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 29th October, 2011 (07 Kartika, 1933 Saka) .

11-11-2011
  • Contents

Press Information Bureau
Government of India
Ministry of Commerce & Industry

11-November-2011 12:04 IST

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 29th October, 2011 (07 Kartika, 1933 Saka)

 

The WPI for the week ended 29th October, 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 0.1 percent to 204.7 (Provisional) from 205.0 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 11.43 percent (Provisional) for the week ended 29/10/2011 (over 30/10/2010) as compared to 12.08 percent (Provisional) for the previous week (ended 22/10/2011).  

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

The index for ‘Food Articles’ group declined by 0.2 percent to 201.7 (Provisional) from 202.2  (Provisional) for the previous week due to lower prices of fish-inland (3%), bajra (2%) and fruits & vegetables, moong and condiments & spices (1% each).  However, the prices of gram, egg, fish-marine,      ragi and poultry chicken (2% each) and maize, urad and tea (1% each) moved up.

The index for ‘Non-Food Articles’ group rose by 0.2 percent to 177.5 (Provisional) from 177.2  (Provisional) for the previous week due to higher prices of flowers (7%), gaur seed (4%), rape & mustard seed (2%) and sunflower, raw rubber and raw jute (1% each).  However, the prices of      groundnut seed (3%), coir fibre, linseed, raw silk and niger seed (2% each) and copra, gingelly seed  and castor seed (1% each) declined.

FUEL & POWER (Weight 14.91%)

The index and annual rate of inflation, calculated on point to point basis for this major group remained unchanged at their previous week's level of 169.8 (Provisional) and 14.50 percent (Provisional) for the week ended 29/10/2011 (over 30/10/2010).

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: 17/11/2011 for the week ending 05/11/2011

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

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 29th October, 2011 (Base: 2004-05)

Commodities/Major Groups/Groups/Sub-Groups

Weight

WPI Oct 29, 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

204.7

0.44

-0.15

10.26

8.65

16.71

11.43

13.86

Food Articles

14.34

201.7

0.11

-0.25

9.73

12.62

12.68

11.81

10.57

Cereals

3.37

176.4

0.12

0.06

2.23

2.86

3.99

4.07

4.00

Rice

1.79

175.9

-0.06

0.00

3.43

5.46

4.78

4.27

3.60

Wheat

1.12

166.1

0.42

0.18

-1.17

-2.64

1.08

-1.77

-1.13

Pulses

0.72

215.1

-0.31

1.13

-5.14

13.57

-5.14

13.27

-5.83

Vegetables

1.74

230.3

0.16

-2.04

40.86

60.60

-3.79

26.05

15.15

Potato

0.20

152.2

-0.85

-1.30

48.58

41.85

-51.78

0.53

-9.80

Onion

0.18

231.9

0.07

1.35

83.29

37.46

22.66

-19.31

34.79

Fruits

2.11

180.5

0.00

0.06

11.22

-3.11

17.87

11.70

21.25

Milk

3.24

197.2

-0.06

0.00

3.46

13.33

20.49

11.79

10.49

Egg, Meat & Fish

2.41

222.1

0.46

-0.09

12.57

12.51

29.69

12.74

12.21

Non-Food Articles

4.26

177.5

0.18

0.17

10.76

-7.41

24.29

6.41

21.39

Fibres

0.88

212.3

-0.21

0.09

28.11

-26.03

40.91

9.10

49.26

Oil Seeds

1.78

153.3

0.14

-0.71

2.28

1.59

4.98

10.29

9.90

Minerals

1.52

309.2

3.03

0.00

13.13

15.98

32.73

18.02

23.02

Fuel & Power

14.91

169.8

0.00

0.00

5.85

7.54

10.67

14.50

12.52

Liquefied Petroleum Gas

0.91

147.3

0.00

0.00

14.99

14.27

15.30

14.27

13.98

Petrol

1.09

181.1

0.00

0.00

10.71

14.19

17.56

27.00

24.99

High Speed Diesel Oil

4.67

167.8

0.00

0.00

6.15

9.24

14.64

9.32

9.68


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

29-Oct-11

22-Oct-11

15-Oct-11

08-Oct-11

01-Oct-11

24-Sep-11

Primary Articles

20.12

11.43

12.08

11.75

11.18

10.60

10.84

Food Articles

14.34

11.81

12.21

11.43

10.60

9.32

9.41

Cereals

3.37

4.07

4.13

4.62

4.73

5.41

4.57

Rice

1.79

4.27

4.21

4.26

4.42

5.86

4.13

Wheat

1.12

-1.77

-1.54

-0.95

-0.18

-0.24

-1.01

Pulses

0.72

13.27

11.65

9.06

7.42

6.87

7.54

Vegetables

1.74

26.05

28.89

25.00

17.59

13.01

14.88

Potato

0.20

0.53

0.98

-0.45

1.73

3.79

9.34

Onion

0.18

-19.31

-20.33

-18.93

-11.27

-10.15

10.58

Fruits

2.11

11.70

11.63

11.96

12.39

12.19

11.72

Milk

3.24

11.79

11.73

10.85

10.80

10.35

10.35

Egg, Meat & Fish

2.41

12.74

13.36

12.82

14.10

9.92

10.33

Non-Food Articles

4.26

6.41

6.43

7.67

8.51

9.59

10.77

Fibres

0.88

9.10

8.77

11.33

12.77

14.32

18.13

Oil Seeds

1.78

10.29

11.24

8.64

8.63

12.71

12.19

Minerals

1.52

18.02

21.59

21.59

19.72

21.05

21.05

Fuel & Power

14.91

14.50

14.50

14.70

15.17

15.10

14.69

Liquefied Petroleum Gas

0.92

14.27

14.27

14.27

14.27

14.27

14.27

Petrol

1.09

27.00

27.00

27.00

29.17

29.17

29.17

High Speed Diesel Oil

4.67

9.32

9.32

9.32

9.32

9.32

9.32

DS

 

Quick Updates:Latest Updates