TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2013X X X X Extracts X X X X X X X X Extracts X X X X ..... Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2013 - News and Press Release Dated:- 14-2-2013 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month January, 2013 rose by 0.4 percent to 169.2 (Provisional) from 168.6 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.62% (Provisional) for the month of January, 2013 (over January, 2012) as compared to 7.18% (Provisional) for the previous month and 7.23% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.09% compared to a build up of 6.15% 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 0.6 percent to 221.4 (Provisional) from 220.0 (Provisional) for the previous month. The groups and items which showed variations during the month are as follows:- The index for `F ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ood Articles` group rose by 0.8 percent to 213.8 (Provisional) from 212.2 (Provisional) for the previous month due to higher price of poultry chicken (21%), condiments spices and bajra (4% each), maize (3 %), egg, fish-marine and fish-inland (2% each) and moong, jowar, mutton and urad (1% each). However, the price of gram (3%), coffee (2%) and arhar, ragi and tea (1% each) declined. The index for `Non-Food Articles` group declined by 0.3 percent to 202.3 (Provisional) from 202.9 (Provisional) for the previous month due to lower price of flowers (14%), cotton seed (3%), rape mustard seed and fodder (2% each) and raw cotton and linseed (1% each). However, the price of gingelly seed (16%), niger seed (6%), copra and raw jute (5% each), castor seed (4%), groundnut seed (2%) and raw silk and logs timber (1% each) moved up. The index for `Minerals` group rose by 1.8 percent to 347.0 (Provisional) from 340.8 (Provisional) for the previous month due to higher price of barytes (47%), sillimanite (19%), iron ore (4%) and crude petroleum (1%). However, the price of zinc concentrate (7%), magnesite (3%) and copper ore (1%) declined. FUEL POWER (Weight 14.91%) The index for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this major group rose by 0.3 percent to 189.5 (Provisional) from 188.9 (Provisional) for the previous month due to higher price of bitumen (6%), light diesel oil and furnace oil (1% each). However, the price of aviation turbine fuel (1%) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.2 percent to 148.3 (Provisional) from 148.0 (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 declined by 0.7 percent to 165.9 (Provisional) from 167.1 (Provisional) for the previous month due to lower price of gur (5%), sugar and palm oil (3% each), cotton seed oil, oil cakes, khandsari and gola (cattle feed) (2% each) and sooji (rawa), tea dust (unblended) and tea leaf (blended) (1% each). However, the price of coffee powder (14%), gingelly oil (5%), wheat flour (atta) (3%) and canned fish and bakery products (1% each) moved up. The index for `Beverages, Tobacco Tobacco Products` group rose by 0.2 percent to 177.0 (Provisional) from 176.6 (Provisional) for the previous month due to higher price of soft drinks carbonate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d water (2%) and dried tobacco (1%). The index for `Textiles` group rose by 0.9 percent to 133.4 (Provisional) from 132.2 (Provisional) for the previous month due to higher price of man made fibre, man made fabric and woollen textiles (2% each) and jute sacking cloth (1%). However, the price of gunny and hessian cloth (2%) and tyre cord fabric (1%) declined. The index for `Wood Wood Products` group rose by 1.2 percent to 174.4 (Provisional) from 172.3 (Provisional) for the previous month due to higher price of plywood fibre board (2%). The index for `Paper Paper Products` group rose by 0.4 percent to 137.8 (Provisional) from 137.2 (Provisional) for the previous month due to higher price of computer stationery (7%), kraft paper bags (2%) and corrugated sheet boxes and cream laid