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    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
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    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
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    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.

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      News and Press Release

      The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of July, 2017 rose by 1.1 percent to 113.9 (provisional) from 112.7 (provisional) for the previous month.

      August 14, 2017

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      INFLATION

       

      The annual rate of inflation, based on monthly WPI, stood at 1.88% (provisional) for the month of July, 2017 (over July,2016) as compared to 0.90% (provisional) for the previous month and 0.63% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.62% compared to a build up rate of 3.81% in the corresponding period of the previous year

       

      Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II.

      The movement of the index for the various commodity groups is summarized below:-

       

      PRIMARY ARTICLES (Weight 22.62%)

       

      The index for this major group rose by 4.3 percent to 132.4 (provisional) from 126.9 (provisional) for the previous month.  The groups and items which showed variations during the month are as follows:-

       

      The index for ‘Food Articles’ group rose by 6.2 percent to 147.6 (provisional) from 139.0 (provisional) for the previous month due to higher price of fruits & vegetables (29%), peas/chawali (6%), ragi (4%) and condiments & spices, barley, poultry chicken and paddy (1% each).  However, the price of betel leaves (21%), masur, urad and tea (5% each), arhar (4%), moong, bajra, maize and gram (3% each), fish-inland (2%) and fish-marine and jowar (1% each) declined.

       

      The index for ‘Non-Food Articles’ group rose by 0.6 percent to 118.5 (provisional) from 117.8 (provisional) for the previous month due to higher price of raw rubber (8%), safflower (kardi seed) (4%), fodder, floriculture and copra (coconut) (3% each) and mesta, rape & mustard seed and castor seed (1% each).  However, the price of groundnut seed (4%), raw silk and raw jute (3% each), guar seed and sunflower (2% each) and cotton seed and gingelly seed (sesamum) (1% each) declined.

       

      The index for ‘Minerals’ group rose by 2.8 percent to 119.6 (provisional) from 116.3 (provisional) for the previous month due to higher price of manganese ore (23%), sillimanite and bauxite (22% each), chromite (10%) and copper concentrate and limestone (4% each).  However, the price of lead concentrate (20%), zinc concentrate (9%), phosphorite (2%) and iron ore (1%) declined.

       

      The index for ‘Crude Petroleum & Natural Gas’ group declined by 7.8 percent to 64.0 (provisional) from 69.4 (provisional) for the previous month due to lower price of crude petroleum (11%).

       

      FUEL & POWER (Weight 13.15%)

       

      The index for this major group declined by 1.4 percent to 88.4 (provisional) from 89.7 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-


      The index for ‘Mineral Oils’ group declined by 2.8 percent to 75.3 (provisional) from 77.5 (provisional) for the previous month due to lower price of naphtha (7%), ATF (6%), furnace oil (5%), petrol (4%), bitumen (3%) and LPG and HSD (2% each).  However, the price of petroleum coke (3%) moved up.

       

      MANUFACTURED PRODUCTS (Weight 64.23%)

       

      The index for this major group rose by 0.2 percent to 112.7 (provisional) from 112.5 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-


      The index for ‘Manufacture of Food Products’ group rose by 0.2 percent to 126.9 (provisional) from 126.7 (provisional) for the previous month due to higher price of manufacture of cocoa, chocolate and sugar confectionery (4%), salt (3%), butter and processed tea (2% each) and cotton seed oil, copra oil, manufacture of health supplements, powder milk, rice products, sunflower oil and ghee (1% each).  However, the price of instant coffee (5%), processing and preserving of fish, crustaceans & molluscs & products thereof (3%), buffalo meat, fresh/frozen (2%) and wheat bran, gram powder (besan), bagasse, groundnut oil, spices (including mixed spices), manufacture of prepared animal feeds, molasses, mustard oil, processing & preserving of fruit & vegetables, manufacture of macaroni, noodles, couscous and similar farinaceous products, wheat flour (atta) and manufacture of starches & starch products (1% each) declined.

       

      The index for ‘Manufacture of Tobacco Products’ group declined by 0.5 percent to 143.6 (provisional) from 144.3 (provisional) for the previous month due to lower price of other tobacco products (3%).  However, the price of cigarette (2%) moved up.


