Friday, June 11, 2010

Wholesale Price Indices for Primary Articles and Fuel. Power, Light & Lubricants in India (Base: 1993-94 = 100)Review for the week ended 29th May, 2010 (08 Jyaistha, 1932 Saka)
11:45 IST




The WPI for the week ended 29th 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 rose by 0.5 percent to 301.7 (Provisional) from 300.3 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 17.21 percent (Provisional) for the week ended 29/05/2010 (over 30/05/2009) as compared to 16.89 percent (Provisional) for the previous week (ended 22/05/2010) and 5.58 percent during the corresponding week (ended 30/05/2009) 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 rose by 0.4 percent to 296.4 (Provisional) from 295.1 (Provisional) for the previous week due to higher prices of beef & buffalo meat (8%), fish-marine (3%) and urad, fruits & vegetables, arhar and moong (1% each). However, the prices of bajra (1%) declined.



The index for 'Non-Food Articles' group rose by 1.0 percent to 285.7 (Provisional) from 283.0 (Provisional) for the previous week due to higher prices of fodder and raw rubber (6% each), raw cotton (3%), castor seed (2%) and raw silk, groundnut seed and cotton seed (1% each). However, the prices of raw jute (4%), rape & mustard seed (2%) and skins (raw) (1%) declined.



The index for 'Minerals' group declined by 1.3 percent to 674.9 (Provisional) from 684.0 (Provisional) for the previous week due to lower prices of vermiculite (29%), feldspar (8%), iron ore (2%) and magnesite (1%). However, the prices of chromite (28%) and barytes (1%) moved up.



FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)

The index for this major group rose by 0.1 percent to 372.5 (Provisional) from 372.2 (Provisional) for the previous week due to higher prices of lubricants (8%).



The annual rate of inflation, calculated on point to point basis, stood at 14.23 percent (Provisional) for the week ended 29/05/2010 (over 30/05/2009) as compared to 14.14 percent (Provisional) for the previous week (ended 22/05/2010) and -6.08 percent during the corresponding week (ended 30/05/2009) of the previous year.

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