TMI BlogIndex Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of September, 2011 .X 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 September, 2011 . - News and Press Release Dated:- 14-10-2011 - News - Press Information Bureau Government of India Ministry of Commerce Industry 14-October-2011 11:51 IST Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of September, 2011 The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month September, 2011 rose by 0.6 percent to 155.8 (Provisional) from 154.9 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 9.72% (Provisional) for the month of September, 2011 (over September, 2010) as compared to 9.78% (Provisional) for the previous month and 8.98% during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.21% compared to a build up of 4.18% 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (Weight 20.12%) The index for this major group rose by 1.3 percent to 202.2 (Provisional) from 199.6 (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 Articles' group rose by 1.4 percent to 196.5 (Provisional) from 193.7 (Provisional) for the previous month due to higher prices of poultry chicken (10%), gram (8%), fish-inland (4%), arhar, masur, fruits vegetables and egg (3% each) and condiments spices (2%) and milk and urad (1% each). However, the prices of tea and maize (4% each), jowar and coffee (2% each) and barley, wheat, ragi, fish-marine and pork (1% each) declined. The index for 'Non-Food Articles' group rose by 1.8 percent to 184.4 (Provisional) from 181.1 (Provisional) for the previous month due to higher prices of logs timber (32%), raw cotton (6%), raw rubber (5%), raw silk (3%), linseed and rape mustard seed (2% each) and raw jute, groundnut seed, sunflower, niger seed and coir fibre (1% each). However, the prices of castor seed (6%), flowers (4%), soyabean and copra (3% each), gingelly seed (2%) and gaur seed (1%) declined. The index for 'Min ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erals' group declined by 0.2 percent to 306.1 (Provisional) from 306.6 (Provisional) for the previous month due to lower prices of barytes (14%), magnesite (8%), chromite (4%), sillimanite and crude petroleum (2% each). However, the prices of zinc concentrate (14%), limestone and steatite (8% each), copper ore (6%), dolomite (5%) and iron ore (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group rose by 0.8 percent to 168.4 (Provisional) from 167.0 (Provisional) for the previous month due to higher prices of lubricants (5%), electricity (agricultural) and bitumen (4% each), electricity (domestic), electricity (industry), electricity (commercial) and petrol (3% each), electricity (railway traction) (2%) and furnace oil (1%). However, the prices of aviation turbine fuel (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.2 percent to 138.6 (Provisional) from 138.3 (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 0.9 percent to 151.7 (Provisional) from 150.4 (Provisiona ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l) for the previous month due to higher prices of mixed spices and powder milk (5% each), gur and mustard rapeseed oil (4% each), palm oil, copra oil, gola (cattle feed), rice bran oil and coffee powder (3% each), oil cakes, ghee, cotton seed oil and bakery products (2% each) and groundnut oil, soyabean oil and tea dust (unblended) (1% each). However, the prices of tea leaf (unblended) (7%), tea leaf (blended) (5%), tea dust (blended) (3%), processed prawn (2%) and maida (1%) declined. The index for 'Beverages, Tobacco Tobacco Products' group rose by 0.3 percent to 163.8 (Provisional) from 163.3 (Provisional) for the previous month due to higher prices of rectified spirit (4%) and cigarette and soft drinks carbonated water (1% each). However, the prices of zarda (3%) and dried tobacco (1%) declined. The index for 'Textiles' group declined by 1.5 percent to 126.4 (Provisional) from 128.3 (Provisional) for the previous month due to lower prices of gunny hessian cloth and jute yarn (11% each), cotton yarn (4%), jute sacking bag (3%), woollen textiles (2%) and jute sacking cloth, cotton fabric and man made fibre (1% each). However, the prices of tyre cord fabri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... c (7%) moved up. The index for 'Wood Wood Products' group declined by 0.7 percent to 161.3 (Provisional) from 162.5 (Provisional) for the previous month due to lower prices of plywood fibre board (2%). The index for 'Paper Paper Products' group rose by 0.5 percent to 131.6 (Provisional) from 131.0 (Provisional) for the previous month due to higher prices of paper pulp (8%), newspaper (4%), laminated paper (2%) and kraft paper bags and books/ periodicals/ journals (1% each). However, the prices of card board, corrugated sheet boxes and paper rolls (1% each) declined. The index for 'Leather Leather Products' group declined by 0.5 percent to 129.2 (Provisional) from 129.9 (Provisional) for the previous month due to lower prices of leathers (2%) and leather footwear (1%). However, the prices of leather garments jackets (3%) moved up. The index for 'Rubber Plastic Products' group declined by 0.1 percent to 133.4 (Provisional) from 133.6 (Provisional) for the previous month due to lower prices of plastic products and tubes (1% each). However, the prices of tyres and rubber products (1% each) moved up. The index for 'Chemicals Chemical Products' group rose ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by 0.4 percent to 133.5 (Provisional) from 133.0 (Provisional) for the previous month due to higher prices of ammonium sulphate (6%), di ammonium phosphate (4%), paints (3%), turpentine oil, distemper, safety matches/ match box and urea (2% each) and synthetic resin, pigment pigment intermediates, antibiotics, hair / body oils, explosives, ayurvedic medicines and washing powder (1% each). However, the prices of rubber chemicals, basic organic chemicals, basic inorganic chemicals and agarbattis (1%) declined. The index for 'Basic Metals, Alloys Metal Products' group rose by 0.5 percent to 154.1 (Provisional) from 153.4 (Provisional) for the previous month due to higher prices of nuts/bolts/screw/ washers (12%), silver (6%), utensils (other than aluminium) (3%), iron castings, pig iron and chromium / chrome (2% each) and gold gold ornaments, rounds, angles and sponge iron (1% each). However, the prices of zinc and sheets (1% each) declined. The index for 'Machinery Machine Tools' group rose by 0.6 percent to 125.0 (Provisional) from 124.3 (Provisional) for the previous month due to higher prices of control equipments (6%), electric switch gears (4%), transfor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mer and pump assembly (3% each), electric motors (2%) and engines, industrial valves, fans, air conditioner refrigerators, insulators and pvc insulated cable (1% each). However, the prices of microwave oven (5%), ball/roller bearing and batteries (2% each) and fibre optic cable and hydraulic equipment (1% each) declined. FINAL INDEX FOR THE MONTH OF JULY, 2011 (BASE YEAR: 2004-05=100) For the month of July, 2011 the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 154.2 as compared to 154.0 (Provisional) and annual rate of inflation based on final index stood at 9.36 percent as compared to 9.22 percent (Provisional) reported on 16.08.2011. Next date of press release: 14/11/2011 for the month of October, 2011 Annexure-I Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Month of September, 2011 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Sept., 2011 Latest month over month Build up from March Year on year 2010-11 2011-12 2010-11 2011- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 12 2010-11 2011-12 ALL COMMODITIES 100.00000 155.8 0.64 0.58 4.18 4.21 8.98 9.72 PRIMARY ARTICLES 20.11815 202.2 1.97 1.30 8.98 7.44 18.17 11.84 Food Articles 14.33709 196.5 1.81 1.45 9.96 9.78 16.29 9.23 Cereals 3.37323 176.7 0.36 -0.62 1.68 2.55 6.68 4.37 Rice 1.79348 173.3 1.34 0.23 2.02 3.77 5.71 4.02 Wheat 1.11595 168.0 -0.52 -1.18 -0.69 -2.95 7.86 -2.10 Pulses 0.71662 202.0 -2.58 4.61 -1.21 5.76 3.86 2.80 Vegetables 1.73553 216.1 7.55 9.70 43.56 50.80 11.01 14.04 Potato 0.20150 159.7 4.50 6.47 32.16 49.39 -48.16 14.64 Onion 0.17794 253.1 24.35 5.77 19.56 41.32 14.86 23.58 Fruits 2.1071 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 177.1 1.87 -3.80 4.88 -4.01 13.36 15.98 Milk 3.23818 195.3 0.34 1.14 5.92 11.86 24.11 10.28 Egg, Meat Fish 2.41384 215.1 3.16 2.14 13.95 