      The index for ‘Manufacture of Textiles’ group declined by 0.3 percent to 113.4 (provisional) from 113.7 (provisional) for the previous month due to lower price of viscose yarn (3%), manufacture of cordage, rope, twine & netting (2%) and woollen yarn, cotton yarn and manufacture of other textiles (1% each).  However, the price of manufacture of knitted and crocheted fabrics (2%) moved up.


      The index for ‘Manufacture of Wearing Apparel’ group rose by 2.1 percent to 136.0 (provisional) from 133.2 (provisional) for the previous month due to higher price of manufacture of wearing apparel (woven), except fur apparel (3%) and  manufacture of knitted & crocheted apparel (1%).


      The index for ‘Manufacture of Leather and Related Products’ group declined by 0.3 percent to 119.5 (provisional) from 119.9 (provisional) for the previous month due to lower price of canvas shoes (4%), chrome tanned leather (3%), harness, saddles & other related items (2%) and gloves of leather (1%).  However, the price of belt & other articles of leather (3%) and leather shoe (1%) moved up.


      The index for ‘Manufacture of Wood and of Products of Wood and Cork’ group rose by 0.9 percent to 131.7 (provisional) from 130.5 (provisional) for the previous month due to higher price of lamination wooden sheets/veneer sheets and  particle boards (3% each) and wooden block-compressed or not (1%).  However, the price of timber/wooden plank & sawn/resawn (2%) declined.


      The index for ‘Manufacture of Paper and Paper Products’ group rose by 1.6 percent to 117.5 (provisional) from 115.7 (provisional) for the previous month due to higher price of duplex paper (6%), corrugated sheet box (4%), bristle paper board (3%), kraft paper (2%) and newsprint (1%).  However, the price of poster paper (3%) and pulp board, base paper, map litho paper, laminated paper and press board (1% each) declined.


      The index for ‘Printing and Reproduction of Recorded Media’ group rose by 0.8 percent to 143.6 (provisional) from 142.4 (provisional) for the previous month due to higher price of journal/periodical (2%) and printed form & schedule (1%).


      The index for ‘Manufacture of Chemicals and Chemical Products’ group declined by 0.3 percent to 111.3 (provisional) from 111.6 (provisional) for the previous month due to lower price of poly propylene (pp) (7%), paint, phthalic anhydride and aniline (including pna, ona, ocpna) (4% each), acrylic fibre (3%), powder coating material, rubber chemicals and sulphuric acid (2% each) and alkyl benzene, other petrochemical intermediates, liquid air & other gaseous products, mixed fertilizer, ammonium sulphate, epoxy, liquid, organic surface active agent, hair oil/body oil, superphospate/phosphatic fertilizer, others, poly vinyl chloride (pvc), safety matches (match box), amine, adhesive tape (non-medicinal) and  insecticide & pesticide (1% each).  However, the price of xlpe compound and camphor (6% each), caustic soda (sodium hydroxide) (4%), ammonium nitrate (3%), nitrogenous fertilizer, others and perfume/scent (2% each) and sodium silicate, polyethylene, agro chemical formulation, di ammonium phosphate, tooth paste/tooth powder, gelatine, organic chemicals, detergent cake, washing soap cake/bar/powder, shampoo, varnish (all types), fatty acid, acetic acid and its derivatives, additive, foundry chemical and soda ash/washing soda (1% each) moved up.


      The index for ‘Manufacture of Pharmaceuticals, Medicinal Chemical and Botanical Products’ group declined by 0.2 percent to 120.0 (provisional) from 120.2 (provisional) for the previous month due to lower price of simvastatin (12%), anti cancer drugs (3%) and antioxidants, cotton wool (medicinal) and steroids and hormonal preparations (including anti-fungal preparations) (1% each).  However, the price of anti allergic drugs and antibiotics & preparations thereof (3% each) and antipyretic, analgesic, anti-inflammatory formulations (1%) moved up.


      The index for ‘Manufacture of Rubber and Plastics Products’ group declined by 0.6 percent to 107.9 (provisional) from 108.5 (provisional) for the previous month due to lower price of plastic components (4%), processed rubber, medium & heavy commercial vehicle tyre, rubber moulded goods, plastic tank, rubber crumb and polypropylene film (2% each) and rubberized dipped fabric, solid rubber tyres/wheels and polyester film (non-metalized) (1% each).  However, the price of v belt (6%), rubber cloth/sheet (5%), plastic button (4%), cycle/cycle rickshaw tyre (3%) and acrylic/plastic sheet, tooth brush and elastic webbing (1% each) moved up.