woven paper (1% each). However, the price of paper rolls and paper cartons / boxes (1 % each) declined. The index for `Leather Leather Products` group rose by 0.5 percent to 135.7 (Provisional) from 135.0 (Provisional) for the previous month due to higher price of leather footwear (1%). The index for `Rubber Plastic Products` group rose by 0.1 percent to 138.3 (Provisional) from 13 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8.1 (Provisional) for the previous month due to higher price of tooth brush (3%) and hdpe woven fabric (2%). The index for `Chemicals Chemical Products` group rose by 0.6 percent to 144.9 (Provisional) from 144.0 (Provisional) for the previous month due to higher price of organic manure (12%), explosives (6%), di ammonium phosphate (4%), turpentine oil (2%) and non-cyclic compound, hair / body oils, ayurvedic medicines and vitamins (1% each). However, the price of ammonium sulphate (5%) and antibiotics and safety matches/ match box (1% each) declined. The index for `Basic Metals, Alloys Metal Products` group rose by 0.2 percent to 166.0 (Provisional) from 165.7 (Provisional) for the previous month due to higher price of pencil ingots (5%), ferro chrome (2%) and lead, aluminium and zinc (1% each). However, the price of copper wire (all types) (4%), angles (2%) and pig iron, wire rods, metal containers, silver and iron steel wire (1% each) declined. The index for `Machinery Machine Tools` group rose by 0.2 percent to 129.1 (Provisional) from 128.9 (Provisional) for the previous month due to higher price of grinding /wet coffee machinery and texti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le machinery (3 % each), fibre optic cable (2%) and fans, insulators, control equipments, material handling equipments and electrical pumps (1% each). However, the price of industrial furnaces and engines (2% each) and electric motors and ball/roller bearing (1% each) declined. The index for `Transport, Equipment Parts` group rose by 0.2 percent to 131.3 (Provisional) from 131.0 (Provisional) for the previous month due to higher price of auto rickshaw / tempo / matador (1%). FINAL INDEX FOR THE MONTH OF NOVEMBER , 2012 (BASE YEAR: 2004-05=100) For the month of November, 2012, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) and annual rate of inflation remained unchanged at its provisional level of 168.8 and 7.24 percent respectively as reported on 14.12.2012. Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100) Annexure-I Month of January, 2013 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Jan., 2013 Latest month over month Build up from March ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Year on year 2011-12 2012-13 2011-12 2012-13 2011-12 2012-13 ALL COMMODITIES 100.00000 169.2 0.89 0.36 6.15 5.09 7.23 6.62 PRIMARY ARTICLES 20.11815 221.4 0.90 0.64 6.64 6.54 2.76 10.31 Food Articles 14.33709 213.8 0.10 0.75 6.76 8.47 -0.68 11.88 Cereals 3.37323 209.5 1.03 0.24 2.96 16.20 2.25 18.09 Rice 1.79348 202.0 -0.52 -0.35 3.11 15.17 0.94 17.31 Wheat 1.11595 205.4 1.56 0.05 -2.25 19.35 -3.42 21.39 Pulses 0.71662 246.4 -0.99 -1.56 10.37 17.17 11.01 16.89 Vegetables 1.73553 188.7 -6.67 -2.73 2.51 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -0.68 -43.74 28.45 Potato 0.20150 177.1 -10.74 -15.47 -7.48 39.89 -23.15 79.07 Onion 0.17794 319.4 -16.16 4.79 -15.69 134.85 -75.62 111.52 Fruits 2.10717 186.7 -0.75 1.74 -6.67 5.84 6.43 8.42 Milk 3.23818 210.4 1.51 0.19 15.35 4.52 12.33 4.47 Egg, Meat Fish 2.41384 253.2 2.97 3.56 16.94 10.37 18.27 10.81 Non-Food Articles 4.25756 202.3 2.18 -0.30 -4.34 6.53 0.72 10.49 Fibres 0.87737 204.8 -2.40 -0.44 -29.87 5.19 -15.04 2.97 Oil Seeds 1.78051 204.9 4.14 1.29 8.21 19.61 12.77 25.40 Minerals 1.52350 34 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.0 3.41 1.82 27.40 -3.29 30.73 2.09 FUEL POWER 14.91021 189.5 2.49 0.32 12.31 6.58 16.99 7.06 Liquefied petroleum gas 0.91468 153.6 0.00 0.26 14.27 4.28 14.27 4.28 Petrol 1.09015 184.4 0.00 0.33 12.04 3.77 15.02 