core sector communique

Wholesale Price Indices for Primary Articles and Fuel, Power, Light & Lubricants in India (Base: 1993-94=100)
Review for the week ended 20th February, 2010 

The WPI for the week ended 20th February, 2010 in respect of ‘Primary Articles and ‘Fuel, Power, Light & Lubricants’ is given below:
PRIMARY ARTICLES (Weight 22.02%)
The WPI for the week ended 20th February, 2010 declined by 0.3 percent to 283.7 (Provisional) from 284.5 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 15.00 percent (Provisional) for the week ended 20/02/2010 (over 21/02/2009) as compared to 15.84 percent (Provisional) for the previous week (ended 13/02/2010) and 5.65 percent during the corresponding week (ended 21/02/2009) of the previous year.
The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Articles' group declined by 0.4 percent to 285.0 (Provisional) from 286.2 (Provisional) for the previous week due to lower prices of fruits & vegetables, gram and barley (3% each), condiments & spices (2%) and tea, wheat, eggs and arhar (1% each). However, the prices of fish-marine (3%) and fishinland and milk (1% each) moved up.
The index for 'Non-Food Articles' group rose by 0.1 percent to 256.2 (Provisional) from 256.0 (Provisional) for the previous week due to higher prices of raw jute and raw rubber (4% each). However, the prices of castor seed, mesta and groundnut seed (1% each) declined.
FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group declined marginally to 355.4 (Provisional) from 355.5 (Provisional) for the previous week due to lower prices of aviation turbine fuel (3%).
The annual rate of inflation, calculated on point to point basis stood at 9.59 percent (Provisional) for the week ended 20/02/2010 over 21/02/2009 as compared to 9.89 percent (Provisional) for the previous week (ended 13/02/2010) and (-) 3.74 percent during the corresponding week (ended 21/02/2009) of the previous year.