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The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of August, 2020 (Provisional) and for the month of June, 2020 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) with a time lag of two weeks of the reference month. After 10 weeks, the index is finalized and final figures are released and then frozen thereafter.
INFLATION
The annual rate of inflation, based on monthly WPI, stood at (0.16%) (Provisional) for the month of August, 2020 (over August, 2019) as compared to 1.17% during the corresponding month of the previous year.
WPI based Indices and Annual Rate of Inflation (%)* | |||||||
All Commodities/Major Groups |
Weight (%) | Jun-20 (F) | Jul-20 (P) | Aug-20 (P) | |||
Index | Inflation | Index | Inflation | Index | Inflation | ||
ALL COMMODITIES | 100.0 | 119.3 | -1.81 | 120.6 | -0.58 | 121.7 | 0.16 |
I PRIMARY ARTICLES | 22.6 | 140.9 | -0.07 | 143.7 | 0.63 | 146.3 | 1.60 |
II FUEL & POWER | 13.2 | 85.6 | -16.24 | 90.7 | -9.84 | 91.4 | -9.68 |
III MANUFACTURED PRODUCTS | 64.2 | 118.6 | 0.08 | 118.6 | 0.51 | 119.3 | 1.27 |
FOOD INDEX | 24.4 | 148.7 | 3.12 | 152.0 | 4.32 | 153.3 | 4.07 |
Note: P: Provisional, F: Final, * Annual Rate of Inflation calculated over corresponding month of last year.
The movement of the index for the various commodity groups is summarized below:-
PRIMARY ARTICLES (Weight 22.62%)
The index for this major group increased by (1.81%) to 146.3 (provisional) in August, 2020 from 143.7 (provisional) for the month of July, 2020. Prices of Minerals (10.21%), Crude Petroleum & Natural Gas (4.72%), Non-food Articles (3.06%) and Food Articles (0.93%) increased as compared to July, 2020.
FUEL & POWER (Weight 13.15%)
The index for this major group increased by (0.77%) to 91.4 (provisional) in August, 2020 from 90.7 (provisional) for the month of July, 2020. Prices of Mineral Oils (1.30%) increased as compared to July, 2020. Prices of Coal and Electricity remain unchanged.
MANUFACTURED PRODUCTS (Weight 64.23%)
The index for this major group increased by (0.59%) to 119.3 (provisional) in August, 2020 from 118.6 (provisional) for the month of July, 2020. Out of the 22 NIC two-digit groups for Manufactured products, 11 groups that have witnessed increase in prices are manufacture of food products; beverages; leather and related products; wood and of products of wood and cork; printing and reproduction of recorded media; pharmaceuticals, medicinal chemical and botanical products; basic metals; electrical equipment; machinery and equipment; other transport equipment; other manufacturing in August, 2020 as compared to July, 2020. Whereas 10 groups that have witnessed decrease in prices are manufacture of tobacco products; textiles; wearing apparel; paper and paper products; chemicals and chemical products; rubber and plastics products; other non-metallic mineral products; fabricated metal products, except machinery and equipment; computer, electronic and optical products; furniture in August, 2020 as compared to July, 2020. While the prices of manufacture of motor vehicles, trailers and semi-trailers remain unchanged in August, 2020 as compared to July, 2020.
WPI FOOD INDEX (Weight 24.38%)
The Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group have increased from 152.0 in July, 2020 to 153.3 in August, 2020. The annual rate of inflation based on WPI Food Index decreased from 4.32% in July, 2020 to 4.07% in August, 2020.
FINAL INDEX FOR THE MONTH OF JUNE, 2020 (BASE YEAR:2011-12=100)
For the month of June 2020, the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 119.3 and WPI based rate of inflation stood at -1.81%.
