Press Information Bureau
Government of India
Ministry of Commerce & Industry

14-September-2011 11:40 IST

Index Numbers of Wholesale Prices in India (Base: 2004-05=100)Review for the month of August, 2011 

The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05 = 100) for the month August, 2011 rose by 0.6 percent to 154.9 (Provisional) from 154.0 (Provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at 9.78% (Provisional) for the month of August, 2011 (over August, 2010) as compared to 9.22% (Provisional) for the previous month and 8.87% during the corresponding month of the previous year. Build up inflation in the financial year so far was 3.61% compared to a build up of 3.52% 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 20.12%)

The index for this major group rose by 0.9 percent to 199.6 (Provisional) from 197.9 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-

 

The index for 'Food Articles' group rose by 0.5 percent to 193.7 (Provisional) from 192.8 (Provisional) for the previous month due to higher prices of fish-inland (15%), ragi (8%), gram (6%), poultry chicken and rice (2% each) and maize, coffee, bajra, masur and pork (1% each).  However, the prices of fish-marine (5%), urad (4%), arhar (3%) and fruits & vegetables, barley and wheat (1% each) declined.

 

The index for 'Non-Food Articles ' group rose by 3.0 percent to 181.1 (Provisional) from 175.8  (Provisional) for the previous month due to higher prices of  flowers (12%), gaur seed (11%), coir fibre, raw cotton and  safflower (7% each), rape & mustard seed, groundnut seed, cotton seed and castor seed (4% each), fodder, niger seed, soyabean and raw silk (3% each) and copra and linseed (1% each).  However, the prices of raw rubber (4%), sunflower (2%) and raw jute (1%) declined.

The index for 'Minerals' group declined by 0.4 percent to 306.6 (Provisional) from 307.7 (Provisional) for the previous month due to lower prices of barytes (16%), magnesite (12%), zinc concentrate (9%), iron ore (4%), sillimanite (3%) and crude petroleum (1%).  However, the prices of copper ore (17%), bauxite (8%), limestone and dolomite (4% each) and steatite (1%) moved up.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by 0.8 percent to 167.0 (Provisional) from 165.6 (Provisional) for the previous month due to higher prices of furnace oil (6%), naphtha (4%), light diesel oil (3%) and bitumen, aviation turbine fuel and lubricants (2% each).

MANUFACTURED PRODUCTS (Weight 64.97%)

The index for this major group rose by 0.4 percent to 138.3 (Provisional) from 137.7 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-

The index for 'Food Products' group rose by 0.6 percent to 150.4 (Provisional) from 149.5 (Provisional) for the previous month due to higher prices of ghee (7%), powder milk and oil cakes (3% each), sugar confectionary, mustard & rapeseed oil, sooji, copra oil, groundnut oil and soyabean oil (2% each) and mixed spices, sunflower oil and gur (1% each).  However, the prices of tea leaf (unblended) and tea dust (unblended) (3% each) and vanaspati, processed prawn and tea leaf (blended) (1% each) declined.

The index for ‘Beverages, Tobacco & Tobacco Products’ group rose by 0.9 percent to 163.3 (Provisional) from 161.8 (Provisional) for the previous month due to higher prices of chewing tobacco (scented or not ) (14%) and cigarette (2%).

The index for 'Textiles' group declined by 1.8 percent to 128.3 (Provisional) from 130.6 (Provisional) for the previous month due to lower prices of cotton yarn (7%), jute yarn (5%) and jute sacking cloth, man made fibre, jute sacking bag and cotton fabric (1% each).  However, the prices of gunny and hessian cloth (8%) and woollen textiles (5%) moved up.

The index for 'Wood & Wood Products' group rose by 0.6 percent to 162.5 (Provisional) from 161.6 (Provisional) for the previous month due to higher prices of  processed wood and plywood & fibre board (1% each).

 

The index for 'Paper & Paper Products' group declined by 1.1 percent to 131.0 (Provisional) from 132.4 (Provisional) for the previous month due to lower prices of card board (11%), corrugated sheet boxes (3%), printing and writing paper (2%) and kraft  paper & bags (1%).  However, the prices of laminated paper (3%) and newsprint and maplitho paper (1% each) moved up.

