Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Index Numbers of Wholesale Price in India for the month of February, 2021

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Index Numbers of Wholesale Price in India for the month of February, 2021 - News and Press Release Dated:- 15-3-2021 - News - The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of February, 2021 (Provisional) and for the month of December, 2020 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) with a time lag of two weeks of the reference month and compiled with data received from institutional sources and selected manufacturing units across the country. After 10 weeks, the index is finalized and final figures are released and then frozen thereafter. INFLATION The rate of inflation, based on monthly WPI, stood at (4.17%) (provisional) for the month of February, 2021 (over February, 2020) as compared to 2.26% during the corresponding month of the previous year. All Commodities/Major Groups Weight (%) Dec-20 (F) Jan-21 (P) Feb-21 (P) Index .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Inflation Index Inflation Index Inflation ALL COMMODITIES 100.0 125.4 1.95 125.9 2.03 127.3 4.17 I. PRIMARY ARTICLES 22.6 148.0 -0.60 143.9 -2.24 145.4 1.82 II. FUEL POWER 13.2 96.9 -6.10 99.7 -4.78 104.2 0.58 III. MANUFACTURED PRODUCTS 64.2 123.3 4.49 124.9 5.13 125.7 5.81 FOOD INDEX 24.4 154.7 1.11 151.8 -0.26 153.0 3.31 Note: P: Provisional, F: Final, * Rate of Inflation calculated over corresponding mont .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h of last year. The movement of the index for the various commodity group is summarized below:- PRIMARY ARTICLES (Weight 22.62%) The index for this major group increased by (1.04%) to 145.4 (provisional) in February, 2021 from 143.9 (provisional) for the month of January, 2021. Prices of Minerals (9.40%), Crude Petroleum Natural Gas (6.50%) and Food Articles (0.51%) increased in February, 2021 as compared to January, 2021. Prices of Non-food Articles (-0.51%) declined in February, 2021 as compared to January, 2021. FUEL POWER (Weight 13.15%) The index for this major group increased by (4.51%) to 104.2 (provisional) in February, 2021 from 99.7 (provisional) for the month of January, 2021. Prices of Mineral Oils (8.88%) increased in February, 2021 as compared to January, 2021. Prices of Electricity (-0.43%) declined in February, 2021 as compared to January, 2021. Prices of coal remain unchanged. MANUFACTURED PRODUCTS (Weight 64.23%) The index for this major group increased by (0.64%) to 125.7 (provisional) in February, 2021 from 124.9 (provisional) for the month of January, 2021. Out of the 22 NIC two-digit groups for Manufactured products, 17 groups t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hat have witnessed increase in prices are manufacture of other manufacturing; furniture; other transport equipment; motor vehicles, trailers and semi-trailers; machinery and equipment; computer, electronic and optical products; fabricated metal products, except machinery and equipment; other non-metallic mineral products; rubber and plastics products; chemicals and chemical products; printing and reproduction of recorded media; paper and paper products; wood and of products of wood and cork; textiles; tobacco products; beverages; food products in February, 2021 as compared to January, 2021. Whereas 5 groups that have witnessed decrease in prices are manufacture of electrical equipment; basic metals; pharmaceuticals, medicinal chemical and botanical