Note:
Annexure-I
All India Wholesale Price Indices and Rates of Inflation (Base Year: 2011-12=100) for August, 2020
Commodities/Major Groups/Groups/Sub-Groups/Items | Weight | Index(Latest Month)* | Latest month over month | Cumulative Inflation (YoY) | WPI Based rate of Inflation (YoY) | |||
2019-2020 | 2020-2021* | 2019-2020 | 2020-2021* | August 19 | August 20* | |||
ALL COMMODITIES | 100.00 | 121.7 | 0.16 | 0.91 | 2.07 | -1.43 | 1.17 | 0.16 |
I. PRIMARY ARTICLES | 22.62 | 146.3 | 0.84 | 1.81 | 6.36 | -0.20 | 6.51 | 1.60 |
A. Food Articles | 15.26 | 162.1 | 1.17 | 0.93 | 7.10 | 3.11 | 7.80 | 3.84 |
Cereals | 2.82 | 159.5 | 1.25 | -1.30 | 8.28 | 1.75 | 8.48 | -1.79 |
Paddy | 1.43 | 164.8 | 0.56 | -0.66 | 2.81 | 3.58 | 3.34 | 2.49 |
Wheat | 1.03 | 154.2 | 2.02 | -2.10 | 6.06 | 3.93 | 5.32 | -1.47 |
Pulses | 0.64 | 159.4 | 0.35 | 0.00 | 18.40 | 11.44 | 16.36 | 9.86 |
Vegetables | 1.87 | 211.7 | 2.65 | 1.53 | 21.78 | -0.38 | 12.90 | 7.03 |
Potato | 0.28 | 321.4 | -0.28 | 7.89 | -22.30 | 64.98 | -22.26 | 82.93 |
Onion | 0.16 | 142.3 | 19.41 | 5.10 | 14.69 | -6.41 | 33.01 | -34.48 |
Fruits | 1.60 | 158.9 | 2.58 | 5.51 | 4.44 | 0.00 | 19.77 | -0.25 |
Milk | 4.44 | 152.1 | 0.41 | 0.07 | 1.53 | 4.94 | 1.53 | 4.25 |
Eggs, Meat & Fish | 2.40 | 153.4 | 0.07 | 0.99 | 5.93 | 4.07 | 7.04 | 6.23 |
B. Non-Food Articles | 4.12 | 127.9 | 0.85 | 3.06 | 5.19 | -2.94 | 4.68 | -1.46 |
Oil Seeds | 1.12 | 155.7 | 1.07 | 1.10 | 8.05 | 2.85 | 8.28 | 2.64 |
C. Minerals | 0.83 | 166.3 | -3.18 | 10.21 | 19.65 | 0.22 | 22.41 | 4.99 |
D. Crude Petroleum | 1.95 | 60.6 | -2.78 | 7.83 | -10.68 | -35.34 | -16.97 | -17.44 |
II. FUEL & POWER | 13.15 | 91.4 | 0.60 | 0.77 | -0.76 | -14.36 | -3.53 | -9.68 |
LPG | 0.64 | 74.2 | -11.18 | 0.00 | -3.50 | -10.85 | -27.94 | 6.15 |
Petrol | 1.60 | 73.2 | -0.24 | -0.14 | -3.08 | -20.93 | -5.77 | -13.78 |
HSD | 3.10 | 80.1 | 0.32 | 1.14 | -1.15 | -21.93 | -3.61 | -14.33 |
III. MANUFACTURED PRODUCTS | 64.23 | 119.3 | -0.17 | 0.59 | 0.92 | 0.34 | 0.00 | 1.27 |
Mf/o Food Products | 9.12 | 138.7 | 0.91 | 0.73 | 1.82 | 4.95 | 2.24 | 4.68 |
Vegetable And Animal Oils and Fats | 2.64 | 133.7 | 1.42 | 2.77 | -5.58 | 13.97 | -4.12 | 17.38 |
Mf/o Beverages | 0.91 | 125.1 | 0.00 | 0.24 | 3.13 | 1.57 | 3.08 | 1.13 |
Mf/o Tobacco Products | 0.51 | 155.2 | 0.92 | -1.15 | 2.43 | 2.74 | 2.46 | 0.84 |
Mf/o Textiles | 4.88 | 113.1 | -0.67 | -0.09 | 2.16 | -3.91 | -0.17 | -4.23 |
Mf/o Wearing Apparel | 0.81 | 136.4 | -0.07 | -0.44 | -0.98 | -0.38 | -0.86 | -0.87 |
Mf/o Leather and Related Products | 0.54 | 118.3 | 0.76 | 0.34 | -2.82 | -1.02 | -1.89 | -0.76 |
Mf/o Wood And of Products of Wood and Cork | 0.77 | 134.7 | -0.52 | 0.30 | 1.25 | -0.49 | 0.75 | 0.30 |
