TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100)Review for the month of May, 2015X 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 May, 2015 - News and Press Release Dated:- 15-6-2015 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05=100) for the month of May, 2015 rose by 1.0 percent to 177.7 (provisional) from 176.0 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at -2.36% (provisional) for the month of May, 2015 (over May, 2014) as compared to -2.65% (provisional) for the previous month and 6.18% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.91% compared to a build up rate of 0.94% 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 1.3 percent to 244.9 (provisional) from 241.8 (provisional) for the previous month The groups and items which showed variations during the month are as follows:- The in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dex for Food Articles group rose by 0.5 percent to 253.9 (provisional) from 252.7 (provisional) for the previous month due to higher price of gram (11%), urad (8%), arhar (6%), masur and tea (5% each), moong (4%), fish-marine (3%), egg (2%) and jowar, condiments spices and milk (1% each). However, the price of beef buffalo meat, poultry chicken and barley (3% each), ragi (2%) and maize, wheat, coffee, pork and fruits vegetables (1% each) declined. The index for Non-Food Articles group rose by 5.1 percent to 213.9 (provisional) from 203.5 (provisional) for the previous month due to higher price of soyabean (15%), guar seed and sugarcane (13% each), flowers (9%), raw wool (7%), logs timber, groundnut seed and raw rubber (6% each), raw cotton (5%), castor seed (4%), sunflower and cotton seed (2% each) and safflower (kardi seed), mesta, rape mustard seed and raw jute (1% each). However, the price of raw silk, gingelly seed and niger seed (7% each) and copra (coconut) (4%) and fodder (1%) declined. The index for Minerals group rose by 0.4 percent to 247.7 (provisional) from 246.6 (provisional) for the previous month due to higher price of sillimanite (9%) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , crude petroleum (4%) and zinc concentrate and copper ore (2% each). However, the price of barytes (13%), manganese ore (7%), magnesite (5%) and chromite and iron ore (4% each) declined. FUEL POWER (Weight 14.91%) The index for this major group rose by 3.0 percent to 189.8 (provisional) from 184.2 (provisional) for the previous month due to higher price of furnace oil (12%), petrol (8%), high speed diesel (4%), bitumen (3%), electricity (agricultural) (2%) and electricity (railway traction), electricity (industry) and electricity (domestic) (1% each). MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.2 percent to 154.1 (provisional) from 153.8 (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 1.1 percent to 171.7 (provisional) from 169.8 (provisional) for the previous month due to higher price of tea dust (blended) (10%), gram powder (besan) (8%), oil cakes (6%), tea leaf (blended) (4%), copra oil and mustard rapeseed oil (3% each), sunflower oil, vanaspati and bakery products (2% each) and mixed s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pices, groundnut oil and rice bran oil (1% each). However, the price of gola (cattle feed) (3%), tea dust (unblended) (2%) and khandsari, tea leaf (unblended), wheat flour (atta) and soyabean oil (1% each) declined. The index for Beverages, Tobacco Tobacco Products group declined by 0.2 percent to 203.0 (provisional) from 203.5 (provisional) for the previous month due to lower price of cigarette (1%). However, the price of beer (1%) moved up. The index for Textiles group declined by 0.1 percent to 140.1(provisional) from 140.3 (provisional) for the previous month due to lower price of tyre cord fabric (5%), man made fibre (2%) and cotton yarn (1%). However, the price of jute sacking bag, woollen textiles and cotton fabric (1% each) moved up. The index for Wood Wood Products group rose by 0.5 percent to 192.9 (provisional) from 192.0 (provisional) for the previous month due to higher price of timber / wooden planks (2%). The index for Paper Paper Products group declined by 0.2 percent to 152.8 (provisional) from 