products; leather and related products; wearing apparel in February, 2021 as compared to January, 2021. WPI FOOD INDEX (Weight 24.38%) The Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Products' from Manufactured Products group have increased from 151.8 in January, 2021 to 153.0 in February, 2021. The rate of inflation based on WPI Food Index increased from -0.26% in January, 2021 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to 3.31% in February, 2021. FINAL INDEX FOR THE MONTH OF DECEMBER, 2020 (BASE YEAR:2011-12=100) For the month of December, 2020,the final Wholesale Price Index and inflation rate for' All Commodities' (Base: 2011-12=100) stood at 125.4 and 1.95%respectively. Note: 1. The WPI for February, 2021 have been compiled at a weighted response rate of 77 percent, while the final figure for December, 2020 is based on the weighted response rate of 91 percent. TheprovisionalfiguresofWPIwillundergorevisionasperthefinalrevisionpolicyofWPI. 2. Price Data are collected from selected institutional sources and industrial establishments spread acrossthecountryonlinethroughweb-basedportalmaintainedbytheNationalInformatics Centre. This press release, item indices, and inflation numbers are available at our home page http://eaindustry.nic.in Annexure-I All India Wholesale Price Indices and Rates of Inflation (Base Year: 2011-12=100) for February, 2021 Commodities/Major Groups / Groups/Sub-Groups/Items Weight Index (Latest Month) * Latest month over month Cumulative Inf .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lation (YoY) WPI Based rate of Inflation (YoY) 2019-2020 2020-2021* 2019-2020 2020-2021* February 2020 February 2021* ALL COMMODITIES 100.00 127.3 -0.97 1.11 1.79 0.60 2.26 4.17 I. PRIMARY ARTICLES 22.62 145.4 -2.99 1.04 7.18 1.04 6.49 1.82 A. Food Articles 15.26 156.8 -3.61 0.51 8.77 3.10 7.65 1.36 Cereals 2.82 154.8 -1.07 -0.26 7.92 -2.45 5.21 -6.58 Paddy 1.43 161.7 0.00 -0.25 3.52 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1.89 3.71 -0.37 Wheat 1.03 149.5 -0.83 0.27 6.76 -3.66 6.42 -10.64 Pulses 0.64 168.9 -0.58 1.56 16.28 11.49 11.42 10.25 Vegetables 1.87 167.6 -20.13 -2.05 32.92 4.01 29.97 -2.90 Potato 0.28 148.3 -19.48 -27.48 -3.05 58.69 60.73 -29.78 Onion 0.16 362.6 -41.05 14.75 122.82 -18.19 162.30 31.28 Fruits 1.60 152.5 -0.29 5.90 3.63 0.22 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -0.50 9.48 Milk 4.44 154.4 0.40 0.06 2.21 4.74 4.69 3.21 Eggs, Meat Fish 2.40 152.5 0.39 1.40 6.73 2.47 6.88 -0.78 B. Non-Food Articles 4.12 136.9 -0.30 -0.51 4.91 0.39 6.90 3.95 Oil Seeds 1.12 175.3 -2.16 2.51 8.19 5.31 4.63 14.05 C. Minerals 0.83 172.2 2.34 9.40 13.12 3.94 9.31 9.40 D. Crude Petroleum Natural Gas 2.41 78.7 -6.44 6.50 -5.97 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -22.43 -7.82 -3.20 Crude Petroleum 1.95 74.6 -9.14 8.59 -10.47 -23.15 -10.42 7.18 II. FUEL POWER 13.15 104.2 -1.05 4.51 -1.68 -9.82 3.08 0.58 LPG 0.64 99.2 14.90 12.47 -9.88 -4.27 21.85 0.51 Petrol 1.60 85.3 -3.31 8.66 -2.78 -15.38 2.05 0.83 HSD 3.10 91.8 -4.27 10.74 -2.82 -17.84 -3.06 -0.11 III. MANUFACTURED PRODUCTS 64.23 125.7 0.00 0.64 0.29 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2.24 0.51 5.81 Mf/o Food Products 9.12 146.7 -0.94 1.24 3.90 5.20 6.45 7.08 Vegetable And Animal Oils and Fats 2.64 163.7 -1.75 3.41 0.56 18.66 11.95 26.60 Mf/o Beverages 0.91 125.3 -0.16 0.72 2.41 0.85 1.81 1.13 Mf/o Tobacco Products 0.51 159.0 1.97 0.82 2.20 2.51 1.64 2.58 Mf/o Textiles 4.88 124.4 0.43 1.63 -0.05 -1.03 -1.93 6.42 Mf/o Wearing Apparel 0.81 139.3 0.22 