TMI BlogIndex Numbers of Wholesale Price in India (Base: 2004-05=100)Review for the month of November, 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 November, 2015 - News and Press Release Dated:- 14-12-2015 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05=100) for the month of November, 2015 rose by 0.5 percent to 177.6 (provisional) from 176.7 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at -1.99% (provisional) for the month of November, 2015 (over November, 2014) as compared to -3.81% (provisional) for the previous month and -0.17% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.85% compared to a build up rate of 0.50% 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 1.6 percent to 256.5 (provisional) from 252.4 (provisional). 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 2.3 percent to 271.0 (provisional) from 264.9 (provisional) for the previous month due to higher price of fish-inland (9%), urad, egg and moong (6% each), condiments spices, masur and maize (5% each), arhar and fruits vegetables (4% each), barley, tea, gram and poultry chicken (3% each), bajra and pork (2% each) and jowar, wheat and mutton (1% each). However, the price of fish-marine (2%) declined. The index for Non-Food Articles group rose by 0.5 percent to 221.7 (provisional) from 220.7 (provisional) for the previous month due to higher price of niger seed and flowers (10% each), raw jute (8%), rape mustard seed and raw wool (5% each), mesta (4%), fodder (3%), sunflower (2%) and castor seed (1%). However, the price of guar seed (6%), raw rubber, copra (coconut) and cotton seed (4% each), groundnut seed (3%), coir fibre (2%) and gingelly seed and linseed (1% each) declined. The index for Minerals group declined by 2.2 percent to 217.6 (provisional) from 222.5 (provisional) for the previous month due to lower price of iron ore (10%), zinc concentrate (6%) and chromite, phosphorite and sillimanite (1% each). However, the pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice of crude petroleum (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group rose by 0.9 percent to 177.9 (provisional) from 176.4 (provisional) for the previous month due to higher price of high speed diesel (3%) and kerosene and furnace oil (1% each). However, the price of bitumen and aviation turbine fuel (1% each) declined. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group declined by 0.2 percent to 153.0 (provisional) from 153.3 (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 0.3 percent to 174.9 (provisional) from 174.3 (provisional) for the previous month due to higher price of tea dust (blended) and mustard rapeseed oil (3% each), sunflower oil, wheat flour (atta), maida, sugar, ghee and khandsari (2% each) and sooji (rawa), gola (cattle feed), cotton seed oil, rice bran oil and vanaspati (1%). However, the price of tea leaf (blended) (6%), tea dust (unblended) and groundnut oil (3%), gingelly oil and gur (2% each) and copra oil, oil cakes, soyabean oil, palm oil and pow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der milk (1% each) declined. The index for Beverages, Tobacco Tobacco Products group declined by 0.1 percent to 206.0 (provisional) from 206.2 (provisional) for the previous month due to lower price of zarda (4%) and dried tobacco (3%). However, the price of rectified spirit (1%) moved up. The index for Textiles group rose by 0.3 percent to 139.8 (provisional) from 139.4 (provisional) for the previous month due to higher price of gunny and hessian cloth (5%), jute sacking cloth (3%), jute yarn, man made fabric and jute sacking bag (2 % each). However, the price of tyre cord fabric (2%) and cotton yarn (1%) declined. The index for Wood Wood Products group rose by 1.7 percent to 197.7 (provisional) from 194.4 (provisional) for the previous month due to higher price of plywood fibre board (3%). The index for Paper Paper Products group declined by 0.4 percent to 154.6 (provisional) from 155.2 (provisional) for the previous month due to lower price of paper cartons / boxes (3%) and printing and writing paper (1%). The index for Leather Leather Products group declined by 1.0 