Mf/o Paper and Paper Products | 1.11 | 119.6 | -0.57 | -0.42 | 0.76 | -1.86 | -0.74 | -1.48 |
Mf/o Chemicals and Chemical Products | 6.47 | 115.8 | -0.17 | -0.09 | 1.17 | -2.89 | -0.51 | -2.03 |
Mf/o Pharmaceuticals, Medicinal Chemical And Botanical Products | 1.99 | 130.2 | 0.88 | 0.85 | 2.83 | 3.09 | 2.76 | 3.01 |
Mf/o Rubber and Plastics Products | 2.30 | 107.5 | -0.73 | -0.09 | 0.17 | -1.52 | -1.10 | -0.74 |
Mf/o other Non-Metallic Mineral Products | 3.20 | 117.2 | -0.68 | -0.42 | 1.82 | 0.14 | 0.78 | 0.43 |
Cement, Lime and Plaster | 1.64 | 120.9 | -1.41 | -0.82 | 5.81 | 1.34 | 4.77 | 2.03 |
Mf/o Basic Metals | 9.65 | 106.5 | -2.15 | 2.31 | -3.38 | -2.89 | -6.27 | 1.82 |
Mild Steel - Semi Finished Steel | 1.27 | 97.5 | -1.37 | 2.74 | -3.83 | -0.46 | -5.93 | 4.17 |
Mf/o Fabricated Metal Products, Except Machinery and Equipment | 3.15 | 113.2 | -0.17 | -0.53 | 1.95 | -1.93 | -0.61 | -1.31 |
Note: * = Provisional, Mf/o = Manufacture of, YoY= Year on year.
Annexure-II
Commodities/Major Groups/Groups/Sub-Groups/Items | Weight | WPI based inflation figures for last 6 months | |||||
Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20* | Aug-20* | ||
ALL COMMODITIES | 100.00 | 0.42 | -1.57 | -3.37 | -1.81 | -0.58 | 0.16 |
I. PRIMARY ARTICLES | 22.62 | 2.16 | -1.08 | -2.14 | -0.07 | 0.63 | 1.60 |
A. Food Articles | 15.26 | 4.64 | 3.83 | 1.66 | 2.10 | 4.08 | 3.84 |
Cereals | 2.82 | 2.67 | 3.63 | 3.56 | 2.72 | 0.75 | -1.79 |
Paddy | 1.43 | 1.72 | 3.63 | 3.49 | 4.55 | 3.75 | 2.49 |
Wheat | 1.03 | 4.76 | 6.40 | 7.17 | 5.11 | 2.67 | -1.47 |
Pulses | 0.64 | 11.90 | 14.63 | 12.54 | 10.10 | 10.24 | 9.86 |
Vegetables | 1.87 | 10.64 | 3.14 | -12.25 | -9.21 | 8.20 | 7.03 |
Potato | 0.28 | 61.36 | 62.05 | 52.56 | 56.20 | 69.07 | 82.93 |
Onion | 0.16 | 112.31 | 72.34 | 5.81 | -15.27 | -25.56 | -34.48 |
Fruits | 1.60 | -1.92 | 0.26 | 0.86 | 2.31 | -3.03 | -0.25 |
Milk | 4.44 | 5.59 | 5.87 | 5.58 | 4.40 | 4.61 | 4.25 |
Eggs, Meat & Fish | 2.40 | 4.19 | 2.31 | 2.08 | 4.45 | 5.27 | 6.23 |
B. Non-Food Articles | 4.12 | 0.89 | -2.98 | -3.92 | -2.80 | -3.57 | -1.46 |
Oil Seeds | 1.12 | 2.89 | 1.89 | 3.92 | 3.20 | 2.60 | 2.64 |
C. Minerals | 0.83 | 13.62 | -2.47 | -1.63 | 8.41 | -7.76 | 4.99 |
D. Crude Petroleum | 1.95 | -38.98 | -58.76 | -46.27 | -25.17 | -25.56 | -17.44 |
II. FUEL & POWER | 13.15 | -2.93 | -12.65 | -23.08 | -16.24 | -9.84 | -9.68 |
LPG | 0.64 | 11.87 | -1.11 | -28.63 | -19.96 | -5.72 | 6.15 |
Petrol | 1.60 | -6.86 | -23.92 | -30.27 | -22.34 | -13.87 | -13.78 |
HSD | 3.10 | -10.55 | -20.42 | -34.89 | -24.55 | -15.02 | -14.33 |
III. MANUFACTURED PRODUCTS | 64.23 | 0.25 | 0.17 | -0.34 | 0.08 | 0.51 | 1.27 |