153.1 (provisional) for the previous month due to lower price of kraft paper bags (2%) and corrugated sheet boxes (1%). However, the pric ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of paper cartons / boxes and paper pulp (1% each) moved up. The index for Leather Leather Products group rose by 1.2 percent to 143.5 (provisional) from 141.8 (provisional) for the previous month due to higher price of leather footwear (2%). The index for Rubber Plastic Products group rose by 0.5 percent to 148.8 (provisional) from 148.1 (provisional) for the previous month due to higher price of tyres and plastic products (1% each). The index for Chemicals Chemical Products group rose by 0.1 percent to 150.9 (provisional) from 150.7 (provisional) for the previous month due to higher price of washing soap (5%), paints (2%) and non-cyclic compound, explosives, ayurvedic medicines and pigment pigment intermediates (1% each). However, the price of rubber chemicals (2%) and dye dye intermediates and basic organic chemicals (1% each) declined. The index for Non-Metallic Mineral Products group declined by 0.4 percent to 176.9 (provisional) from 177.6 (provisional) for the previous month due to lower price of marbles (6%) and grey cement (2%). However, the price of bricks tiles (4%), slag cement (2%) and railway sleeper (1%) moved up. The inde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x for Basic Metals, Alloys Metal Products group declined by 0.1 percent to 161.8 (provisional) from 162.0 (provisional) for the previous month due to lower price of plates (5%), wire rods (3%), rounds, billets, pencil ingots, gp/gc sheets, melting scrap, CRC and angles (2% each) and pig iron, rebars, sponge iron, joist beams, ferro manganese, aluminium, gold gold ornaments, HRC and ferro chrome (1% each). However, the price of copper products (other than wire) (15%), steel rods (13%), brass (5%), pipes/tubes/rods/strips, iron castings and pressure cooker (2% each) and silver, metal containers, steel: pipes tubes and sheets (1% each) moved up. The index for Transport, Equipment Parts group rose by 0.1 percent to 137.6 (provisional) from 137.4 (provisional) for the previous month due to higher price of shafts (all kinds) (2%) and railway brake gear (1%). FINAL INDEX FOR THE MONTH OF MARCH, 2015 (BASE YEAR: 2004-05=100) For the month of March, 2015, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) and annual rate of inflation remained unchanged at its provisional level of 176.1 and -2.33 percent respectively as reported on 15.04.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 015. Next date of press release: 14/07/2015 for the month of June, 2015 Office of Economic Adviser, Ministry of Commerce Industry, New Delhi, 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=100) Month of May, 2015 Commodities/Major Groups/Groups/Sub-Groups Weight WPI May, 2015 Latest month over month Build up from March Year on year 2013-14 2014-15 2013-14 2014-15 2013-14 2014-15 ALL COMMODITIES 100.00000 177.7 0.66 0.97 0.94 0.91 6.18 -2.36 PRIMARY ARTICLES 20.11815 244.9 1.82 1.28 3.09 2.47 8.58 -0.77 Food Articles ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 14.33709 253.9 2.34 0.47 4.26 1.85 9.64 3.80 Cereals 3.37323 230.1 -0.04 -0.56 -0.30 -0.43 7.81 -0.13 Rice 1.79348 233.6 1.58 -0.17 2.46 0.00 12.75 -1.77 Wheat 1.11595 213.5 -2.30 -1.34 -4.77 -0.93 3.44 2.79 Pulses 0.71662 284.0 1.00 7.54 1.54 10.16 -0.17 22.84 Vegetables 1.73553 223.5 7.55 2.95 19.25 3.09 0.08 -5.54 Potato 0.20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 150 135.8 23.03 0.44 46.73 -10.19 37.12 -51.95 Onion 0.17794 312.1 8.82 0.81 6.40 -6.14 -3.46 20.41 Fruits 2.10717 254.9 2.04 -2.93 8.31 4.55 19.45 8.65 Milk 3.23818 249.6 1.34 0.81 1.52 0.93 9.57 6.85 Egg, Meat Fish 2.41384 292.1 3.58 0.45 2.44 0.69 12.51 0.86 Non-Food Articles 4.25756 213.9 0.88 5.11 0.51 5.58 4.94 -2.24 Fibres 0.87737 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 209.3 0.98 3.21 -0.38 8.22 8.44 -11.91 Oil Seeds 1.78051 215.4 3.23 4.06 5.12 5.38 4.97 -1.01 Minerals 1.52350 247.7 0.12 0.45 0.14 1.81 8.06 -28.41 FUEL POWER 14.91021 189.8 0.14 3.04 -0.98 0.96 10.53 -10.51 Liquefied petroleum gas 0.91468 162.9 -0.92 0.00 -2.77 0.12 