percent to 143.8 (provisional) from 145.3 (provisional) for the previous ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... month due to lower price of leathers (5%). The index for Rubber Plastic Products group declined by 0.5 percent to 146.3 (provisional) from 147.0 (provisional) for the previous month due to lower price of plastic products (1%). The index for Chemicals Chemical Products group declined by 0.1 percent to 150.6 (provisional) from 150.8 (provisional) for the previous month due to lower price of glycol (7%), non-cyclic compound (3%) and polymers, photographic goods, vitamins, turpentine oil, basic inorganic chemicals, explosives, basic organic chemicals and pigment pigment intermediates (1% each). However, the price of ammonium sulphate (3%), distemper (2%) and pesticides, castor oil, washing soap, rubber chemicals, dye dye intermediates and urea (1% each) moved up. The index for Non-Metallic Mineral Products group declined by 0.7 percent to 176.9 (provisional) from 178.1 (provisional) for the previous month due to lower price of marbles (12%), lime (3%) and polished granite, railway sleeper and white cement (1% each). However, the price of asbestos corrugated sheet (1%) moved up. The index for Basic Metals, Alloys Metal Products group declined by 1.2 p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ercent to 152.2 (provisional) from 154.1 (provisional) for the previous month due to lower price of melting scrap (5%), wire rods and rounds (4% each), billets and rebars (3% each), sponge iron, CRC, pig iron, HRC, angles, sheets, gold gold ornaments, steel rods, plates and ferro manganese (2% each) and joist beams, nuts/bolts/screw/ washers, gp/gc sheets, aluminium, steel structures and ferro chrome (1% each). However, the price of iron castings (2%) and metal containers (1% each) moved up. The index for Transport, Equipment Parts group rose by 0.1 percent to 137.9 (provisional) from 137.7 (provisional) for the previous month due to higher price of gauges (1%). However, the price of railway axle wheel (1%) declined. FINAL INDEX FOR THE MONTH OF SEPTEMBER, 2015 (BASE YEAR: 2004-05=100) For the month of September, 2015, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 176.5 as compared to 176.6 (provisional) and annual rate of inflation based on final index stood at -4.59 percent as compared to -4.54 percent (provisional) respectively as reported on 14.10.2015. Annexure-I Wholesale Price Index and Rates of I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nflation (Base Year: 2004-05=100) Month of November, 20 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Nov- 2015 Latest month over month Build up from March Year on year 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 ALL COMMODITIES 100.00000 177.6 -1.36 0.51 0.50 0.85 -0.17 -1.99 PRIMARY ARTICLES 20.11815 256.5 -0.99 1.62 4.76 7.32 -1.61 2.27 Food Articles 14.33709 271.0 -0.39 2.30 9.80 8.70 0.66 5.20 Cereals 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 37323 236.1 -0.17 0.55 1.69 2.16 2.17 0.47 Rice 1.79348 237.5 -0.65 -0.46 5.73 1.67 5.55 -3.22 Wheat 1.11595 221.5 1.15 1.00 -2.84 2.78 -2.22 4.53 Pulses 0.71662 380.4 0.97 4.39 5.62 47.56 4.43 58.17 Vegetables 1.73553 333.1 -1.48 9.57 47.18 53.64 -28.38 14.08 Potato 0.20150 197.4 0.80 13.64 121.44 30.56 34.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 -53.72 Onion 0.17794 534.1 3.22 -15.11 43.60 60.63 -55.29 52.69 Fruits 2.10717 237.2 -4.11 -1.66 12.14 -2.71 14.68 -2.35 Milk 3.23818 250.8 0.20 0.04 7.30 1.42 10.22 1.58 Egg, Meat Fish 2.41384 279.3 1.64 2.87 1.06 -3.72 3.89 -2.24 Non-Food Articles 4.25756 221.7 -0.71 0.45 -4.23 9.43 -3.65 6.33 Fibres 0.87737 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 202.9 -1.17 0.95 -15.05 4.91 -17.27 0.15 Oil Seeds 1.78051 217.8 -0.92 -0.55 -1.59 6.56 -0.68 6.92 Minerals 1.52350 217.6 -5.67 -2.20 -11.46 -10.56 -13.22 -28.87 FUEL POWER 14.91021 177.9 -5.08 0.85 -6.58 -5.37 -4.53 -11.09 Liquefied petroleum gas 0.91468 160.7 0.41 0.44 -3.45 -1.23 0.12 -5.80 Petrol 1.09015 159.0 -4.68 -0.44 -12.61 -3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .69 -9.55 -9.30 High speed diesel 4.67020 181.4 -8.82 2.78 -5.67 -10.73 -1.93 -16.83 MANUFACTURED PRODUCTS 64.97164 153.0 -0.45 -0.20 0.65 -0.58 1.90 -1.42 Food Products 9.97396 174.9 -0.35 0.34 2.48 2.82 1.58 0.92 Sugar 1.73731 167.9 -1.87 2.00 3.05 -3.78 0.21 -11.16 Edible Oils 3.04293 150.3 0.28 0.20 -1.77 3.80 -3.29 4.45 Bev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erages, Tobacco Tobacco Product 1.76247 206.0 0.30 -0.10 3.17 1.38 9.08 2.03 Cotton Textiles 2.60526 155.6 -1.23 -0.19 -2.79 -1.33 0.63 -2.93 Man Made Textiles 2.20573 130.8 -1.09 0.38 0.81 -1.36 1.64 -3.89 Wood Wood Products 0.58744 197.7 0.16 1.70 0.00 4.22 4.58 5.50 Paper Paper Products 2.03350 154.6 -0.07 -0.39 2.37 1.11 5.37 2.32 Leather Leather Products 0.83509 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 143.8 -0.07 -1.03 0.07 1.05 0.34 -1.57 Rubber Plastic Products 2.98697 146.3 -0.53 -0.48 0.20 -1.35 1.56 -2.60 Chemicals Chemical Products 12.01770 150.6 -0.13 -0.13 0.39 -0.20 2.68 -1.70 Non-Metallic Mineral Products 2.55597 176.9 -0.57 -0.67 4.60 -1.01 5.86 0.97 Cement Lime 1.38646 173.7 -1.38 0.00 4.14 -2.25 4.21 1.64 Basic Metals Alloys Metal Product 10.74785 152.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -0.90 -1.23 -1.49 -5.99 0.06 -7.81 Iron Semis 1.56301 135.5 -1.51 -1.17 -1.51 -9.00 2.76 -13.42 Machinery Machine Tools 8.93148 134.9 -0.15 0.00 1.13 -0.07 1.74 0.15 Transport Equipment Parts 5.21282 137.9 -0.07 0.15 0.07 0.44 0.07 1.47 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 Nov-15 Oct-15 Sept-15 August-15 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... July-15 June-15 ALL COMMODITIES 100.00 -1.99 -3.81 -4.59 -5.06 -4.00 -2.13 PRIMARY ARTICLES 20.12 2.27 -0.36 -2.29 -4.21 -3.98 -0.48 Food Articles 14.34 5.20 2.44 0.84 -1.02 -1.20 3.12 Cereals 3.37 0.47 -0.25 -1.02 -1.98 -1.66 -0.39 Rice 1.79 -3.22 -3.40 -3.76 -3.89 -2.86 -1.62 Wheat 1.12 4.53 4.68 3.29 2.09 1.96 1.84 Pulses 0.72 58.17 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 52.98 38.94 36.49 36.18 36.78 Vegetables 1.74 14.08 2.56 -8.60 -20.03 -24.43 -6.82 Potato 0.20 -53.72 -58.95 -57.98 -51.76 -48.87 -51.60 Onion 0.18 52.69 85.66 120.69 74.44 -0.49 19.07 Fruits 2.11 -2.35 -4.78 -5.15 -1.42 -4.52 7.60 Milk 3.24 1.58 1.75 2.16 2.08 5.30 5.18 Egg, Meat Fish 2.41 -2.24 -3.42 2.02 3.30 2.52 -2.25 Non-Food Articles ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.26 6.33 5.10 2.70 -0.46 -0.51 1.16 Fibres 0.88 0.15 -1.95 -6.86 -9.09 -10.88 -11.63 Oil Seeds 1.78 6.92 6.52 2.50 -2.20 -0.23 3.06 Minerals 1.52 -28.87 -31.39 -34.27 -34.35 -29.83 -27.64 FUEL POWER 14.91 -11.09 -16.32 -17.71 -16.21 -11.56 -8.86 Liquefied petroleum gas 0.91 -5.80 -5.83 -5.45 -5.32 -4.90 -4.85 Petrol 1.09 -9.30 -13.16 -14.78 -13.82 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -11.14 -7.10 High speed diesel 4.67 -16.83 -26.21 -28.10 -25.37 -15.91 -9.86 MANUFACTURED PRODUCTS 64.97 -1.42 -1.67 -1.73 -1.99 -1.54 -0.77 Food Products 9.97 0.92 0.23 -0.69 -2.11 -1.94 -0.46 Sugar 1.74 -11.16 -14.54 -16.45 -18.44 -17.63 -13.26 Edible Oils 3.04 4.45 4.53 3.35 1.17 1.37 2.83 Beverages, Tobacco Tobacco Product 1.76 2.03 2.43 2.13 2.13 3.15 3.99 Cotton Textiles ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.61 -2.93 -3.94 -4.52 -5.02 -5.29 -4.96 Man Made Textiles 2.21 -3.89 -5.31 -4.91 -3.49 -2.63 -1.03 Wood Wood Products 0.59 5.50 3.90 3.91 4.36 6.14 5.24 Paper Paper Products 2.03 2.32 2.65 2.72 3.00 2.67 2.54 Leather Leather Products 0.84 -1.57 -0.62 -0.95 -0.75 -1.89 -0.96 Rubber Plastic Products 2.99 -2.60 -2.65 -2.71 -1.85 -0.93 -0.33 Chemicals Chemical Products 12.02 -1.70 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -1.69 -1.89 -1.88 -1.69 -1.17 Non-Metallic Mineral Products 2.56 0.97 1.08 1.26 2.75 3.48 4.62 Cement Lime 1.39 1.64 0.23 1.04 2.51 2.47 4.95 Basic Metals Alloys Metal Product 10.75 -7.81 -7.50 -6.74 -7.50 -6.28 -4.91 Iron Semis 1.56 -13.42 -13.72 -10.90 -12.31 -10.64 -9.67 Machinery Machine Tools 8.93 0.15 0.00 0.07 0.30 0.30 0.52 Transport Equipment Parts 5.21 1.47 1.25 1.25 1.10 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.25 1.18 - 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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