 

The index for 'Leather & Leather Products' group declined by 0.2 percent to 129.9 (Provisional) from 130.1 (Provisional) for the previous month due to lower prices of leathers (1%).  However, the prices of leather garments & jackets (2%) moved up.

 

The index for 'Rubber & Plastic Products' group rose by 0.3 percent to 133.6 (Provisional) from 133.2 (Provisional) for the previous month due to higher prices of rubber products (1%).

The index for 'Chemicals & Chemical Products' group rose by 0.9 percent to 133.0 (Provisional) from 131.8 (Provisional) for the previous month due to higher prices of distemper and paints (7% each), non-cyclic compound and explosives (3% each), toilet soap (2%) and tooth paste / tooth powder, pesticides, basic inorganic chemicals, polymers, di ammonium phosphate, basic organic chemicals, antacid and digestive preparations and vaccines (1% each).  However, the prices of safety matches/ match box (4%) declined.

The index for 'Non-Metallic Mineral Products' group declined by 0.3 percent to 149.4 (Provisional) from 149.9 (Provisional) for the previous month due to lower prices of white cement (4%), marbles (3%) and slag  cement and grey cement (1% each).  However, the prices of bricks & tiles and glass bottles & bottleware (1% each) moved up.

The index for 'Basic Metals, Alloys & Metal Products' group rose by 1.6 percent to 153.4 (Provisional) from 151.0 (Provisional) for the previous month due to higher prices of gold & gold ornaments (14%), steel (12%), copper wire (all types) (10%), silver (4%), sponge iron (3%), pig iron (2%) and melting scrap, copper / copper ingots,     iron & steel wire, pencil  ingots, rounds, rebars, sheets, hrc, fixtures, wire rods, crc and joist & beams (1% each).  However, the prices of  nuts/bolts/screw/ washers (10%) and metal containers, copper products (other than wire), ferro manganese and aluminium (1% each) declined.

The index for 'Machinery & Machine Tools’ group rose by 0.4 percent to 124.3 (Provisional) from 123.8 (Provisional) for the previous month due to higher prices of earth moving machinery (6%), computers and transformer (4 % each), ball/roller bearing (3%), grinding /wet coffee machinery, textile machinery and harvester (2% each) and electric switches, lamps, fibre optic cable, electric motors and insulators (1% each).  However, the prices of electric switch gears, plastic machinery, electric motor starters and machine tools (1% each) declined.

The index for 'Transport, Equipment & Parts' group rose by 0.3 percent to 124.3 (Provisional) from 123.9 (Provisional) for the previous month due to higher prices of parts of ships/boats etc. (7%), bi-cycles (2%) and auto parts and tractors (1% each).  However, the prices of railway brake gear (1%) declined.

FINAL INDEX FOR THE MONTH OF JUNE, 2011 (BASE YEAR: 2004-05=100)

For the month of June, 2011 the final Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) stood at 153.1 as compared to 152.4  (Provisional) andannual rate of inflation based on final index stood at 9.51 percent as compared to 9.44 percent (Provisional) reported on 16.08.2011.

Next date of press release: 14/10/2011 for the month of September, 2011

 

Annexure-I

Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100)

 

						Month of August,  2011
Commodities/Major Groups/Groups/Sub-Groups	Weight	WPI August, 2011	Latest month over month			Build up from March		Year on year
			2010-11	2011-12		2010-11	2011-12	2010-11	2011-12
ALL COMMODITIES	100.00000	154.9	0.07	0.58		3.52	3.61	8.87	9.78
PRIMARY ARTICLES	20.11815	199.6	-0.28	0.86		6.87	6.06	15.96	12.58
Food Articles	14.33709	193.7	-0.84	0.47		8.01	8.21	14.96	9.62
Cereals	3.37323	177.8	0.78	0.85		1.32	3.19	8.49	5.39
Rice	1.79348	172.9	-0.90	1.71		0.67	3.53	7.38	5.17
Wheat	1.11595	170.0	2.80	-0.58		-0.17	-1.79	10.22	-1.45
Pulses	0.71662	193.1	-1.99	1.36		1.41	1.10	7.75	-4.26
Vegetables	1.73553	197.0	2.44	6.37		33.48	37.47	-4.50	11.80
Potato	0.20150	150.0	-0.30	5.63		26.47	40.32	-45.48	12.53
Onion	0.17794	239.3	4.24	19.29		-3.85	33.61	-1.26	45.29
Fruits	2.10717	184.1	-12.19	-6.31		2.95	-0.22	12.20	22.82
Milk	3.23818	193.1	1.09	-0.16		5.56	10.60	26.89	9.41
Egg, Meat & Fish	2.41384	210.6	1.01	2.43		10.46	7.78	26.99	10.78
Non-Food Articles	4.25756	181.1	1.05	3.01		2.33	-5.38	15.81	17.75
Fibres	0.87737	215.6	0.19	5.84		4.17	-23.98	15.74	36.98
Oil Seeds	1.78051	161.0	0.95	3.01		1.62	6.62	2.52	16.33
Minerals	1.52350	306.6	0.93	-0.36		7.25	14.92	23.77	23.43
FUEL & POWER	14.91021	167.0	0.14	0.85		5.64	5.96	12.55	12.84
Liquefied petroleum gas	0.91468	147.9	0.00	0.14		14.99	14.74	15.30	14.74
Petrol	1.09015	172.4	0.00	0.00		8.62	8.70	15.33	23.23
High speed diesel	4.67020	167.8	0.00	0.00		6.15	9.24	14.64	9.32
MANUFACTURED PRODUCTS	64.97164	138.3	0.16	0.44		1.66	1.99	5.16	7.79
Food Products	9.97396	150.4	0.14	0.60		-1.76	3.65	4.58	8.05
Sugar	1.73731	170.9	-2.01	0.41		-12.42	0.23	2.10	6.28
Edible Oils	3.04293	133.5	1.46	0.45		3.68	3.65	3.50	12.94
Beverages, Tobacco & Tobacco Product	1.76247	163.3	0.42	0.93		1.62	5.70	6.81	13.17
Cotton Textiles	2.60526	142.1	0.25	-4.37		4.65	-8.14	14.72	16.86
Man Made Textiles	2.20573	119.2	0.63	-1.16		3.78	-2.38	9.54	5.96
Wood & Wood Products	0.58744	162.5	0.27	0.56		1.16	7.12	4.66	9.72
Paper & Paper Products	2.03350	131.0	1.78	-1.06		5.10	1.16	5.10	4.30
Leather & Leather Products	0.83509	129.9	0.08	-0.15		1.10	3.51	0.08	0.85
Rubber & Plastic Products	2.98697	133.6	0.08	0.30		2.91	0.45	4.65	7.92
Chemicals & Chemical Products	12.01770	133.0	0.41	0.91		1.83	2.86	4.34	8.48
Non-Metallic Mineral Products	2.55597	149.4	-0.76	-0.33		0.70	0.74	2.13	3.75
Cement & Lime	1.38646	152.6	-1.30	-0.97		0.13	-0.72	1.27	0.79
Basic Metals Alloys & Metal Product	10.74785	153.4	0.22	1.59		3.54	3.44	7.51	11.56
Iron & Semis	1.56301	148.9	0.08	1.57		-0.40	6.13	6.20	20.76
Machinery & Machine Tools	8.93148	124.3	0.25	0.40		1.09	0.81	2.37	2.90
Transport Equipment & Parts	5.21282	124.3	-0.91	0.32		1.02	1.55	2.93	4.19

 

 

