Thursday, January 12, 2012

Wholesale Price Indices for Primary Articles and Fuel & Power in India

Dear Comrades,

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 31st December, 2011 (10 Pausha, 1933 Saka)
The WPI for the week ended 31st December, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:
PRIMARY ARTICLES (Weight 20.12%) 
The index for this major group rose by 0.5 percent to 198.6 (Provisional) from 197.6 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 0.51 percent (Provisional) for the week ended 31/12/2011 (over 01/01/2011) as compared to 0.10 percent (Provisional) for the previous week (ended 24/12/2011).
The groups and items for which the index showed variations during the week are as follows:-
The index for `Food Articles` group rose by 0.4 percent to 190.8 (Provisional) from 190.0 (Provisional) for the previous week due to higher prices of fish-marine (5%), mutton (4%), barley, poultry chicken, gram and jower (2% each) and bajra, maize, milk and egg (1% each). However, the prices of tea (3%), condiments & spices and ragi (2% each) and fish-inland and fruits & vegetables (1% each) declined.
The index for `Non-Food Articles` group rose by 1.3 percent to 181.0 (Provisional) from 178.7 (Provisional) for the previous week due to higher prices of flowers (19%), sunflower (7%), linseed and guar seed (4% each), raw silk (3%), soyabean, groundnut seed and fodder (2% each) and rape & mustard seed and gingelly seed (1% each). However, the prices of raw rubber (2%) and copra, safflower, coir fibre and mesta (1% each) declined.
FUEL & POWER (Weight 14.91%)
The index for this major group remained unchanged at its previous week`s level of 172.7 (Provisional).
The annual rate of inflation, calculated on point to point basis, stood at 14.45 percent (Provisional) for the week ended 31/12/2011 (over 01/01/2011) as compared to 14.60 percent (Provisional) for the previous week (ended 24/12/2011).
Build up inflation over the week, financial year end and over the year is given in Annexure-I for some important items. Trend of rate of inflation during last six weeks is also given for some important items in Annexure II.
Next date of press release: 19/01/2012 for the week ending 07/01/2012 Annexure-I

DS/GK  (Release ID :79508) PIB
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