The WPI for the week ended 15^th January, 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 0.3 percent to 193.6 (Provisional) from 193.1 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 17.26 percent (Provisional) for the week ended 15/01/2011 (over 16/01/2010) as compared to 17.03 percent (Provisional) for the previous week (ended 08/01/2011). 

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

The index for 'Food Articles' group rose by 0.1 percent to 190.8 (Provisional) from 190.6  (Provisional) for the previous week due to higher prices of jowar (7%), arhar (4%)  and maize, masur,  fruits & vegetables, fish-inland and poultry chicken (1% each).  However, the prices of condiments & spices (2%) and tea, pork, milk, gram and bajra (1% each) declined.

The index for 'Non-Food Articles' group declined by 0.3 percent to 176.5 (Provisional) from 177.1 (Provisional) for the previous week due to lower prices of castor seed (9%), flowers (8%), niger seed (7%), mesta (2%) and groundnut seed and fodder (1% each). However, the prices of sunflower (5%), raw rubber and copra (2% each) and rape & mustard seed, coir fibre and gaur seed (1% each) moved up.

The index for 'Minerals' group rose by 2.4 percent to 267.6 (Provisional) from 261.3 (Provisional) for the previous week due to higher prices of crude petroleum (5%).

FUEL & POWER (Weight 14.91%)

The index for this major group remained unchanged at its previous week's level of 150.9 (Provisional).

The annual rate of inflation, calculated on point to point basis, stood at 10.87 percent (Provisional) for the week ended 15/01/2011 (over 16/01/2010) as compared to 11.53 percent (Provisional) for the previous week (ended 08/01/2011).

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: 03/02/2011 for the week ending 22/01/2011 

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

 

Wholesale price inflation trends in primary articles and fuel & power signal recent weekly and annual shifts for policy monitoring. Wholesale Price Index data for week ending 15 January 2011 shows a slight weekly rise in Primary Articles with a point to point annual inflation rate in the mid teens, driven by increases in certain food items and minerals (notably crude petroleum), while Non Food Articles declined slightly. Fuel & Power remained unchanged week on week with a separately reported lower annual inflation rate. The release provides subgroup indices and metrics and notes the next scheduled press release.