      The index for ‘Manufacture of Other Non-Metallic Mineral Products’ group rose by 0.4 percent to 112.8 (provisional) from 112.3 (provisional) for the previous month due to higher price of porcelain sanitary ware (5%), clinker (4%), graphite rod (3%), marble slab (2%) and porcelain crockery, poles & posts of concrete and fibre glass incl. sheet (1% each).  However, the price of cement superfine (4%), white cement (3%), slag cement (2%) and electric insulating material, ordinary sheet glass, glass bottle, plain bricks, stone, chip, granite and cement blocks (concrete) (1% each) declined.


      The index for ‘Manufacture of Basic Metals’ group rose by 0.3 percent to 97.0 (provisional) from 96.7 (provisional) for the previous month due to higher price of other ferro alloys (15%), silicomanganese (6%), angles, channels, sections, steel (coated/not) (4%), mild steel (MS) blooms and aluminium disk and circles (3% each), alloy steel castings, brass metal/sheet/coils, copper shapes - bars/rods/plates/strips, ms wire rods and ferrosilicon (2% each) and copper metal/copper rings, stainless steel pencil ingots/billets/slabs, sponge iron/direct reduced iron (dri) and hot rolled (hr) coils & sheets, including narrow strip (1% each).  However, the price of ferrochrome (10%), ms pencil ingots (3%), alloy steel wire rods and stainless steel bars & rods, including flats (2% each) and aluminium shapes - bars/rods/flats, aluminium ingot, ferromanganese, aluminium alloys and MS bright bars (1% each) declined.


      The index for ‘Manufacture of Fabricated Metal Products, Except Machinery and Equipment’ group declined by 0.2 percent to 107.8 (provisional) from 108.0 (provisional) for the previous month due to lower price of bolts, screws, nuts & nails of iron & steel and stainless steel razor (3% each), forged steel rings (2%) and hose pipes in set or otherwise and pressure cooker (1% each).  However, the price of steel door (2%) and steel drums and barrels, steel structures, electrical stamping- laminated or otherwise and copper bolts, screws, nuts (1% each) moved up.


      The index for ‘Manufacture of Computer, Electronic and Optical Products’ group rose by 0.7 percent to 109.3 (provisional) from 108.5 (provisional) for the previous month due to higher price of microscope (9%), meter (non-electrical), colour tv and computer peripherals (2% each) and ups in solid state drives and capacitors (1% each).  However, the price of watch (2%) declined.


      The index for ‘Manufacture of Electrical Equipment’ group rose by 0.1 percent to 108.4 (provisional) from 108.3 (provisional) for the previous month due to higher price of pvc insulated cable, dry cells such as torch light batteries and electric wires & cables (3% each), transformer (2%) and generators & alternators, a c motor, electric & other meters, insulator, incandescent lamps and flourescent tube (1% each).  However, the price of electrical resistors (except heating resistors), domestic gas stove and fibre optic cables (4% each), light fitting accessories, batteries, solenoid valve, rubber insulated cables and fan (2% each) and electric switch, connector/plug/socket/holder-electric, safety fuse, aluminium wire, electric welding machine and insulating & flexible wire (1% each) declined.


      The index for ‘Manufacture of Machinery and Equipment’ group rose by 0.3 percent to 108.1 (provisional) from 107.8 (provisional) for the previous month due to higher price of furnaces & ovens (6%), excavator (5%), evaporator and  injection pump (4% each), gasket kit (3%), chillers, roller mill (raymond), moulding machine and pharmaceutical machinery (2% each) and industrial valve, drilling machine, water pump, chemical equipment & system and soil preparation & cultivation machinery (other than tractors) (1% each).  However, the price of conveyors - non-roller type and pressure vessel and tank for fermentation & other food processing (2% each) and threshers, motor starter, sugar machinery, open end spinning machinery, mining, quarrying & metallurgical machinery/parts and hydraulic pump (1% each) declined.


