Thursday, July 8, 2010

 Wholesale Price Indices for Primary Articles and Fuel. Power, Light & Lubricants in India (Base: 1993-94 = 100)Review for the week ended 26th June, 2010 


The WPI for the week ended 26th June, 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 1.4 percent to 306.0 (Provisional) from 301.8 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 16.08 percent (Provisional) for the week ended 26/06/2010 (over 27/06/2009) as compared to 14.75 percent (Provisional) for the previous week (ended 19/06/2010) and 6.85 percent during the corresponding week (ended 27/06/2009) 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 296.0 (Provisional) from 296.3 (Provisional) for the previous week due to lower prices of fruits & vegetables, moong and rice (1% each). However, the prices of maize (5%), bajra (2%) and eggs, mutton, jowar and condiments & spices (1% each) moved up.



The index for 'Non-Food Articles' group rose by 0.2 percent to 287.0 (Provisional) from 286.3 (Provisional) for the previous week due to higher prices of fodder (5%), sunflower (3%), raw silk and raw rubber (2% each) and castor seed, copra and groundnut seed (1% each). However, the prices of niger seed (4%) and cotton seed and rape & mustard seed (1% each) declined.



The index for 'Minerals' group rose by 28.3 percent to 866.2 (Provisional) from 674.9 (Provisional) for the previous week due to higher prices of magnesite (61%), iron ore (38%), steatite (6%) and asbestos (2%). However, the prices of manganese ore (38%), feldspar (5%) and barytes (3%) declined.



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

The index for this major group rose by 4.5 percent to 387.0 (Provisional) from 370.2 (Provisional) for the previous week due to higher prices of kerosene (35%), liquefied petroleum gas (11%), petrol (7%) and high speed diesel oil (5%).



The annual rate of inflation, calculated on point to point basis stood at 18.02 percent (Provisional) for the week (ended 26/06/2010 over 27/06/2009) as compared to 12.90 percent (Provisional) for the previous week (ended 19/06/2010) and (-) 12.42 percent during the corresponding week (ended 27/06/2009) of the previous year.

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