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -0.14 -0.35 0.07 0.44 0.87 Mf/o Leather and Related Products 0.54 117.3 0.60 -0.26 -2.57 -0.68 -1.17 -0.68 Mf/o Wood and of Products of Wood and Cork 0.77 137.3 -0.08 0.73 0.28 0.50 -2.57 3.47 Mf/o Paper and Paper Products 1.11 124.5 0.00 1.06 -1.68 -0.35 -3.06 3.49 Mf/o Chemicals and Chemical Products 6.47 122.4 -0.34 1.66 -1.08 -0.22 -3.26 5.70 Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products 1.99 131.0 0.84 -0.15 3.17 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2.66 4.52 -0.53 Mf/o Rubber and Plastics Products 2.30 116.3 -0.19 0.26 -0.86 1.78 -1.55 7.78 Mf/o other Non-Metallic Mineral Products 3.20 117.4 0.69 1.29 0.82 0.39 -0.85 0.77 Cement, Lime and Plaster 1.64 119.1 1.27 0.17 4.81 0.84 1.53 -0.25 Mf/o Basic Metals 9.65 120.9 0.47 -0.82 -5.42 3.68 -3.60 12.99 Mild Steel - Semi Finished Steel 1.27 105.8 -0.31 -0.75 -4.68 3.96 -2.24 10.21 Mf/o Fabricated Metal Products, Except Machine .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ry and Equipment 3.15 120.5 -0.52 0.75 0.55 -0.13 -1.29 5.15 Note: * = Provisional, Mf/o = Manufacture of Annexure-II Commodities/Major Groups/Groups/Sub-Groups/Items Weight WPI based inflation figures for last 6 months Sep-20 Oct-20 Nov-20 Dec-20 Jan-21* Feb-21* ALL COMMODITIES 100.00 1.32 1.31 2.29 1.95 2.03 4.17 I. PRIMARY ARTICLES 22.62 4.06 4.33 3.80 -0.60 -2.24 1.82 A. Food Articles 15.26 8.37 7.05 4.61 -0.92 -2.80 1.36 Cereals 2.82 -3.7 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3 -5.24 -5.52 -6.52 -7.34 -6.58 Paddy 1.43 1.91 0.61 0.62 0.12 -0.12 -0.37 Wheat 1.03 -5.24 -8.10 -10.09 -11.10 -11.62 -10.64 Pulses 0.64 12.53 16.06 13.04 9.69 7.92 10.25 Vegetables 1.87 38.12 26.73 15.27 -12.05 -20.82 -2.90 Potato 0.28 118.66 119.25 138.05 45.41 -22.04 -29.78 Onion 0.16 -31.64 8.49 -7.60 -54.69 -32.55 31.28 Fruits .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1.60 -4.59 -4.26 -1.36 1.36 3.08 9.48 Milk 4.44 5.56 5.75 5.53 3.77 3.56 3.21 Eggs, Meat Fish 2.40 4.15 4.19 0.20 1.34 -1.76 -0.78 B. Non-Food Articles 4.12 -1.81 2.93 8.66 2.99 4.16 3.95 Oil Seeds 1.12 0.65 4.36 8.29 7.52 8.85 14.05 C. Minerals 0.83 -6.01 -0.20 10.38 16.67 2.34 9.40 D. Crude Petroleum Natural Gas 2.41 -23.41 -22.95 -21.51 -15.99 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -14.96 -3.20 Crude Petroleum 1.95 -24.97 -21.97 -19.87 -12.26 -10.31 7.18 II. FUEL POWER 13.15 -8.65 -11.14 -7.01 -6.10 -4.78 0.58 LPG 0.64 3.19 3.00 -3.04 2.15 2.68 0.51 Petrol 1.60 -12.40 -14.50 -14.69 -12.94 -10.29 0.83 HSD 3.10 -16.88 -20.76 -19.44 -15.20 -13.65 -0.11 III. MANUFACTURED PRODUCTS 64.23 1.87 2.21 3.23 4.49 5.13 5.81 Mf/o Food Products 9. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 12 4.92 4.38 5.17 5.11 4.77 7.08 Vegetable and Animal Oils and Fats 2.64 18.67 20.58 24.04 22.63 20.29 26.60 Mf/o Beverages 0.91 0.00 0.41 -0.08 -0.57 0.24 1.13 Mf/o Tobacco Products 0.51 0.45 2.07 2.03 4.11 3.75 2.58 Mf/o Textiles 4.88 -3.40 -2.13 0.26 2.67 5.15 6.42 Mf/o Wearing Apparel 0.81 -0.36 -0.07 0.65 0.00 1.23 0.87 Mf/o Leather and Related Products 0.54 0.08 -0.68 -1.09 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0.17 0.17 -0.68 Mf/o Wood and of Products of Wood and Cork 0.77 -0.15 0.00 1.20 1.73 2.64 3.47 Mf/o Paper and Paper Products 1.11 -1.33 -0.58 0.25 2.02 2.41 3.49 Mf/o Chemicals and Chemical Products 6.47 -1.36 -0.26 1.46 3.01 3.61 5.70 Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products 1.99 3.34 2.92 3.53 3.21 0.46 -0.53 Mf/o Rubber and Plastics Products 2.30 1.20 