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Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2016

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..... Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2016 - News and Press Release Dated:- 15-2-2016 - News - The official Wholesale Price Index for All Commodities (Base: 2004-05=100) for the month of January, 2016 declined by 1.0 percent to 175.7 (provisional) from 177.4 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at -0.90% (provisional) for the month of January, 2016 (over January, 2015) as compared to -0.73% (provisional) for the previous month and -0.95% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was -0.23% compared to a build up rate of -1.66% 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 declined by 1.7 percent to 253.3 (provisional) from 257.8 (provisional) for the previous month. The groups and items which showed variations during the mo .....

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..... nth are as follows:- The index for 'Food Articles' group declined by 1.9 percent to 267.6 (provisional) from 272.7 (provisional) for the previous month due to lower price of fruits vegetables (6%), jowar (4%), arhar (3%), condiments spices, urad and gram (2% each) and poultry chicken, moong, masur, coffee and rice (1% each). However, the price of egg and bajra (3% each), tea, ragi, beef buffalo meat and barley (2% each) and pork and fish-inland (1% each) moved up. The index for 'Non-Food Articles' group rose by 0.3 percent to 224.5 (provisional) from 223.9 (provisional) for the previous month due to higher price of mesta (12%), flowers (9%), raw jute and raw silk (7% each), raw wool (6%), cotton seed (4%), raw cotton (2 %) and gingelly seed (sesamum) (1%). However, the price of copra (coconut) (8%), castor seed (7%), niger seed (6%), raw rubber (5%), coir fibre (3%), linseed, soyabean, rape mustard seed and fodder (2% each) and sunflower (1%) declined. The index for 'Minerals' group declined by 6.2 percent to 199.2 (provisional) from 212.3 (provisional) for the previous month due to lower price of crude petroleum, iron ore and lim .....

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..... estone (7% each), manganese ore (6%), copper ore (5%) and zinc concentrate (3%). However, the price of magnesite (13%), chromite (4%), phosphorite (3%) and sillimanite (1%) moved up. FUEL POWER (Weight 14.91%) The index for this major group declined by 2.9 percent to 171.6 (provisional) from 176.8 (provisional) for the previous month due to lower price of furnace oil (18%), aviation turbine fuel (12%), bitumen (9%), high speed diesel (4%), petrol (2%) and kerosene (1%). However, the price of LPG (1%) moved up. MANUFACTURED PRODUCTS (Weight 64.97%) The index for this major group rose by 0.1 percent to 152.7 (provisional) from 152.6 (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 Products' group rose by 0.7 percent to 176.7 (provisional) from 175.4 (provisional) for the previous month due to higher price of sugar (5%), mixed spices and oil cakes (3% each), cotton seed oil and khandsari (2% each) and sooji (rawa), processed prawn, gola (cattle feed), sunflower oil, gingelly oil and gram powder (besan) (1% each). However, the price of v .....

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..... anaspati (5%), tea leaf (unblended) and coffee powder (4% each), tea leaf (blended) (3%), mustard rapeseed oil, copra oil and rice bran oil (2% each) and bakery products, groundnut oil, powder milk and gur (1% each) declined. The index for 'Beverages, Tobacco Tobacco Products' group rose by 0.6 percent to 206.4 (provisional) from 205.2 (provisional) for the previous month due to higher price of zarda (11%) and dried tobacco and cigarette (1% each). The index for 'Textiles' group declined by 0.2 percent to 139.4 (provisional) from 139.7 (provisional) for the previous month due to lower price of tyre cord fabric (4%) and man made fabric, cotton yarn and man made fibre (1% each). However, the price of jute sacking bag (4%), gunny and hessian cloth and jute sacking cloth (2% each) and woollen textiles (1%) moved up. The index for 'Wood Wood Products' group declined by 0.6 percent to 195.3 (provisional) from 196.4 (provisional) for the previous month due to lower price of plywood fibre board (1%). The index for 'Paper Paper Products' group rose by 0.5 percent to 155.7 (provisional) from 154.9 (provisional) for the previous month due .....

