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 6 2011 2011 (6) This

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 21st May, 2011 (31 Vaisakha, 1933 Saka)

2-6-2011
  • Contents

 

Press Information Bureau

Government of India

Ministry of Commerce & Industry

02-June-2011 11:35 IST

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 21st May, 2011 (31 Vaisakha, 1933 Saka)

The WPI for the week ended 21st May, 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 0.4 percent to 191.7 (Provisional) from 192.4 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 10.87 percent (Provisional) for the week ended 21/05/2011 (over 22/05/2010) as compared to 11.60 percent (Provisional) for the previous week (ended 14/05/2011). 

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

The index for 'Food Articles' group declined by 0.2 percent to 186.3 (Provisional) from 186.7  (Provisional) for the previous week due to lower prices of poultry chicken (7%), barley (3%), fish-marine and maize (2% each) and arhar, urad, egg and fruits & vegetables (1% each).  However, the prices of bajra (3%), gram (2%) and milk, jowar and ragi (1% each) moved up.

The index for 'Non-Food Articles' group declined by 1.0 percent to 183.3 (Provisional) from 185.2  (Provisional) for the previous week due to lower prices of logs & timber (34%), raw silk (7%),      gingelly seed and gaur seed (5% each), raw rubber (3%), mesta (2%) and fodder, raw jute, sunflower and niger seed (1% each).  However, the prices of rape & mustard seed (3%), soyabean (2%) and castor seed (1%) moved up.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by 0.4 percent to 160.7 (Provisional) from 160.1 (Provisional) for the previous week due to higher prices of petrol (9%) and bitumen (4%).  However, the prices of      aviation turbine fuel (3%), naphtha (2%) and light diesel oil (1%) declined.

The annual rate of inflation, calculated on point to point basis, stood at 12.54 percent (Provisional) for the week ended 21/05/2011 (over 22/05/2010) as compared to 12.11 percent (Provisional) for the previous week (ended 14/05/2011). 

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: 09/06/2011 for the week ending 28/05/2011

Annexure-I

Wholesale Price Index and Rates of Inflation [Base Year: 2004-05]

Week Ending 21st May, 2011 (Base: 2004-05)

Commodities/Major Groups/Groups/Sub-Groups

Weight

WPI May 21, 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

191.7

0.29

-0.36

3.78

1.75

20.40

10.87

16.34

Food Articles

14.34

186.3

0.23

-0.21

4.87

4.02

21.15

8.06

13.76

Cereals

3.37

173.0

0.06

-0.17

-0.42

0.87

6.86

4.78

4.80

Rice

1.79

167.4

-0.12

-0.24

0.12

0.36

8.15

2.51

4.96

Wheat

1.12

167.4

0.24

-0.24

-1.40

-1.88

6.10

-0.77

1.85

Pulses

0.72

187.1

-0.19

0.11

2.95

-1.21

23.64

-9.22

-1.18

Vegetables

1.74

148.7

-0.60

-0.20

15.88

3.70

5.70

-1.06

12.14

Potato

0.20

118.4

2.89

0.51

18.74

10.34

-33.63

-2.15

-34.16

Onion

0.18

152.2

-3.63

-0.07

-13.58

-9.78

-15.89

12.32

31.59

Fruits

2.11

213.9

0.49

-0.93

12.80

14.81

22.31

30.51

21.51

Milk

3.24

184.0

0.00

1.43

0.82

5.75

28.38

7.04

16.56

Egg, Meat & Fish

2.41

195.7

0.76

-1.81

6.00

-0.86

45.83

5.50

20.61

Non-Food Articles

4.26

183.3

0.53

-1.03

0.33

-4.38

14.04

21.31

23.63

Fibres

0.88

244.8

2.41

-0.53

3.42

-14.70

16.46

55.82

50.24

Oil Seeds

1.78

154.9

-1.01

0.45

0.66

2.65

0.74

13.23

5.60

Minerals

1.52

266.6

0.00

0.00

2.98

0.00

27.88

11.78

21.33

Fuel & Power

14.91

160.7

0.00

0.37

1.93

1.77

14.24

12.54

12.11

Liquefied Petroleum Gas

0.91

128.9

0.00

0.00

3.30

0.00

3.76

11.31

13.69

Petrol

1.09

172.4

0.00

8.70

1.09

8.70

18.04

32.41

20.60

High Speed Diesel Oil

4.67

153.6

0.00

0.00

0.69

0.00

15.83

5.49

12.50

 

Annexure-I

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

21-May-11

14-May-11

07-May-11

30-Apr-11

23-Apr-11

16-Apr-11

Primary Articles

20.12

10.87

11.60

10.94

11.96

12.11

12.08

Food Articles

14.34

8.06

8.55

7.47

7.70

8.53

8.76

Cereals

3.37

4.78

5.03

4.79

4.54

4.42

4.49

Rice

1.79

2.51

2.63

2.51

2.08

2.08

2.08

Wheat

1.12

-0.77

-0.30

-0.06

0.06

0.06

0.48

Pulses

0.72

-9.22

-9.49

-8.87

-9.05

-7.39

-6.49

Vegetables

1.74

-1.06

-1.46

-3.61

-3.64

3.44

-0.21

Potato

0.20

-2.15

0.17

1.99

-3.58

0.27

-1.61

Onion

0.18

12.32

8.32

10.53

12.42

16.09

10.96

Fruits

2.11

30.51

32.37

30.58

35.43

32.69

28.43

Milk

3.24

7.04

5.53

4.65

4.30

5.16

5.10

Egg, Meat & Fish

2.41

5.50

8.26

5.67

4.62

5.13

12.14

Non-Food Articles

4.26

21.31

23.22

23.82

28.62

27.84

26.48

Fibres

0.88

55.82

60.43

61.94

85.84

85.58

84.96

Oil Seeds

1.78

13.23

11.58

11.38

10.45

10.02

9.04

Minerals

1.52

11.78

11.78

11.95

11.95

8.67

8.67

Fuel & Power

14.91

12.54

12.11

12.11

12.25

13.53

13.53

Liquefied Petroleum Gas

0.92

11.31

11.31

11.31

11.31

11.31

11.31

Petrol

1.09

32.41

21.81

21.81

21.81

21.81

21.81

High Speed Diesel Oil

4.67

5.49

5.49

5.49

5.49

5.49

5.49

DS/GK

 

Quick Updates:Latest Updates