Wholesale Price Indices for Primary Articles and Fuel. Power, Light & Lubricants in India (Base: 1993-94 = 100)Review for the week ended 15th May, 2010
The WPI for the week ended 15th May, 2010 in respect of ‘Primary Articles’ and ‘Fuel, Power, Light & Lubricants’ is given below:
PRIMARY ARTICLES (Weight 22.02%)
The index for this major group declined by 0.10 percent to 298.9 (Provisional) from 299.2 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 15.90 percent (Provisional) for the week ended 15/05/2010 (over 16/05/2009) as compared to 16.19 percent (Provisional) for the previous week (ended 08/05/2010) and 6.97 percent during the corresponding week (ended16/05/2009) 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 0.1 percent to 293.6 (Provisional) from 293.9 (Provisional) for the previous week due to lower prices of masur (4 %), fruits & vegetables (2%). However, the prices of tea (9%), mutton (5%) and urad and condiments & spices (1% each) moved up.
The index for 'Non-Food Articles' group declined by 0.1 percent to 281.8(Provisional) from 282.1(Provisional) for the previous week due to lower prices of cotton seed ( 2 %), raw rubber, gingelly seed, rape & mustard seed and linseed (1% each ). However, the prices of fodder (12%) and castor seed, copra and raw jute (1% each) moved up.
FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.05 percent to 365.5 (Provisional) from 365.3 (Provisional) for the previous week due to higher prices of aviation turbine fuel (4 %).
The annual rate of inflation, calculated on point to point basis, stood at 12.08 percent (Provisional) for the week ended 15/05/2010 (over 16/05/2009) as compared to 12.33 percent (Provisional) for the previous week (ended 08/05/2010) and -6.08 percent during the corresponding week (ended16/05/2009) of the previous year.
Build up inflation over the week, financial year end and over the year is as below for some important items.
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