1.48 3.99 5.73 7.31 7.78 Mf/o other Non-Metallic Mineral Products 3.20 -0.09 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0.95 1.04 1.65 0.17 0.77 Cement, Lime and Plaster 1.64 -0.25 1.02 0.51 1.44 0.85 -0.25 Mf/o Basic Metals 9.65 3.64 5.32 7.83 11.78 14.46 12.99 Mild Steel - Semi Finished Steel 1.27 4.06 3.45 7.30 10.14 10.70 10.21 Mf/o Fabricated Metal Products, Except Machinery and Equipment 3.15 -1.73 -0.43 0.17 2.34 3.82 5.15 Note: * = Provisional, Mf/o = Manufacture of Annexure-III Commodities/Major Groups/Groups/Sub-Groups/Items Weight WPI Index for last 6 months Sep-20 Oct-20 Nov-20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dec-20 Jan-21* Feb-21* ALL COMMODITIES 100.00 122.9 123.6 125.1 125.4 125.9 127.3 I. PRIMARY ARTICLES 22.62 148.8 151.8 152.8 148.0 143.9 145.4 A. Food Articles 15.26 168.4 171.5 170.1 161.1 156.0 156.8 Cereals 2.82 157.4 155.5 155.7 154.9 155.2 154.8 Paddy 1.43 165.0 163.7 163.1 162.2 162.1 161.7 Wheat 1.03 150.0 147.4 147.9 147.3 149.1 149.5 Pulses .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0.64 163.5 169.8 172.5 168.6 166.3 168.9 Vegetables 1.87 263.8 288.3 281.6 213.9 171.1 167.6 Potato 0.28 372.6 410.0 491.1 364.4 204.5 148.3 Onion 0.16 224.7 387.1 442.3 330.7 316.0 362.6 Fruits 1.60 149.5 148.5 145.2 141.8 144.0 152.5 Milk 4.44 153.8 154.6 154.7 154.1 154.3 154.4 Eggs, Meat Fish 2.40 150.7 151.7 149.0 151.2 150.4 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 152.5 B. Non-Food Articles 4.12 124.5 129.8 138.0 138.0 137.6 136.9 Oil Seeds 1.12 155.5 158.0 162.0 164.4 171.0 175.3 C. Minerals 0.83 145.5 153.3 157.4 172.2 157.4 172.2 D. Crude Petroleum Natural Gas 2.41 67.4 63.8 67.5 74.1 73.9 78.7 Crude Petroleum 1.95 56.5 56.1 60.5 68.7 68.7 74.6 II. FUEL POWER 13.15 91.9 90.9 94.2 96.9 99.7 104.2 LPG 0.64 74.4 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 75.5 79.7 85.4 88.2 99.2 Petrol 1.60 74.2 73.7 73.2 76.0 78.5 85.3 HSD 3.10 77.8 75.2 75.4 79.8 82.9 91.8 III. MANUFACTURED PRODUCTS 64.23 120.1 120.4 121.6 123.3 124.9 125.7 Mf/o Food Products 9.12 140.7 140.5 142.4 144.0 144.9 146.7 Vegetable and Animal Oils and Fats 2.64 137.3 140.6 148.1 155.0 158.3 163.7 Mf/o Beverages 0.91 123.9 123.7 123.6 123.0 124.4 12 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 5.3 Mf/o Tobacco Products 0.51 155.3 157.6 156.1 157.2 157.7 159.0 Mf/o Textiles 4.88 113.6 114.8 116.8 119.1 122.4 124.4 Mf/o Wearing Apparel 0.81 138.3 138.3 139.5 139.2 139.5 139.3 Mf/o Leather and Related Products 0.54 118.7 117.7 117.9 118.6 117.6 117.3 Mf/o Wood and of Products of Wood and Cork 0.77 133.9 133.7 134.7 135.3 136.3 137.3 Mf/o Paper and Paper Products 1.11 119.1 119.4 120.0 121.3 123.2 124.5 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Mf/o Chemicals and Chemical Products 6.47 116.1 116.8 118.2 119.7 120.4 122.4 Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products 1.99 130.0 130.5 132.0 131.9 131.2 131.0 Mf/o Rubber and Plastics Products 2.30 109.5 110.0 112.0 114.4 116.0 116.3 Mf/o other Non-Metallic Mineral Products 3.20 116.8 116.5 116.9 117.4 115.9 117.4 Cement, Lime and Plaster 1.64 119.6 119.4 119.1 119.7 118.9 119.1 Mf/o Basic Metals 9.65 108.2 108.9 111.5 115.8 121.9 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 120.9 Mild Steel - Semi Finished Steel 1.27 97.3 96.0 100.0 103.2 106.6 105.8 Mf/o Fabricated Metal Products, Except Machinery and Equipment 3.15 113.3 114.6 115.9 117.9 119.6 120.5 Note: * = Provisional, Mf/o = Manufacture of YB/ SS - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates