 percent to 125.5 (Provisional) from 125.4 (Provisional) for the previous month due to higher prices of earth moving machinery (10%) and microwave oven, air conditioner refrigerators and lamps (1% each). However, the prices of rubber machinery (8%), electric switch gears (6%), insulators (3%) and compressors and sprinkler (1% each) declined. FINAL INDEX FOR THE MONTH OF NOVEMBER, 2011 (BASE YEAR: 2004-05=100) For the month of November, 2011 the final Wholesa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le Price Index for All Commodities (Base: 2004-05=100) stood at 157.4 as compared to 156.9 (Provisional) and annual rate of inflation based on final index stood at 9.46 percent as compared to 9.11 percent (Provisional) reported on 14.12.2011. Next date of press release: 14/03/2012 for the month of February, 2011 Office of Economic Adviser, Ministry of Commerce Industry, New Delhi, Annexure-I Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of January, 2012 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Jan., 2012 Latest month over month Build up from March Year on year 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 ALL COMMODITIES 100.00000 157.7 1.37 0.51 8.58 5.48 9.47 6.55 PRIMARY ARTICLES 20.11815 199.7 1.72 0.91 17.72 6.11 18.44 2.25 Food Articles 14.33709 191.4 1.58 0.31 17.60 6.93 16.68 -0.52 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cereals 3.37323 177.7 0.52 1.02 4.20 3.13 1.76 2.42 Rice 1.79348 172.9 -0.29 -0.52 4.47 3.53 3.58 1.35 Wheat 1.11595 169.1 1.10 1.44 1.39 -2.31 -3.79 -3.48 Pulses 0.71662 211.5 1.44 -0.56 -4.52 10.73 -13.33 11.37 Vegetables 1.73553 148.5 8.57 -6.19 97.80 3.63 66.52 -43.13 Potato 0.20150 98.9 -24.96 -10.66 22.11 -7.48 -13.80 -23.15 Onion 0.17794 151.3 31.98 -18.48 261.59 -15.52 129.07 -75.57 Fruits 2.10717 172.2 1.44 -1.03 11.13 -6.67 15.65 6.43 Milk 3.23818 201.1 0.34 1.36 7.24 15.18 13.77 12.16 Egg, Meat Fish 2.41384 229.2 -1.53 4.42 12.26 17.30 15.69 18.63 Non-Food Articles 4.25756 182.8 3.30 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.35 20.96 -4.49 26.60 0.55 Fibres 0.87737 200.2 6.36 -1.77 54.93 -29.41 56.17 -14.48 Oil Seeds 1.78051 163.2 2.11 3.95 6.39 8.08 3.50 12.63 Minerals 1.52350 324.5 -0.50 1.88 12.26 21.63 16.12 24.81 FUEL POWER 14.91021 172.8 0.73 0.12 7.99 9.64 11.41 14.21 Liquefied petroleum gas 0.91468 147.3 0.00 0.00 14.99 14.27 14.99 14.27 Petrol 1.09015 177.7 4.67 0.00 19.95 12.04 27.37 15.02 High speed diesel 4.67020 167.8 0.00 0.00 6.22 9.24 14.71 9.24 MANUFACTURED PRODUCTS 64.97164 141.2 1.30 0.43 5.07 4.13 5.32 6.49 Food Products 9.97396 153.4 0.76 0.33 2.54 5.72 -0.14 5.57 Sugar 1.73731 176.9 0.12 -1.89 -5.77 3.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 -14.40 2.25 Edible Oils 3.04293 139.4 3.92 2.12 11.58 8.23 9.66 9.59 Beverages, Tobacco Tobacco Product 1.76247 164.7 3.93 0.43 6.06 6.60 9.61 9.36 Cotton Textiles 2.60526 139.2 5.32 0.36 19.36 -10.02 20.71 0.36 Man Made Textiles 2.20573 119.8 2.71 0.59 8.30 -1.88 11.60 2.04 Wood Wood Products 0.58744 163.2 0.87 0.18 2.66 7.58 4.59 8.58 Paper Paper Products 2.03350 132.4 0.72 0.15 5.94 2.24 5.68 4.58 Leather Leather Products 0.83509 