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..... to higher price of books/ periodicals/ journals and corrugated sheet boxes (2% each) and card board (1 %). However, the price of paper cartons / boxes (2%) declined. The index for 'Leather Leather Products' group rose by 0.3 percent to 144.8 (provisional) from 144.4 (provisional) for the previous month due to higher price of leathers (1%). The index for 'Rubber Plastic Products' group declined by 0.4 percent to 145.2 (provisional) from 145.8 (provisional) for the previous month due to lower price of rubber transmission belt (3%), dot pen with refill, polyester film, hdpe bag and reclaimed rubber (2% each) and rigid pvc, plastic films sheets, plastic/pvc shoes, plastic/pvc chappals, hdpe woven fabric, rubber components parts and other rubber products (1% each). However, the price of plastic components / accessories (2%) and hdpe woven sacks and seamless tubes pipes (1% each) moved up. The index for 'Chemicals Chemical Products' group declined by 0.1 percent to 149.7 (provisional) from 149.9 (provisional) for the previous month due to lower price of non-cyclic compound (7%), lacquer varnishes (4%) and ammonium sulphate and turpen .....

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..... tine oil (1% each). However, the price of synthetic resin (3%) and pesticides, organic manure and vitamins (1% each) moved up. The index for 'Non-Metallic Mineral Products' group rose by 0.6 percent to 178.6 (provisional) from 177.5 (provisional) for the previous month due to higher price of marbles (9%) and grey cement (1%). However, the price of polished granite (2%) and lime and railway sleeper (1% each) declined. The index for 'Basic Metals, Alloys Metal Products' group declined by 0.5 percent to 149.6 (provisional) from 150.3 (provisional) for the previous month due to lower price of pipes/tubes/rods/strips (6%), zinc, sheets and CRC (3% each), HRC and gp/gc sheets (2% each) and steel structures, ferro silicon, plates, steel: pipes tubes, ferro manganese, aluminium, wire rods, rounds, steel castings and pig iron (1% each). However, the price of billets and pencil ingots (3% each) and angles, rebars, sponge iron, joist beams and steel rods (1% each) moved up. The index for 'Transport, Equipment Parts' group rose by 0.1 percent to 138.2 (provisional) from 138.0 (provisional) for the previous month due to higher price of railway br .....

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..... ake gear (1%). FINAL INDEX FOR THE MONTH OF NOVEMBER, 2015 (BASE YEAR: 2004-05=100) For the month of November, 2015, the final Wholesale Price Index for All Commodities (Base: 2004-05=100) stood at 177.5 as compared to 177.6 (provisional) and annual rate of inflation based on final index stood at -2.04 percent as compared to -1.99 percent (provisional) respectively as reported on 14.12.2015. Next date of press release: 14/03/2016 for the month of February, 2016 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 January, 2016 Commodities/Major Groups/Groups/Sub-Groups Weight WPI Jan- 2016 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 .....

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..... 100.00000 175.7 -0.78 -0.96 -1.66 -0.23 -0.95 -0.90 PRIMARY ARTICLES 20.11815 253.3 -0.94 -1.75 1.13 5.98 1.38 4.63 Food Articles 14.33709 267.6 0.12 -1.87 7.59 7.34 8.00 6.02 Cereals 3.37323 236.7 0.21 -0.17 1.17 2.42 1.70 1.24 Rice 1.79348 235.9 -0.46 -0.59 3.06 0.98 4.00 -1.38 Wheat 1.11595 223.5 0.88 0.36 -0.69 3.71 -1.63 3.19 Pulses .....