Mf/o Food Products | 9.12 | 6.31 | 5.33 | 4.77 | 5.12 | 4.87 | 4.68 |
Vegetable And Animal Oils and Fats | 2.64 | 11.96 | 10.97 | 11.34 | 14.32 | 15.85 | 17.38 |
Mf/o Beverages | 0.91 | 2.13 | 1.87 | 2.20 | 1.78 | 0.89 | 1.13 |
Mf/o Tobacco Products | 0.51 | 0.46 | 2.09 | 4.83 | 2.99 | 2.95 | 0.84 |
Mf/o Textiles | 4.88 | -1.60 | -2.01 | -3.68 | -4.86 | -4.79 | -4.23 |
Mf/o Wearing Apparel | 0.81 | 0.07 | -0.07 | 0.07 | -0.51 | -0.51 | -0.87 |
Mf/o Leather and Related Products | 0.54 | -2.57 | -2.40 | -0.76 | -0.84 | -0.34 | -0.76 |
Mf/o Wood And of Products of Wood and Cork | 0.77 | -1.70 | -0.75 | -1.19 | -0.30 | -0.52 | 0.30 |
Mf/o Paper and Paper Products | 1.11 | -2.75 | -2.66 | -1.79 | -1.71 | -1.64 | -1.48 |
Mf/o Chemicals and Chemical Products | 6.47 | -3.43 | -3.92 | -3.59 | -2.77 | -2.11 | -2.03 |
Mf/o Pharmaceuticals, Medicinal Chemical And Botanical Products | 1.99 | 2.61 | 4.16 | 2.39 | 2.86 | 3.03 | 3.01 |
Mf/o Rubber and Plastics Products | 2.30 | -2.45 | -2.19 | -1.83 | -1.46 | -1.37 | -0.74 |
Mf/o other Non-Metallic Mineral Products | 3.20 | -0.43 | 0.34 | -0.25 | 0.00 | 0.17 | 0.43 |
Cement, Lime and Plaster | 1.64 | 1.45 | 2.25 | 0.98 | 0.08 | 1.41 | 2.03 |
Mf/o Basic Metals | 9.65 | -4.59 | -3.17 | -5.75 | -4.51 | -2.62 | 1.82 |
Mild Steel - Semi Finished Steel | 1.27 | -2.34 | -1.73 | -2.69 | -1.87 | 0.00 | 4.17 |
Mf/o Fabricated Metal Products, Except Machinery and Equipment | 3.15 | -1.28 | -1.71 | -3.59 | -2.07 | -0.96 | -1.31 |
Annexure-III
Commodities/Major Groups/Groups/Sub-Groups/Items | Weight | WPI Index for last 6 months | |||||
Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20* | Aug-20* | ||
ALL COMMODITIES | 100.00 | 120.4 | 119.2 | 117.5 | 119.3 | 120.6 | 121.7 |
I. PRIMARY ARTICLES | 22.62 | 137.4 | 137.8 | 137.3 | 140.9 | 143.7 | 146.3 |
A. Food Articles | 15.26 | 151.2 | 154.5 | 153.1 | 155.4 | 160.6 | 162.1 |
Cereals | 2.82 | 161.7 | 162.7 | 162.7 | 162.2 | 161.6 | 159.5 |
Paddy | 1.43 | 159.3 | 162.7 | 163.1 | 165.6 | 165.9 | 164.8 |
Wheat | 1.03 | 162.9 | 161.2 | 161.5 | 158.5 | 157.5 | 154.2 |
Pulses | 0.64 | 151.4 | 158.3 | 159.7 | 159.2 | 159.4 | 159.4 |
Vegetables | 1.87 | 158.1 | 167.3 | 153.3 | 166.6 | 208.5 | 211.7 |
Potato | 0.28 | 215.9 | 231.9 | 240.9 | 265.7 | 297.9 | 321.4 |
Onion | 0.16 | 229.3 | 204.4 | 142.0 | 133.7 | 135.4 | 142.3 |
Fruits | 1.60 | 137.8 | 154.6 | 152.2 | 150.8 | 150.6 | 158.9 |
Milk | 4.44 | 151.2 | 151.6 | 151.4 | 151.9 | 152.0 | 152.1 |
Eggs, Meat & Fish | 2.40 | 146.8 | 146.2 | 147.3 | 152.5 | 151.9 | 153.4 |
B. Non-Food Articles | 4.12 | 124.8 | 123.9 | 122.5 | 125.1 | 124.1 | 127.9 |
Oil Seeds | 1.12 | 149.7 | 150.6 | 153.6 | 154.8 | 154.0 | 155.7 |