131.2 -3.60 -0.23 -3.30 4.54 -2.53 6.49 Rubber Plastic Products 2.98697 134.3 1.88 0.83 8.06 0.98 9.15 3.31 Chemicals Chemical Products 12.01770 137.4 1.37 0.73 4.57 6.26 5.53 9.13 Non-Metallic Mineral Products ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.55597 156.2 0.42 0.32 0.84 5.33 2.49 8.32 Cement Lime 1.38646 160.4 0.14 -0.25 -1.92 4.36 0.34 8.16 Basic Metals Alloys Metal Product 10.74785 160.7 1.63 0.75 8.06 8.36 8.47 11.99 Iron Semis 1.56301 158.5 6.19 1.08 8.08 12.97 8.08 18.46 Machinery Machine Tools 8.93148 125.5 0.33 0.08 2.34 1.78 3.29 2.62 Transport Equipment Parts 5.21282 125.3 1.33 0.00 2.88 2.37 2.88 3.13 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 Jan-12 Dec-11 Nov-11 Oct-11 Sep-11 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Aug-11 ALL COMMODITIES 100.00 6.55 7.47 9.46 9.87 10.00 9.78 PRIMARY ARTICLES 20.12 2.25 3.07 8.90 10.96 12.22 12.46 Food Articles 14.34 -0.52 0.74 8.32 10.17 9.62 9.62 Cereals 3.37 2.42 1.91 2.15 4.32 4.13 5.16 Rice 1.79 1.35 1.58 2.99 4.51 4.02 5.17 Wheat 1.12 -3.48 -3.81 -4.86 -1.72 -2.74 -2.09 Pulses 0.72 11.37 13.62 14.96 10.25 2.90 -4.26 Vegetables 1.74 -43.13 -34.18 10.68 15.68 14.41 13.17 Potato 0.20 -23.15 -35.45 -9.31 1.04 14.29 16.13 Onion 0.18 -75.57 -60.45 -35.15 -16.92 25.78 48.63 Fruits 2.11 6.43 9.09 7.29 11.27 15.65 23.35 Milk 3.24 12.16 11.02 10.91 11.12 10.28 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9.41 Egg, Meat Fish 2.41 18.63 11.88 11.40 12.43 11.88 10.42 Non-Food Articles 4.26 0.55 1.48 3.40 7.41 14.57 18.21 Fibres 0.88 -14.48 -7.41 1.56 11.21 23.76 36.91 Oil Seeds 1.78 12.63 10.64 11.54 10.28 14.75 16.55 Minerals 1.52 24.81 21.89 22.53 22.67 26.09 21.54 FUEL POWER 14.91 14.21 14.91 15.48 14.79 14.02 12.91 Liquefied petroleum gas 0.91 14.27 14.27 14.27 14.27 14.27 14.74 Petrol 1.09 15.02 20.39 27.63 27.90 26.29 23.23 High speed diesel 4.67 9.24 9.24 9.24 9.32 9.32 9.32 MANUFACTURED PRODUCTS 64.97 6.49 7.41 8.17 8.05 8.00 7.87 Food Products 9.97 5.57 6.03 7.24 7.66 8.05 8.41 Sugar 1.74 2.25 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.34 6.18 7.31 7.38 6.28 Edible Oils 3.04 9.59 11.52 11.82 12.93 13.87 14.72 Beverages, Tobacco Tobacco Product 1.76 9.36 13.18 13.22 12.66 13.57 13.51 Cotton Textiles 2.61 0.36 5.32 9.51 11.28 12.47 14.80 Man Made Textiles 2.21 2.04 4.20 5.58 7.17 7.59 5.33 Wood Wood Products 0.59 8.58 9.33 9.01 8.81 8.38 8.64 Paper Paper Products 2.03 4.58 5.17 5.25 5.41 5.33 4.86 Leather Leather Products 0.84 6.49 2.90 3.13 2.03 1.09 0.62 Rubber Plastic Products 2.99 3.31 4.39 5.29 6.80 7.41 7.92 Chemicals Chemical Products 12.02 9.13 9.82 9.98 9.92 8.96 8.48 Non-Metallic Mineral Products 2.56 8.32 8.43 8.28 6.07 4.95 3.89 Cement Lime 1.39 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8.16 8.58 8.22 4.03 1.53 0.33 Basic Metals Alloys Metal Product 10.75 11.99 12.96 13.94 12.09 12.02 12.07 Iron Semis 1.56 18.46 24.44 24.00 21.91 22.34 21.90 Machinery Machine Tools 8.93 2.62 2.87 3.55 3.55 3.39 3.15 Transport Equipment Parts 5.21 3.13 4.50 4.68 4.43 4.61 4.44 DS/GK - 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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