The WPI for the week ended 22^nd 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 0.5 percent to 194.6 (Provisional) from 193.6 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 18.44 percent (Provisional) for the week ended 22/01/2011 (over 23/01/2010) as compared to 17.26 percent (Provisional) for the previous week (ended 15/01/2011).  The groups and items for which the index showed variations during the week are as follows:-

The index for 'Food Articles' group rose by 0.7 percent to 192.2 (Provisional) from 190.8  (Provisional) for the previous week due to higher prices of arhar (4%), masur, condiments & spices, fish-marine, barley and fruits & vegetables (2% each) and maize, wheat, jowar, gram, moong and urad   (1% each).  However, the prices of milk (1%) declined.

The index for 'Non-Food Articles' group rose by 1.4 percent to 179.0 (Provisional) from 176.5 (Provisional) for the previous week due to higher prices of castor seed (19%), flowers (11%), safflower (kardi seed) (8%) and raw rubber (5%). However, the prices of sunflower (4%) and copra (2%) declined.

The index for 'Minerals' group declined by 2.4 percent to 261.3 (Provisional) from 267.6  (Provisional) for the previous week due to lower prices of magnesite (14%), copper ore (13%), sillimanite (7%), zinc concentrate (6%) and iron ore (3%). However, the prices of chromite (8%), steatite (7%) and barytes (1%) moved up.

FUEL & POWER (Weight 14.91%)

 The index for this major group rose by 0.7 percent to 151.9 (Provisional) from 150.9 (Provisional) for the previous week due to higher prices of petrol (5%), aviation turbine fuel, naphtha and furnace oil (2% each) and light diesel oil (1%).

The annual rate of inflation, calculated on point to point basis, stood at 11.61 percent (Provisional) for the week ended 22/01/2011 (over 23/01/2010) as compared to 10.87 percent (Provisional) for the previous week (ended 15/01/2011).

Next date of press release: 10/02/2011 for the week ending 29/01/2011 

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

Week Ending 22nd January, 2011 (Base: 2004-05)
Commodities/Major Groups/Groups/Sub-Groups	Weight	WPI Jan. 22,2011	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	194.6	-0.48	0.52	20.72	16.81	20.37	18.44	18.74
Food Articles	14.34	192.2	-0.55	0.73	21.00	16.91	20.56	17.05	17.33
Cereals	3.37	172.6	-0.23	0.47	13.21	4.10	14.51	1.23	6.44
Rice	1.79	169.4	-0.18	-0.12	9.44	3.86	11.28	2.85	6.65
Wheat	1.12	174.3	-0.27	1.22	20.58	1.87	20.11	-4.34	5.71
Pulses	0.72	192.7	-1.94	1.42	36.52	-3.75	35.16	-11.12	8.54
Vegetables	1.74	269.3	-3.31	2.47	30.22	107.63	12.09	77.05	12.27
Potatoes	0.20	150.3	-5.48	-0.79	26.11	47.50	66.86	6.22	-33.45
Onions	0.18	605.3	-2.20	6.51	40.63	286.03	-1.43	130.41	18.06
Fruits	2.11	162.7	1.37	0.56	14.09	11.98	9.82	15.47	19.48
Milk	3.24	175.8	0.19	-0.73	17.85	3.11	26.75	11.41	23.44
Egg, Meat & Fish	2.41	191.1	-0.60	0.68	30.79	9.20	30.99	15.05	29.43
Non-Food Articles	4.26	179.0	-0.69	1.42	13.66	18.86	12.41	25.09	19.20
Fibres	0.88	220.7	0.07	0.00	18.02	45.29	9.49	47.13	26.60
Oil Seeds	1.78	142.2	-1.35	0.42	8.03	4.64	7.11	2.60	4.32
Minerals	1.52	261.3	0.00	-2.35	33.35	12.82	35.86	16.70	28.15
Fuel & Power	14.91	151.9	0.00	0.66	10.56	8.42	6.08	11.61	12.18
Liquefied Petroleum Gas	0.91	128.9	0.00	0.00	0.45	14.99	-7.20	14.99	10.03
Petrol	1.09	158.6	0.00	4.55	9.97	23.14	-2.26	30.75	17.59
High Speed Diesel Oil	4.67	153.6	0.00	0.00	6.52	6.22	-0.15	14.71	14.51

 

Wholesale Price Inflation rose, driven by higher food articles and fuel prices, indicating sustained inflationary pressure. Primary Articles rose to an index of 194.6 with annual inflation strengthening, led by Food Articles and Non Food Articles while Minerals declined; Fuel & Power rose to an index of 151.9 driven by higher petrol and petroleum product prices. The release supplies subgroup indices and week to week movements and notes the next WPI press release date.