Review for the week ended 16th May 2009
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 16th May 2009 rose by 0.1 percent to 232.2 (Provisional) from 232.0 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, remained unchanged at its previous week’s level of 0.61 percent (Provisional) for the week ended 16/05/2009 (over 17/05/2008) and 8.66 percent during the corresponding week (ended 17/05/2008) of the previous year.
The movement of the index for the various commodity groups is summarized below:-
1. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose marginally to 256.1 (Provisional) from 256.0 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for ‘Food Articles’ group declined marginally to 251.4 (Provisional) from 251.5 (Provisional) for the previous week due to lower prices of gram, fruits & vegetables and jowar (1% each). However, the prices of tea (10%), barley (2%) and bajra, moong and urad (1% each) moved up.
The index for ‘Non-Food Articles’ group rose by 0.2 percent to 234.7 (Provisional) from 234.3 (Provisional) for the previous week due to higher prices of raw cotton (2%) and linseed (1%). However, the prices of raw rubber (5%), copra (2%) and niger seed (1%) declined.
The index for ‘Minerals’ group rose marginally to 675.4 (Provisional) from 675.2 (Provisional) for the previous week due to higher prices of barytes (19%), felspar (2%) and asbestos and fluorite (1% each).
2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.1 percent to 324.0 (Provisional) from 323.7 (Provisional) for the previous week due to higher prices of aviation turbine fuel and furnace oil (2% each).
3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.1 percent to 203.5 (Provisional) from 203.3 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Products’ group rose by 0.5 percent to 232.6 (Provisional) from 231.4 (Provisional) for the previous week due to higher prices of bagasse (25%), unrefined oil (21%), malted food (7%), imported edible oil (3%) and khandsari (1%). However, the prices of rice bran oil (2%) and cotton seed oil (1%) declined.
The index for 'Beverages Tobacco & Tobacco Products' group rose by 0.1 percent to 302.4 (Provisional) from 302.0 (Provisional) for the previous week due to higher prices of potable country liquor (7%). However, the prices of rectified spirit (1%) declined.
The index for 'Textiles' group declined by 0.1 percent to 141.0 (Provisional) from 141.2 (Provisional) for the previous week due to lower prices of cotton yarn-'hanks and polyester staple fibre (1% each). However, the prices of nylon filament yarn, viscose filament yarn and cotton yarn-cones (1% each) moved up.
The index for ' Transport Equipment & Parts ' group declined by 0.1 percent to 175.1 (Provisional) from 175.2 (Provisional) for the previous week due to lower prices of bicycles (1%).
4. FINAL INDEX FOR THE WEEK ENDED 21st March 2009
For the week ended 21/03/2009, the final wholesale price index for 'All Commodities’ (Base:1993-94=100) stood at 228.5 as compared to 227.3 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 0.84 percent as compared to 0.31 percent (Provisional) reported earlier vide press note dated 02/04/2009.
No comments:
Post a Comment