      The index for ‘Manufacture of Motor Vehicles, Trailers and Semi-Trailers’ group declined by 0.4 percent to 111.1 (provisional) from 111.6 (provisional) for the previous month due to lower price of cylinder liners (5%), radiators & coolers and engine (2% each) and light, medium & heavy commercial vehicles, minibus/bus, filter element and wheels/wheels & parts (1% each).  However, the price of brake pad/brake liner/brake block/brake rubber, others (4%), head lamp and crankshaft (3% each) and body (for commercial motor vehicles), shock absorbers, piston ring/piston and compressor, seat for motor vehicles and gear box and parts (1% each) moved up.


       

      The index for ‘Manufacture of Other Transport Equipment’ group rose by 1.2 percent to 111.0 (provisional) from 109.7 (provisional) for the previous month due to higher price of diesel/electric locomotive (11%), auto rickshaw/tempo/matador/three wheelers (3%), motor cycles (2%) and tanker and propellers & blades of boats/ships (1% each).  However, the price of wagons (3%) and bicycles of all types (2%) declined.


      The index for ‘Manufacture of Furniture’ group rose by 1.4 percent to 117.8 (provisional) from 116.2 (provisional) for the previous month due to higher price of foam and rubber mattress (4%), wooden furniture (2%) and iron/steel furniture (1%).

       

      The index for ‘Other Manufacturing’ group rose by 5.1 percent to 115.9 (provisional) from 110.3 (provisional) for the previous month due to higher price of gold & gold ornaments (6%).  However, the price of silver (2%) declined.

       

      WPI FOOD INDEX (Weight 24.38%)

       

      The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased from -1.25% in June, 2017 to 2.12% in July, 2017.

       

      FINAL INDEX FOR THE MONTH OF MAY, 2017 (BASE YEAR: 2011-12=100)

       

      For the month of May, 2017, the final Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) stood at 112.9 as compared to 112.8 (provisional) and annual rate of inflation based on final index stood at 2.26 percent as compared to 2.17 percent (provisional) respectively as reported on 14.06.2017.

       

       

      Next date of press release: 14/09/2017 for the month of August, 2017

      Office of Economic Adviser, Ministry of Commerce & Industry, New Delhi,

      This press release is available at our home page http://eaindustry.nic.in

       

       

       

       

       

      Annexure-I

      Wholesale Price Index and Rates of Inflation (Base Year: 2011-12=100)

       

       

       

       

       