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
		Aug-11	July-11	June-11	May-11	Apr-11	Mar-11
ALL COMMODITIES	100.00	9.78	9.22	9.51	9.56	9.74	9.68
PRIMARY ARTICLES	20.12	12.58	11.30	11.31	12.92	15.09	13.44
Food Articles	14.34	9.62	8.19	7.64	8.25	10.66	9.41
Cereals	3.37	5.39	5.32	5.05	5.76	4.42	3.48
Rice	1.79	5.17	2.47	2.86	3.79	2.32	2.27
Wheat	1.12	-1.45	1.91	-0.06	-0.42	0.18	0.17
Pulses	0.72	-4.26	-7.43	-9.33	-9.21	-6.37	-3.97
Vegetables	1.74	11.80	7.67	-6.45	-0.66	2.02	8.56
Potato	0.20	12.53	6.21	0.48	0.08	-1.09	1.42
Onion	0.18	45.29	26.96	16.11	8.13	6.01	4.55
Fruits	2.11	22.82	15.11	19.79	27.42	44.44	26.72
Milk	3.24	9.41	10.77	11.52	6.11	2.87	4.43
Egg, Meat & Fish	2.41	10.78	9.25	9.88	6.59	11.14	13.54
Non-Food Articles	4.26	17.75	15.51	18.44	21.42	26.86	27.35
Fibres	0.88	36.98	29.66	44.61	56.90	87.22	87.69
Oil Seeds	1.78	16.33	14.00	12.85	12.06	10.03	10.87
Minerals	1.52	23.43	25.03	23.41	29.57	23.57	15.20
FUEL & POWER	14.91	12.84	12.04	12.85	12.32	13.04	12.49
Liquefied petroleum gas	0.91	14.74	14.58	12.17	11.31	11.31	14.99
Petrol	1.09	23.23	23.23	30.61	27.31	21.81	23.14
High speed diesel	4.67	9.32	9.32	6.58	5.49	5.49	6.22
MANUFACTURED PRODUCTS	64.97	7.79	7.49	7.90	7.43	6.80	7.45
Food Products	9.97	8.05	7.55	8.77	7.85	5.94	2.40
Sugar	1.74	6.28	3.72	7.53	5.53	3.45	-7.14
Edible Oils	3.04	12.94	14.08	15.80	15.47	13.47	12.98
Beverages, Tobacco & Tobacco Product	1.76	13.17	12.60	12.59	9.74	7.71	8.80
Cotton Textiles	2.61	16.86	22.51	25.45	28.89	31.08	33.13
Man Made Textiles	2.21	5.96	7.87	10.13	10.45	11.83	12.64
Wood & Wood Products	0.59	9.72	9.41	9.47	5.29	2.89	3.62
Paper & Paper Products	2.03	4.30	7.29	7.79	7.88	6.86	8.37
Leather & Leather Products	0.84	0.85	1.09	1.17	-0.55	-0.16	-1.49
Rubber & Plastic Products	2.99	7.92	7.68	8.05	8.14	9.52	10.56
Chemicals & Chemical Products	12.02	8.48	7.94	8.01	7.50	6.85	7.39
Non-Metallic Mineral Products	2.56	3.75	3.31	4.54	3.59	3.62	3.71
Cement & Lime	1.39	0.79	0.46	2.26	2.04	1.78	1.65
Basic Metals Alloys & Metal Product	10.75	11.56	10.06	9.54	8.36	7.49	11.67
Iron & Semis	1.56	20.76	18.99	18.80	15.02	12.36	13.33
Machinery & Machine Tools	8.93	2.90	2.74	2.99	3.08	2.82	3.18
Transport Equipment & Parts	5.21	4.19	2.91	3.00	1.42	2.08	3.64

 

 

 

 

DS/gk

Wholesale Price Inflation rises, led by fuel, primary articles and manufactured products; monthly and annual inflation remain elevated. The official WPI (base 2004-05=100) for August 2011 rose to 154.9 (provisional) with the annual inflation rate at 9.78 percent; build up inflation for the financial year so far is reported. Primary Articles, Fuel & Power and Manufactured Products each showed month over month movements: Primary Articles rose with mixed food and non food shifts, Fuel & Power increased due to higher petroleum product prices, and Manufactured Products rose modestly with sectoral divergences. Annexed tables provide weights, monthly and year on year rates and six month trends for major groups and selected items.