The WPI [with base year 2004-05] for the week ended 20^th November, 2010 in respect of 'Primary Articles' and 'Fuel & Power' is given below:

PRIMARY ARTICLES (Weight 20.12%) 

The index for this major group rose by 0.7 percent to 183.4 (Provisional) from 182.2 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 12.72 percent (Provisional) for the week ended 20/11/2010 (over 21/11/2009) as compared to 13.38 percent (Provisional) for the previous week (ended 13/11/2010). 

The groups and items for which the index showed variations during the week are as follows:-

The index for ' Food Articles' group rose by 0.2 percent to 180.5 (Provisional) from 180.1 (Provisional)  for the previous week due to higher prices of fish-marine(9%), arhar (3%) and barley, milk, fish-inland, mutton, pork and condiments & spices (1% each). However, the prices of poultry chicken (10%), wheat (3%) and ragi, masur and fruits & vegetables (1% each) declined.

The index for 'Non-Food Articles' group rose by 0.9 percent to 169.1 (Provisional) from 167.6 (Provisional) for the previous week due to higher prices of flowers (18%), sunflower (3%), gingelly seed (sesamum) and copra (2% each). However, the prices of raw silk (5%),      raw rubber (3%) and castor seed and groundnut seed (1% each) declined.

The index for 'Minerals' group rose by 3.0 percent to 250.8(Provisional) from 243.4(Provisional) for the previous week due to higher prices of copper ore (30%), zinc concentrate (26%), magnesite (16%) and barytes (6%). However, the prices of chromite(3%) declined.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by    0.1 percent to 148.6 (Provisional) from 148.5 (Provisional) for the previous week due to higher prices of   aviation turbine fuel   (3%),

The annual rate of inflation, calculated on point to point basis, stood at 9.99 percent (Provisional) for the week ended 20/11/2010 (over 21/11/2009) as compared to 10.57 percent (Provisional) for the previous week (ended 13/11/2010). 

Build up inflation over the week, financial year end and over the year is given below for some important items.

Next date of press release: 09/12/2010 for the week ending 27/11/2010

Wholesale Price Index and Rates of Inflation [Base Year: 2004-05]

 

Week Ending 20th  November, 2010 (Base: 2004-05)
Commodities/Major Groups/Groups/Sub-Groups	Weight	WPI Nov. 20, 2010	Latest week over week		Build up from end March		Year on year		52 week Average
			2009-10	2010-11	2009-10	2010-11	2009-10	2010-11
Primary Articles	20.12	183.4	1.24	0.66	19.54	10.08	15.55	12.72	18.86
Food Articles	14.34	180.5	1.65	0.22	22.48	9.79	18.71	8.60	18.30
Cereals	3.37	167.5	-0.06	-0.89	10.49	1.03	14.36	0.66	9.01
Rice	1.79	165.8	0.18	-0.06	8.17	1.66	11.35	1.84	8.04
Wheat	1.12	168.5	-0.29	-2.71	15.16	-1.52	19.10	-3.16	10.68
Pulses	0.72	190.8	3.06	0.37	33.50	-4.70	32.00	-10.00	17.65
Vegetables	1.74	184.6	-0.68	0.11	62.93	42.33	5.02	-3.00	5.82
Potatoes	0.20	152.0	-13.55	-3.92	137.61	49.17	109.26	-42.99	-23.51
Onions	0.18	304.3	8.14	7.98	39.40	94.07	17.88	16.86	0.44
Fruits	2.11	163.4	0.81	-1.33	10.93	12.46	10.93	19.27	18.31
Milk	3.24	177.7	0.00	0.74	12.70	4.22	21.99	17.76	25.09
Egg, Meat & Fish	2.41	195.9	8.51	1.98	33.46	11.94	33.36	15.58	32.51
Non-Food Articles	4.26	169.1	0.37	0.89	8.26	12.28	4.28	24.06	16.60
Fibres	0.88	194.7	0.57	-0.41	11.49	28.18	3.58	37.40	19.87
Oil Seeds	1.78	137.5	1.19	0.00	5.61	1.18	2.65	1.48	5.14
Minerals	1.52	250.8	0.00	3.04	21.08	8.29	15.58	23.36	27.34
Fuel & Power	14.91	148.6	0.60	0.07	9.75	6.07	0.07	9.99	11.06
Liquefied Petroleum Gas	0.91	128.9	0.00	0.00	0.18	14.99	-7.45	15.30	5.99
Petrol	1.09	143.5	0.00	0.00	9.97	11.41	-11.91	18.30	12.64
High Speed Diesel Oil	4.67	153.6	0.00	0.07	6.52	6.22	-5.84	14.71	11.73

 

Wholesale Price Index shows rising primary articles and fuel & power inflation driven by food, minerals and fuel price increases. Wholesale Price Index movements for the week ended 20 November 2010 show increases in Primary Articles and Fuel & Power, with Primary Articles driven by rises in food (fish-marine, milk), non-food (flowers, oilseed items) and minerals (copper ore, zinc concentrate). Fuel & Power rose mainly on higher aviation turbine fuel. The release reports point-to-point annual inflation rates and tabulates weekly, year-to-date and year-on-year builds for subgroups and key items, highlighting divergent price pressures across food, raw materials and energy components that sustain elevated wholesale inflation.