10.08 29.52 9.69 Non-Food Articles 4.25756 184.4 4.42 1.82 6.85 -3.66 20.75 14.82 Fibres 0.87737 227.6 16.84 5.57 21.71 -19.75 36.32 23.76 Oil Seeds 1.78051 160.3 0.94 -0.43 2.57 6.16 4.72 14.75 Minerals 1.52350 306.1 -1.25 -0.16 5.92 14.73 26.77 24.79 FUEL POWER 14.91021 168.4 -0.27 0.84 5.35 6.85 11.06 14.09 Liquefied petroleum gas 0.91468 147.3 0.00 -0.41 14.99 14.27 15.30 14.27 Petrol 1.09015 176.8 0.07 2.55 8.70 11.48 15.42 26.29 High speed diesel 4.67020 167.8 0.00 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.00 6.15 9.24 14.64 9.32 MANUFACTURED PRODUCTS 64.97164 138.6 0.31 0.22 1.98 2.21 4.98 7.69 Food Products 9.97396 151.7 0.86 0.86 -0.92 4.55 3.62 8.05 Sugar 1.73731 171.7 -0.62 0.47 -12.96 0.70 -4.54 7.45 Edible Oils 3.04293 135.8 1.27 1.72 5.00 5.43 5.65 13.45 Beverages, Tobacco Tobacco Product 1.76247 163.8 0.07 0.31 1.69 6.02 6.33 13.43 Cotton Textiles 2.60526 138.1 0.90 -2.81 5.59 -10.73 15.86 12.55 Man Made Textiles 2.20573 118.7 -1.60 -0.42 2.12 -2.78 7.89 7.23 Wood Wood Products 0.58744 161.3 0.68 -0.74 1.84 6.33 2.76 8.18 Paper Paper Products 2.03350 131.6 0.00 0.46 5.10 1.62 5.28 4.78 Leather Leather Products 0.8350 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 129.2 -0.47 -0.54 0.63 2.95 -0.08 0.78 Rubber Plastic Products 2.98697 133.4 0.24 -0.15 3.16 0.30 4.73 7.49 Chemicals Chemical Products 12.01770 133.5 0.16 0.38 1.99 3.25 4.60 8.71 Non-Metallic Mineral Products 2.55597 149.4 -0.42 0.00 0.28 0.74 1.56 4.18 Cement Lime 1.38646 151.3 -0.79 -0.85 -0.66 -1.56 0.67 0.73 Basic Metals Alloys Metal Product 10.74785 154.1 1.02 0.46 4.59 3.91 7.18 10.94 Iron Semis 1.56301 149.7 0.57 0.54 0.16 6.70 5.00 20.73 Machinery Machine Tools 8.93148 125.0 0.25 0.56 1.34 1.38 3.42 3.22 Transport Equipment Parts 5.21282 124.3 0.00 0.00 1.02 1.55 2.93 4.19 Annexure-II ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 Sep-11 Aug-11 July-11 June-11 May-11 Apr-11 ALL COMMODITIES 100.00 9.72 9.78 9.36 9.51 9.56 9.74 PRIMARY ARTICLES 20.12 11.84 12.58 11.47 11.31 12.92 15.09 Food Articles 14.34 9.23 9.62 8.19 7.64 8.25 10.66 Cereals 3.37 4.37 5.39 5.20 5.05 5.76 4.42 Rice 1.79 4.02 5.17 2.41 2.86 3.79 2.32 Wheat 1.12 -2.10 -1.45 1.79 -0.06 -0.42 0.18 Pulses 0.72 2.80 -4.26 -7.48 -9.33 -9.21 -6.37 Vegetables 1.74 14.04 11.80 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.79 -6.45 -0.66 2.02 Potato 0.20 14.64 12.53 7.03 0.48 0.08 -1.09 Onion 0.18 23.58 45.29 27.15 16.11 8.13 6.01 Fruits 2.11 15.98 22.82 14.82 19.79 27.42 44.44 Milk 3.24 10.28 9.41 10.77 11.52 6.11 2.87 Egg, Meat Fish 2.41 9.69 10.78 9.56 9.88 6.59 11.14 Non-Food Articles 4.26 14.82 17.75 15.77 18.44 21.42 26.86 Fibres 0.88 23.76 36.98 29.66 44.61 56.90 87.22 Oil Seeds 1.78 14.75 16.33 13.93 12.85 12.06 10.03 Minerals 1.52 24.79 23.43 25.84 23.41 29.57 23.57 FUEL POWER 14.91 14.09 12.84 12.04 12.85 12.32 13.04 Liquefied petroleum gas 0.91 14.27 14.74 14.58 12.17 11.31 11.31 Petrol 1.09 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 26.29 23.23 23.23 30.61 27.31 21.81 High speed diesel 4.67 9.32 9.32 9.32 6.58 5.49 5.49 MANUFACTURED PRODUCTS 64.97 7.69 7.79 7.73 7.90 7.43 6.80 Food Products 9.97 8.05 8.05 8.13 8.77 7.85 5.94 Sugar 1.74 7.45 6.28 3.96 7.53 5.53 3.45 Edible Oils 3.04 13.45 12.94 14.76 15.80 15.47 13.47 Beverages, Tobacco Tobacco Product 1.76 13.43 13.17 12.60 12.59 9.74 7.71 Cotton Textiles 2.61 12.55 16.86 18.88 25.45 28.89 31.08 Man Made Textiles 2.21 7.23 5.96 7.16 10.13 10.45 11.83 Wood Wood Products 0.59 8.18 9.72 9.61 9.47 5.29 2.89 Paper Paper Products 2.03 4.78 4.30 6.40 7.79 7.88 6.86 Leather Leather Products 0.84 0.78 0.8 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 1.01 1.17 -0.55 -0.16 Rubber Plastic Products 2.99 7.49 7.92 7.76 8.05 8.14 9.52 Chemicals Chemical Products 12.02 8.71 8.48 8.68 8.01 7.50 6.85 Non-Metallic Mineral Products 2.56 4.18 3.75 3.51 4.54 3.59 3.62 Cement Lime 1.39 0.73 0.79 -0.26 2.26 2.04 1.78 Basic Metals Alloys Metal Product 10.75 10.94 11.56 10.64 9.54 8.36 7.49 Iron Semis 1.56 20.73 20.76 19.40 18.80 15.02 12.36 Machinery Machine Tools 8.93 3.22 2.90 3.07 2.99 3.08 2.82 Transport Equipment Parts 5.21 4.19 4.19 3.16 3.00 1.42 2.08 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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