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..... 0.71662 370.1 5.10 -2.14 12.17 43.56 12.56 44.91 Vegetables 1.73553 289.4 -2.61 -9.11 29.64 33.49 18.63 12.52 Potato 0.20150 151.5 -32.06 -13.33 -5.14 0.20 -8.01 -17.08 Onion 0.17794 348.4 -4.46 -19.98 35.55 4.78 -3.34 5.51 Fruits 2.10717 231.2 0.59 -2.49 9.28 -5.17 16.95 -2.32 Milk 3.23818 250.8 0.32 -0.04 7.48 1.42 9.57 1.42 Egg, Meat Fish .....

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..... 2.41384 297.3 -0.39 0.24 -0.50 2.48 -1.26 5.69 Non-Food Articles 4.25756 224.5 -0.24 0.27 -4.73 10.81 -4.16 8.24 Fibres 0.87737 213.7 -2.41 2.74 -16.86 10.50 -19.06 7.77 Oil Seeds 1.78051 215.3 0.79 -1.19 -1.79 5.33 0.54 5.90 Minerals 1.52350 199.2 -11.35 -6.17 -29.70 -18.13 -30.42 -17.99 FUEL POWER 14.91021 171.6 -2.88 -2.94 -11.76 -8.72 -11.02 -9.21 .....

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..... Liquefied petroleum gas 0.91468 164.4 -0.30 0.92 -5.72 1.04 -7.65 -1.32 Petrol 1.09015 154.7 -4.33 -1.65 -18.54 -6.30 -17.43 -5.32 High speed diesel 4.67020 175.1 -4.79 -3.63 -13.19 -13.83 -11.43 -12.76 MANUFACTURED PRODUCTS 64.97164 152.7 -0.13 0.07 0.19 -0.78 1.05 -1.17 Food Products 9.97396 176.7 -0.06 0.74 1.66 3.88 2.02 2.79 Sugar 1.73731 178.4 -1.94 5.06 -1.04 2.23 .....

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..... -1.63 -1.71 Edible Oils 3.04293 149.6 2.30 -1.25 0.00 3.31 -0.41 2.12 Beverages, Tobacco Tobacco Product 1.76247 206.4 -0.10 0.58 3.12 1.57 3.91 2.28 Cotton Textiles 2.60526 154.9 -0.25 -0.39 -3.76 -1.78 -0.63 -2.39 Man Made Textiles 2.20573 129.4 -1.71 -0.61 -1.85 -2.41 -1.49 -2.34 Wood Wood Products 0.58744 195.3 0.11 -0.56 1.01 2.95 4.24 3.17 Paper Paper Products 2.03350 155.7 0.13 .....

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..... 0.52 2.51 1.83 3.70 2.91 Leather Leather Products 0.83509 144.8 -1.18 0.28 -2.33 1.76 -1.25 1.54 Rubber Plastic Products 2.98697 145.2 -0.60 -0.41 -0.93 -2.09 0.13 -2.22 Chemicals Chemical Products 12.01770 149.7 -0.59 -0.13 -0.72 -0.80 0.46 -1.19 Non-Metallic Mineral Products 2.55597 178.6 0.75 0.62 4.42 -0.06 5.23 2.12 Cement Lime 1.38646 174.5 1.48 0.52 4.63 -1.80 4.44 1.63 .....

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..... Basic Metals Alloys Metal Product 10.74785 149.6 -0.06 -0.47 -1.79 -7.60 -0.96 -9.11 Iron Semis 1.56301 133.4 -0.13 1.21 -3.65 -10.41 -2.42 -12.87 Machinery Machine Tools 8.93148 134.9 0.52 0.00 1.58 -0.07 2.19 -0.30 Transport Equipment Parts 5.21282 138.2 0.66 0.14 0.81 0.66 0.81 0.95 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 f .....