      Month of July, 2017

      Commodities/Major Groups/Groups/Sub-Groups

      Weight

      WPI July- 2017

      Latest month over month

      Build up from March

      Year on year

      2016-17

      2017-18

      2016-17

      2017-18

      2016-17

      2017-18

      ALL COMMODITIES

      100.00

      113.9

      0.09

      1.06

      3.81

      0.62

      0.63

      1.88

      PRIMARY ARTICLES

      22.62

      132.4

      -0.15

      4.33

      7.15

      4.17

      6.03

      0.46

      Food Articles

      15.26

      147.6

      0.35

      6.19

      8.32

      7.27

      8.00

      2.15

      Cereals

      2.82

      142.7

      1.36

      0.07

      5.11

      -1.72

      10.35

      0.63

      Paddy

      1.43

      149.2

      1.41

      0.54

      6.66

      1.02

      8.10

      3.47

      Wheat

      1.03

      136.3

      1.03

      0.15

      2.83

      -4.62

      10.50

      -1.16

      Pulses

      0.64

      143.1

      7.23

      -2.98

      27.07

      -7.08

      35.59

      -32.56

      Vegetables

      1.87

      201.7

      -3.84

      48.75

      38.99

      70.35

      12.59

      21.95

      Potato

      0.28

      132.6

      7.51

      17.45

      72.97

      45.55

      76.42

      -42.45

      Onion

      0.16

      117.2

      4.86

      4.83

      -2.78

      5.97

      -52.99

      -9.50

      Fruits

      1.60

      147.6

      3.01

      5.88

      9.36

      5.96

      9.44

      2.71

      Milk

      4.44

      138.9

      0.60

      0.00

      1.90

      1.76

      2.99

      3.50

      Eggs, Meat & Fish

      2.40

      137.6

      -1.55

      -0.22

      -1.41

      2.53

      1.52

      3.30

      Non-Food Articles

      4.12

      118.5

      1.85

      0.59

      7.75

      -2.79

      8.96

      -6.32

      Fibres

      0.84

      119.6

      7.96

      -0.66

      25.35

      -4.24

      28.02

      -5.15

      Oil Seeds

      1.12

      124.7

      0.14

      -0.56

      10.06

      -3.11

      5.87

      -13.64

      Minerals

      0.83

      119.6

      -19.29

      2.84

      -17.13

      4.18

      -8.76

      24.84

      FUEL & POWER

      13.15

      88.4

      -0.59

      -1.45

      10.72

      -5.56

      -9.70

      4.37

      LPG

      0.64

      70.4

      -1.54

      -1.95

      0.57

      -24.79

      -10.80

      0.28

      Petrol

      1.60

      74.2

      -6.49

      -3.76

      17.94

      -9.84

      -26.01

      9.60

      HSD

      3.10

      78.8

      -0.40

      -1.87

      36.07

      -7.18

      -13.64

      5.49

      MANUFACTURED PRODUCTS

      64.23

      112.7

      0.27

      0.18

      1.38

      0.36

      0.36

      2.18

      Manufacture of Food Products

      9.12

      126.9

      1.14

      0.16

      6.15

      -0.31

      9.81

      2.09

      Manufacture of Vegetable And Animal Oils and Fats

      2.64

      105.6

      0.19

      -0.09

      4.51

      -2.58

      4.40

      1.25

      Sugar

      1.06

      129.7

      2.49

      0.39

      11.46

      -0.77

      39.23

      8.44

      Manufacture of Tobacco Products

      0.51

      143.6

      -1.34

      -0.49

      1.98

      0.98

      6.82

      3.01

      Manufacture of Textiles

      4.88

      113.4

      1.00

      -0.26

      2.39

      0.44

      0.91

      1.89

      Manufacture of Wearing Apparel

      0.81

      136.0

      -0.76

      2.10

      2.37

      2.18

      1.64

      4.78

      Manufacture of Leather and Related Products

      0.54

      119.5

      0.00

      -0.33

      0.32

      -0.75

      0.98

      -3.47

      Manufacture of Wood And of Products of Wood and Cork

      0.77

      131.7

      1.25

      0.92

      -0.23

      1.31

      -1.44

      1.39

      Manufacture of Paper and Paper Products

      1.11

      117.5

      0.09

      1.56

      0.44

      1.56

      0.89

      3.71

      Manufacture of Chemicals and Chemical Products

      6.47

      111.3

      0.36

      -0.27

      0.72

      -0.36

      -2.19

      -0.36

      Manufacture of Rubber and Plastics Products

      2.30

      107.9

      -0.19

      -0.55

      0.75

      -0.83

      -2.73

      1.03

      Manufacture of other Non-Metallic Mineral Products

      3.20

      112.8

      0.00

      0.45

      0.82

      3.20

      0.27

      1.90

      Manufacture of Cement, Lime and Plaster

      1.64

      114.8

      0.27

      0.53

      2.76

      5.03

      1.82

      2.68

      Manufacture of Basic Metals

      9.65

      97.0

      -1.00

      0.31

      -0.56

      1.46

      -6.53

      9.36

      Mild Steel - Semi Finished Steel

      1.27

      90.2

      -0.78

      1.35

      -3.26

      -0.11

      -6.12

      1.46

      Manufacture of Fabricated Metal Products,

      Except Machinery and Equipment

      3.15

      107.8

      -0.19

      -0.19

      -1.05

      -0.65

      -1.79

      3.65

      Manufacture of other Transport Equipment

      1.65

      111.0

      -1.12

      1.19

      0.29

      1.00

      -0.47

      5.21

       

       

       

      Annexure-II

       

       

       

       

       

       

       

       

      Trend of Rate of Inflation for some important items during last six months

       

       

       

       

       

       

       

       

      Commodities/Major Groups/Groups/Sub-Groups

      Weight (%)