C. Minerals | 0.83 | 156.8 | 154.1 | 150.9 | 166.3 | 150.9 | 166.3 |
D. Crude Petroleum | 1.95 | 47.9 | 33.9 | 43.9 | 56.2 | 56.2 | 60.6 |
II. FUEL & POWER | 13.15 | 99.5 | 89.8 | 80.3 | 85.6 | 90.7 | 91.4 |
LPG | 0.64 | 96.1 | 89.0 | 65.3 | 73.8 | 74.2 | 74.2 |
Petrol | 1.60 | 80.1 | 66.8 | 61.5 | 66.4 | 73.3 | 73.2 |
HSD | 3.10 | 86.5 | 76.0 | 62.9 | 71.6 | 79.2 | 80.1 |
III. MANUFACTURED PRODUCTS | 64.23 | 118.6 | 118.7 | 118.2 | 118.6 | 118.6 | 119.3 |
Mf/o Food Products | 9.12 | 136.5 | 136.3 | 136.1 | 137.5 | 137.7 | 138.7 |
Vegetable And Animal Oils and Fats | 2.64 | 127.3 | 126.4 | 125.7 | 128.5 | 130.1 | 133.7 |
Mf/o Beverages | 0.91 | 124.6 | 125.0 | 125.4 | 125.5 | 124.8 | 125.1 |
Mf/o Tobacco Products | 0.51 | 154.5 | 156.4 | 160.6 | 158.6 | 157.0 | 155.2 |
Mf/o Textiles | 4.88 | 116.7 | 117.0 | 115.2 | 113.6 | 113.2 | 113.1 |
Mf/o Wearing Apparel | 0.81 | 138.4 | 138.9 | 138.4 | 137.3 | 137.0 | 136.4 |
Mf/o Leather and Related Products | 0.54 | 117.5 | 117.7 | 118.3 | 117.6 | 117.9 | 118.3 |
Mf/o Wood And of Products of Wood and Cork | 0.77 | 132.8 | 132.6 | 133.1 | 134.1 | 134.3 | 134.7 |
Mf/o Paper and Paper Products | 1.11 | 120.4 | 120.6 | 120.8 | 120.4 | 120.1 | 119.6 |
Mf/o Chemicals and Chemical Products | 6.47 | 115.5 | 115.2 | 115.5 | 115.7 | 115.9 | 115.8 |
Mf/o Pharmaceuticals, Medicinal Chemical And Botanical Products | 1.99 | 129.7 | 130.3 | 128.6 | 129.3 | 129.1 | 130.2 |
Mf/o Rubber and Plastics Products | 2.30 | 107.4 | 107.3 | 107.4 | 107.7 | 107.6 | 107.5 |
Mf/o other Non-Metallic Mineral Products | 3.20 | 116.1 | 117.8 | 118.2 | 118.3 | 117.7 | 117.2 |
Cement, Lime and Plaster | 1.64 | 119.0 | 122.6 | 123.8 | 121.9 | 121.9 | 120.9 |
Mf/o Basic Metals | 9.65 | 106.0 | 107.0 | 103.3 | 103.8 | 104.1 | 106.5 |
Mild Steel - Semi Finished Steel | 1.27 | 95.8 | 96.3 | 94.1 | 94.4 | 94.9 | 97.5 |
Mf/o Fabricated Metal Products, Except Machinery and Equipment | 3.15 | 115.3 | 114.8 | 112.8 | 113.8 | 113.8 | 113.2 |
* = Provisional, Mf/o = Manufacture of
Wholesale Price Index shows marginal annual inflation for August, indicating slowing price growth across major commodity groups. Provisional WPI for August 2020: All Commodities index at 121.7 with annual inflation 0.16%. Primary Articles rose to 146.3, Fuel & Power to 91.4 and Manufactured Products to 119.3. WPI Food Index increased to 153.3 with annual inflation moderating to 4.07%. The release details month on month and year on year movements across commodity sub groups and notes provisional compilation at a weighted response rate of 76%, with final indices released after a ten week revision period. of Press 'Enter' after typing page number.
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