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..... or the last six months Jan-16 Dec-15 Nov-15 Oct-15 Sept-15 August-15 ALL COMMODITIES 100.00 -0.90 -0.73 -2.04 -3.70 -4.59 -5.06 PRIMARY ARTICLES 20.12 4.63 5.48 2.15 0.04 -2.29 -4.21 Food Articles 14.34 6.02 8.17 5.55 3.33 0.84 -1.02 Cereals 3.37 1.24 1.63 0.51 -0.13 -1.02 -1.98 Rice 1.79 -1.38 -1.25 -3.26 -3.40 -3.76 -3.89 Wheat 1.12 3.19 3.73 4.44 .....

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..... 4.58 3.29 2.09 Pulses 0.72 44.91 55.64 58.09 53.06 38.94 36.49 Vegetables 1.74 12.52 20.56 13.25 3.17 -8.60 -20.03 Potato 0.20 -17.08 -34.99 -52.87 -58.10 -57.98 -51.76 Onion 0.18 5.51 25.98 44.51 89.52 120.69 74.44 Fruits 2.11 -2.32 0.76 -2.59 -4.46 -5.15 -1.42 Milk 3.24 1.42 1.78 1.58 1.75 2.16 2.08 Egg, Meat Fish 2.41 5.69 5. .....

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..... 03 0.49 0.46 2.02 3.30 Non-Food Articles 4.26 8.24 7.70 6.33 5.10 2.70 -0.46 Fibres 0.88 7.77 2.36 0.10 -2.20 -6.86 -9.09 Oil Seeds 1.78 5.90 8.03 6.97 6.66 2.50 -2.20 Minerals 1.52 -17.99 -22.52 -32.95 -33.64 -34.27 -34.35 FUEL POWER 14.91 -9.21 -9.15 -10.99 -16.32 -17.71 -16.21 Liquefied petroleum gas 0.91 -1.32 -2.51 -5.74 -5.83 -5.45 -5.32 P .....

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..... etrol 1.09 -5.32 -7.90 -9.36 -13.16 -14.78 -13.82 High speed diesel 4.67 -12.76 -13.80 -16.69 -26.21 -28.10 -25.37 MANUFACTURED PRODUCTS 64.97 -1.17 -1.36 -1.42 -1.67 -1.73 -1.99 Food Products 9.97 2.79 1.98 1.10 0.46 -0.69 -2.11 Sugar 1.74 -1.71 -8.27 -11.22 -13.08 -16.45 -18.44 Edible Oils 3.04 2.12 5.80 4.66 4.74 3.35 1.17 Beverages, Tobacco Tobacco Product 1.76 2.28 1.58 .....

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..... 2.23 2.29 2.13 2.13 Cotton Textiles 2.61 -2.39 -2.26 -3.18 -4.00 -4.52 -5.02 Man Made Textiles 2.21 -2.34 -3.41 -4.26 -5.09 -4.91 -3.49 Wood Wood Products 0.59 3.17 3.86 4.86 4.81 3.91 4.36 Paper Paper Products 2.03 2.91 2.51 2.38 2.31 2.72 3.00 Leather Leather Products 0.84 1.54 0.07 -1.16 -1.37 -0.95 -0.75 Rubber Plastic Products 2.99 -2.22 -2.41 -2.60 -2.78 -2.71 -1 .....

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..... .85 Chemicals Chemical Products 12.02 -1.19 -1.64 -2.02 -1.83 -1.89 -1.88 Non-Metallic Mineral Products 2.56 2.12 2.25 2.28 0.45 1.26 2.75 Cement Lime 1.39 1.63 2.60 3.22 -0.12 1.04 2.51 Basic Metals Alloys Metal Product 10.75 -9.11 -8.74 -8.00 -7.50 -6.74 -7.50 Iron Semis 1.56 -12.87 -14.02 -13.67 -12.96 -10.90 -12.31 Machinery Machine Tools 8.93 -0.30 0.22 0.15 0.00 0.07 0.30 Transport Equipmen .....

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..... t Parts 5.21 0.95 1.47 1.62 1.32 1.25 1.10 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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