The WPI for the week ended 18th December, 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 1.0 percent to 189.7 (Provisional) from 187.9 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 17.24 percent (Provisional) for the week ended 18/12/2010 (over 19/12/2009) as compared to 15.35 percent (Provisional) for the previous week (ended 11/12/2010).
The groups and items for which the index showed variations during the week are as follows:-
The index for 'FOOD ARTICLES' group rose by 1.1 percent to 187.8 (Provisional) from 185.8 (Provisional) for the previous week due to higher prices of poultry chicken (18%), condiments & spices, fruits & vegetables and moong (3% each) and bajra andjowar (1% each). However, the prices of fish-inland (4%), masur and arhar (2% each) and fish-marine and urad (1% each) declined.
The index for 'NON-FOOD ARTICLES' group rose by 0.8 percent to 173.0 (Provisional) from 171.6 (Provisional) for the previous week due to higher prices of, raw silk (8%), flowers (6%), raw rubber (4 %) and castor seed and cotton seed (1% each). However, the prices of gingelly seed (sesamum) (2%) and linseed, gaur seed and copra (1% each) declined.
FUEL & POWER (Weight 14.91%)
The index for this major group rose by 0.8 percent to 150.7 (Provisional) from 149.5 (Provisional) for the previous week due to higher prices of petrol (6%), aviation turbine fuel (4%), light diesel oil (3%) and naphtha, furnace oil and bitumen (2% each).
he annual rate of inflation, calculated on point to point basis, stood at 11.63 percent (Provisional) for the week ended 18/12/2010 (over 19/12/2009) as compared to 10.74 percent (Provisional) for the previous week (ended 11/12/2010).
Build up inflation over the week, financial year end and over the year is given in Annexure-1 for some important items.
Next date of press release: 06/01/2011 for the week ending 25/12/2010
Annexure-I
Wholesale Price Index and Rates of Inflation [Base Year: 2004-05]
Week Ending 18th December, 2010 (Base: 2004-05) |
Commodities/Major Groups/Groups/Sub-Groups | Weight | WPI Dec. 18,2010 | 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 | 189.7 | -0.68 | 0.96 | 18.88 | 13.87 | 18.45 | 17.24 | 18.68 |
Food Articles | 14.34 | 187.8 | -0.97 | 1.08 | 20.93 | 14.23 | 21.29 | 14.44 | 17.55 |
Cereals | 3.37 | 169.3 | 0.29 | -0.06 | 13.21 | 2.11 | 16.78 | -0.70 | 7.77 |
Rice | 1.79 | 166.5 | 0.61 | -0.06 | 9.83 | 2.08 | 12.91 | 0.73 | 7.36 |
Wheat | 1.12 | 171.4 | 0.17 | -0.23 | 20.05 | 0.18 | 23.15 | -5.51 | 8.32 |
Pulses | 0.72 | 188.5 | -0.19 | -0.21 | 33.06 | -5.84 | 31.73 | -10.79 | 13.82 |
Vegetables | 1.74 | 226.2 | -6.52 | 4.58 | 49.83 | 74.40 | 19.95 | 29.26 | 5.78 |
Potatoes | 0.20 | 173.8 | -13.10 | -8.09 | 103.39 | 70.56 | 126.61 | -23.84 | -31.17 |
Onions | 0.18 | 379.6 | -1.09 | 3.49 | 45.50 | 142.09 | 20.43 | 39.66 | 4.36 |
Fruits | 2.11 | 166.0 | -0.66 | 0.85 | 10.20 | 14.25 | 12.39 | 21.97 | 19.01 |
Milk | 3.24 | 177.8 | 0.07 | 0.00 | 12.77 | 4.28 | 22.07 | 17.75 | 24.64 |
Egg, Meat & Fish | 2.41 | 197.6 | -0.06 | 0.76 | 29.29 | 12.91 | 29.39 | 20.34 | 31.21 |
Non-Food Articles | 4.26 | 173.0 | 0.21 | 0.82 | 11.60 | 14.87 | 11.42 | 23.13 | 17.92 |
Fibres | 0.88 | 203.4 | 0.34 | 0.69 | 17.78 | 33.90 | 8.48 | 35.87 | 22.41 |
Oil Seeds | 1.78 | 141.3 | -0.07 | -0.21 | 7.33 | 3.97 | 7.41 | 2.61 | 4.90 |
Minerals | 1.52 | 253.6 | 0.00 | 0.00 | 19.18 | 9.50 | 12.04 | 26.74 | 28.46 |
Fuel & Power | 14.91 | 150.7 | 0.00 | 0.80 | 9.67 | 7.57 | 5.06 | 11.63 | 11.64 |
Liquefied Petroleum Gas | 0.91 | 128.9 | 0.00 | 0.00 | 0.45 | 14.99 | -7.20 | 14.99 | 7.78 |
Petrol | 1.09 | 151.7 | 0.00 | 5.71 | 9.97 | 17.78 | -2.26 | 25.06 | 14.72 |
High Speed Diesel Oil | 4.67 | 153.6 | 0.00 | 0.00 | 6.52 | 6.22 | -0.15 | 14.71 | 13.0 |
Wholesale Price Index rise signals higher primary articles and fuel and power inflation pressures this week. Wholesale Price Index for week ending 18 December 2010 shows Primary Articles (weight 20.12%) rose to 189.7 with weekly increase ~1.0% and point to point inflation 17.24%, driven by Food Articles (poultry, condiments & spices, fruits & vegetables) and Non Food Articles (raw silk, flowers, raw rubber). Fuel & Power (weight 14.91%) rose to 150.7 with weekly increase ~0.8% and point to point inflation 11.63%, reflecting higher prices of petrol, aviation turbine fuel, light diesel oil and refinery products; annexure tabulates subgroup index movements and build up measures.
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