3.77 High speed diesel 4.67020 193.0 0.00 0.36 9.24 15.02 9.24 15.02 MANUFACTURED PRODUCTS 64.97164 148.3 0.43 0.20 4.35 4.00 6.71 4.81 Food Products 9.97396 165.9 0.00 -0.72 5.65 7.66 5.51 8.22 Sugar 1.73731 196.9 -1.93 -3.00 4.05 12.26 2.54 10.99 Edible Oils 3.04293 149.3 1.61 -0.47 8.07 5.44 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9.43 7.26 Beverages, Tobacco Tobacco Product 1.76247 177.0 1.09 0.23 8.16 5.17 10.96 5.92 Cotton Textiles 2.60526 146.9 0.00 -0.07 -10.02 3.96 0.36 5.53 Man Made Textiles 2.20573 127.2 0.67 2.33 -1.88 5.91 2.04 6.18 Wood Wood Products 0.58744 174.4 0.92 1.22 7.98 5.83 8.98 6.47 Paper Paper Products 2.03350 137.8 -0.23 0.44 1.93 3.84 4.27 4.39 Leather Leather Products 0.83509 135.7 -0.23 0.52 4.62 3.04 6.57 3.35 Rubber Plastic Products 2.98697 138.3 0.30 0.14 0.98 2.75 3.31 2.98 Chemicals Chemical Products 12.01770 144.9 0.95 0.63 6.57 4.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 9.45 5.15 Non-Metallic Mineral Products 2.55597 163.3 -0.06 0.00 5.12 3.22 8.11 4.75 Cement Lime 1.38646 167.4 -0.74 -0.65 4.16 2.64 7.96 4.56 Basic Metals Alloys Metal Product 10.74785 166.0 0.56 0.18 8.70 1.65 12.33 2.98 Iron Semis 1.56301 160.8 1.66 1.52 13.68 -2.55 19.21 0.82 Machinery Machine Tools 8.93148 129.1 0.24 0.16 2.19 2.14 3.03 2.46 Transport Equipment Parts 5.21282 131.3 0.16 0.23 2.53 3.88 3.29 4.62 Annexure-II Trend of Rate of Inflation for some important items during last six months ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Commodities/Major Groups/Groups/Sub-Groups Weight (%) Rate of Inflation for the last six months Jan-13 Dec-12 Nov-12 Oct-12 Sept-12 Aug-12 ALL COMMODITIES 100.00 6.62 7.18 7.24 7.32 8.07 8.01 PRIMARY ARTICLES 20.12 10.31 10.61 9.56 7.81 9.22 11.23 Food Articles 14.34 11.88 11.16 8.80 6.72 8.06 9.34 Cereals 3.37 18.09 19.02 17.84 16.28 14.35 10.77 Rice 1.79 17.31 17.10 15.28 14.97 12.58 10.35 Wheat 1.12 21.39 23.23 23.25 19.78 18.87 12.97 Pulses 0.72 16.89 17.57 18.77 19.86 28.98 34.54 Vegetables 1.74 28.45 23.25 -1.53 -9.05 -6.73 10.08 Potato 0.20 79.07 89.08 67.85 49.13 52.45 70.74 O ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nion 0.18 111.52 69.24 16.55 -9.12 -24.69 -20.71 Fruits 2.11 8.42 5.76 7.43 3.43 7.02 1.30 Milk 3.24 4.47 5.85 6.18 6.35 6.45 6.68 Egg, Meat Fish 2.41 10.81 10.18 14.24 13.10 13.22 14.20 Non-Food Articles 4.26 10.49 13.23 14.04 11.43 10.43 14.08 Fibres 0.88 2.97 0.93 -1.34 -4.74 -5.67 3.53 Oil Seeds 1.78 25.40 28.94 30.60 27.25 29.13 28.83 Minerals 1.52 2.09 3.68 6.88 8.63 13.87 18.12 FUEL POWER 14.91 7.06 9.38 9.97 11.65 12.00 8.74 Liquefied petroleum gas 0.91 4.28 4.01 4.01 2.04 1.09 0.68 Petrol 1.09 3.77 3.43 1.48 3.75 6.73 9.45 High speed diesel 4.67 15.02 14.60 14.60 14.60 8.94 0.4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8 MANUFACTURED PRODUCTS 64.97 4.81 5.04 5.41 5.95 6.47 6.36 Food Products 9.97 8.22 9.00 9.25 9.82 10.28 9.28 Sugar 1.74 10.99 12.22 15.48 18.88 19.87 16.91 Edible Oils 3.04 7.26 9.49 9.76 9.38 10.71 10.91 Beverages, Tobacco Tobacco Product 1.76 5.92 6.84 8.13 8.85 7.32 6.78 Cotton Textiles 2.61 5.53 5.60 5.46 6.30 7.03 4.94 Man Made Textiles 2.21 6.18 4.45 4.36 3.77 4.37 3.97 Wood Wood Products 0.59 6.47 6.16 5.98 5.81 5.82 6.40 Paper Paper Products 2.03 4.39 3.70 3.47 3.10 3.02 2.96 Leather Leather Products 0.84 3.35 2.58 2.50 2.68 3.78 4.24 Rubber Plastic Products 2.99 2.98 3.14 3.30 3.15 3.30 2.69 Chemicals ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Chemical Products 12.02 5.15 5.49 6.27 6.66 7.62 7.82 Non-Metallic Mineral Products 2.56 4.75 4.68 4.75 6.63 9.30 9.96 Cement Lime 1.39 4.56 4.46 4.73 8.13 12.20 12.97 Basic Metals Alloys Metal Product 10.75 2.98 3.37 4.45 6.32 7.39 8.05 Iron Semis 1.56 0.82 0.96 4.32 6.01 7.84 8.58 Machinery Machine Tools 8.93 2.46 2.55 2.63 2.63 2.56 2.97 Transport Equipment Parts 5.21 4.62 4.55 4.39 4.32 4.09 3.61 DS/RK (Release ID :92218) - 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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