      Rate of Inflation for the last six months

      July-17

      June-17

      May-17

      Apr-17

      Mar-17

      Feb-17

      ALL COMMODITIES

      100.00

      1.88

      0.90

      2.26

      3.85

      5.11

      5.51

      PRIMARY ARTICLES

      22.62

      0.46

      -3.86

      -1.71

      1.03

      3.33

      4.01

      Food Articles

      15.26

      2.15

      -3.47

      -2.13

      0.58

      3.15

      2.55

      Cereals

      2.82

      0.63

      1.93

      4.15

      6.88

      7.64

      9.05

      Paddy

      1.43

      3.47

      4.36

      6.40

      8.29

      9.25

      8.20

      Wheat

      1.03

      -1.16

      -0.29

      2.23

      6.09

      6.56

      11.33

      Pulses

      0.64

      -32.56

      -25.47

      -19.67

      -13.64

      -7.78

      -2.84

      Vegetables

      1.87

      21.95

      -21.16

      -18.37

      -8.01

      -0.50

      -8.00

      Potato

      0.28

      -42.45

      -47.32

      -43.84

      -40.67

      -31.61

      -24.14

      Onion

      0.16

      -9.50

      -9.47

      -12.86

      -12.63

      -16.97

      -20.98

      Fruits

      1.60

      2.71

      -0.07

      -0.73

      0.00

      6.01

      3.60

      Milk

      4.44

      3.50

      4.12

      4.84

      4.40

      3.64

      3.12

      Eggs, Meat & Fish

      2.40

      3.30

      1.92

      -1.02

      -0.81

      -0.67

      0.52

      Non-Food Articles

      4.12

      -6.32

      -5.15

      -0.91

      -0.08

      3.83

      4.65

      Fibres

      0.84

      -5.15

      3.08

      11.79

      17.74

      24.16

      21.42

      Oil Seeds

      1.12

      -13.64

      -13.04

      -10.22

      -8.52

      -1.91

      -1.53

      Minerals

      0.83

      24.84

      -2.02

      8.04

      11.51

      -0.69

      11.03

      FUEL & POWER

      13.15

      4.37

      5.28

      11.81

      17.11

      22.35

      25.17

      LPG

      0.64

      0.28

      0.70

      18.17

      37.67

      34.10

      11.63

      Petrol

      1.60

      9.60

      6.49

      17.91

      24.68

      43.38

      41.02

      HSD

      3.10

      5.49

      7.07

      22.26

      37.90

      54.64

      68.99

      MANUFACTURED PRODUCTS

      64.23

      2.18

      2.27

      2.55

      3.11

      3.22

      3.23

      Manufacture of Food Products

      9.12

      2.09

      3.09

      4.53

      6.00

      8.71

      10.25

      Manufacture of Vegetable And Animal Oils and Fats

      2.64

      1.25

      1.54

      1.44

      3.98

      8.62

      12.13

      Sugar

      1.06

      8.44

      10.71

      12.40

      12.87

      21.81

      24.43

      Manufacture of Tobacco Products

      0.51

      3.01

      2.12

      0.78

      0.28

      4.02

      5.06

      Manufacture of Textiles

      4.88

      1.89

      3.18

      3.27

      3.93

      3.86

      2.94

      Manufacture of Wearing Apparel

      0.81

      4.78

      1.83

      4.18

      5.59

      4.97

      3.20

      Manufacture of Leather and Related Products

      0.54

      -3.47

      -3.15

      -3.92

      -3.72

      -2.43

      -2.03

      Manufacture of Wood And of Products of Wood and Cork

      0.77

      1.39

      1.71

      1.24

      0.69

      -0.15

      0.93

      Manufacture of Paper and Paper Products

      1.11

      3.71

      2.21

      4.44

      3.65

      2.57

      2.14

      Manufacture of Chemicals and Chemical Products

      6.47

      -0.36

      0.27

      0.00

      0.09

      0.72

      0.63

      Manufacture of Rubber and Plastics Products

      2.30

      1.03

      1.40

      1.31

      1.12

      2.64

      3.32

      Manufacture of other Non-Metallic Mineral Products

      3.20

      1.90

      1.45

      2.09

      1.83

      -0.46

      -0.27

      Manufacture of Cement, Lime and Plaster

      1.64

      2.68

      2.42

      4.18

      3.40

      0.46

      1.11

      Manufacture of Basic Metals

      9.65

      9.36

      7.92

      7.43

      8.34

      7.17

      7.21

      Mild Steel - Semi Finished Steel

      1.27

      1.46

      -0.67

      -1.76

      -1.21

      -1.74

      -1.44

      Manufacture of Fabricated Metal Products, Except Machinery and Equipment

      3.15

      3.65

      3.65

      3.84

      4.53

      3.24

      2.28

      Manufacture of other Transport Equipment

      1.65

      5.21

      2.81

      4.11

      3.75

      4.47

      3.20

                           

       

      MJPS

      Topics

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