Press Information Bureau

Government of India

Ministry of Commerce & Industry

15-December-2011 11:34 IST

The WPI for the week ended 3^rd December, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

PRIMARY ARTICLES (Weight 20.12%) 

The index for this major group declined by 0.6 percent to 198.1 (Provisional) from 199.3 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 5.48 percent (Provisional) for the week ended 03/12/2011 (over 04/12/2010) as compared to 6.92 percent (Provisional) for the previous week (ended 26/11/2011). 

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

The index for 'Food Articles' group declined by 1.0 percent to 191.9 (Provisional) from 193.8  (Provisional) for the previous week due to lower prices of fruits & vegetables (4%), poultry chicken and   urad (3% each) and ragi, gram, barley, tea, condiments & spices and arhar (1% each).  However, the prices of pork (6%), beef & buffalo meat and jowar (2% each) and bajra, fish-inland and maize (1% each) moved up.

The index for 'Non-Food Articles' group rose by 0.4 percent to 178.4 (Provisional) from 177.7  (Provisional) for the previous week due to higher prices of flowers (6%), gaur seed and linseed (5% each), raw rubber (4%), niger seed and raw silk (3% each), rape & mustard seed (2%) and sunflower (1 %).  However, the prices of gingelly seed and castor seed (3% each), fodder (2%) and coir fibre,      soyabean, copra and groundnut seed (1% each) declined.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by 0.3 percent to 172.4 (Provisional) from 171.8 (Provisional) for the previous week due to higher prices of aviation turbine fuel and bitumen (4% each) and naphtha and light diesel oil (3% each).  However, the prices of petrol and furnace oil (1% each) declined.

The annual rate of inflation, calculated on point to point basis, stood at 15.24 percent (Provisional) for the week ended 03/12/2011 (over 04/12/2010) as compared to 15.53 percent (Provisional) for the previous week (ended 26/11/2011). 

Build up inflation over the week, financial year end and over the year is given in Annexure-I for some important items. Trend of rate of inflation during last six weeks is also given for some important items in Annexure II.

Next date of press release: 22/12/2011 for the week ending 10/12/201

Annexure-I

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

Annexure-

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

DS/GK

Wholesale Price Index shows mixed movements: primary articles eased while fuel and power maintained strong inflationary pressure. The weekly WPI release reports that Primary Articles fell slightly due to lower prices in Food Articles (fruits, vegetables, poultry, selected cereals) while Non Food Articles rose on higher seed, rubber and silk prices; the point to point annual inflation for Primary Articles eased. Fuel & Power rose modestly driven by aviation turbine fuel, bitumen, naphtha and light diesel oil despite declines in petrol and furnace oil, with its annual inflation remaining higher than Primary Articles. Annexures provide detailed subgroup indices and multiweek trends.