7.11 -5.18 Petrol 1.09015 173.6 -0.61 8.09 -2.44 5.15 12.28 -11.29 High speed diesel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.67020 205.3 0.96 4.21 0.48 1.03 14.21 -11.62 MANUFACTURED PRODUCTS 64.97164 154.1 0.32 0.20 0.58 0.13 3.88 -0.64 Food Products 9.97396 171.7 0.70 1.12 2.19 0.94 3.29 -0.64 Sugar 1.73731 172.6 0.11 -0.12 3.49 -1.09 -0.89 -9.06 Edible Oils 3.04293 146.3 -0.14 1.18 -0.41 1.04 -0.82 0.27 Beverages, Tobacco Tobacco Product 1.76247 203.0 0.10 -0.25 0.97 -0.10 8.45 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .73 Cotton Textiles 2.60526 156.8 1.09 0.00 1.46 -0.57 9.13 -6.28 Man Made Textiles 2.20573 131.1 0.30 -1.50 0.07 -1.13 6.04 -2.96 Wood Wood Products 0.58744 192.9 -1.11 0.47 -0.27 1.69 6.68 3.21 Paper Paper Products 2.03350 152.8 0.00 -0.20 1.22 -0.07 6.26 2.28 Leather Leather Products 0.83509 143.5 -0.41 1.20 -1.16 0.84 4.49 -0.55 Rubber Plastic Products 2.98697 148.8 -0.20 0.47 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -0.07 0.34 5.34 -0.67 Chemicals Chemical Products 12.01770 150.9 -0.07 0.13 0.33 0.00 4.93 -1.44 Non-Metallic Mineral Products 2.55597 176.9 0.72 -0.39 0.24 -1.01 0.90 5.36 Cement Lime 1.38646 172.8 0.68 -1.54 -0.18 -2.76 -3.93 5.49 Basic Metals Alloys Metal Product 10.74785 161.8 0.24 -0.12 -0.42 -0.06 2.39 -3.06 Iron Semis 1.56301 148.2 0.94 -1.40 1.01 -0.47 3.82 -7.66 Machinery Machine Tools ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8.93148 134.9 0.30 0.00 0.45 -0.07 2.45 0.82 Transport Equipment Parts 5.21282 137.6 0.07 0.15 0.00 0.22 2.72 1.33 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 May-15 Apr-15 Mar-15 Feb-15 Jan-15 Dec-14 ALL COMMODITIES 100.00 -2.36 -2.65 -2.33 -2.17 -0.95 -0.50 PRIMARY ARTICLES 20.12 -0.77 -0.25 -0.17 1.01 1.38 0.29 Food Article ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 14.34 3.80 5.73 6.27 7.83 8.00 4.95 Cereals 3.37 -0.13 0.39 0.00 1.13 1.70 1.35 Rice 1.79 -1.77 -0.04 0.65 3.28 4.00 4.43 Wheat 1.12 2.79 1.79 -1.19 -2.40 -1.63 -2.36 Pulses 0.72 22.84 15.38 13.22 14.50 12.56 5.93 Vegetables 1.74 -5.54 -1.32 9.27 15.28 18.63 -6.41 Potato 0.20 -51.95 -41.14 -21.50 -5.20 -8.01 0.52 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Onion 0.18 20.41 29.97 36.49 25.96 -3.34 -19.70 Fruits 2.11 8.65 14.22 12.56 16.84 16.95 17.77 Milk 3.24 6.85 7.42 7.48 7.99 9.57 9.41 Egg, Meat Fish 2.41 0.86 4.01 2.62 1.59 -1.26 1.15 Non-Food Articles 4.26 -2.24 -6.18 -6.94 -5.64 -4.16 -3.62 Fibres 0.88 -11.91 -13.81 -18.91 -22.69 -19.06 -13.86 Oil Seeds 1.78 -1.01 -1.80 -1.26 -0.20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.54 -0.88 Minerals 1.52 -28.41 -28.65 -29.58 -29.55 -30.42 -22.73 FUEL POWER 14.91 -10.51 -13.03 -12.23 -14.77 -11.02 -7.82 Liquefied petroleum gas 0.91 -5.18 -6.06 -7.92 -8.86 -7.65 -3.19 Petrol 1.09 -11.29 -18.44 -17.70 -21.80 -17.43 -11.96 High speed diesel 4.67 -11.62 -14.39 -12.11 -17.59 -11.43 -6.31 MANUFACTURED PRODUCTS 64.97 -0.64 -0.52 -0.19 0.26 1.05 1.44 Food Product ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 9.97 -0.64 -1.05 0.59 1.25 2.02 1.30 Sugar 1.74 -9.06 -8.86 -4.85 -2.20 -1.63 -1.33 Edible Oils 3.04 0.27 -1.03 -1.16 -0.82 -0.41 -3.44 Beverages, Tobacco Tobacco Product 1.76 2.73 3.09 3.83 4.06 3.91 8.37 Cotton Textiles 2.61 -6.28 -5.26 -4.37 -2.47 -0.63 0.00 Man Made Textiles 2.21 -2.96 -1.19 -1.78 -1.71 -1.49 0.90 Wood Wood Products 0.59 3.21 1.59 1.23 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.99 4.24 5.29 Paper Paper Products 2.03 2.28 2.48 3.59 3.56 3.70 4.14 Leather Leather Products 0.84 -0.55 -2.14 -2.53 -2.34 -1.25 -0.55 Rubber Plastic Products 2.99 -0.67 -1.33 -1.07 -0.74 0.13 0.88 Chemicals Chemical Products 12.02 -1.44 -1.63 -1.11 -0.79 0.46 1.67 Non-Metallic Mineral Products 2.56 5.36 6.54 6.69 5.26 5.23 4.26 Cement Lime 1.39 5.49 7.87 8.29 5.20 4.44 2.73 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Basic Metals Alloys Metal Product 10.75 -3.06 -2.70 -3.40 -2.21 -0.96 -0.24 Iron Semis 1.56 -7.66 -5.47 -6.29 -5.02 -2.42 0.13 Machinery Machine Tools 8.93 0.82 1.12 1.35 1.81 2.19 1.51 Transport Equipment Parts 5.21 1.33 1.25 1.10 0.96 0.81 0.07 - 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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