Thursday, September 16, 2010

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100)Review for the week ended 4th September, 2010



The WPI [with base year 2004-05] for the week ended 4th September, 2010 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:



PRIMARY ARTICLES (Weight 20.12%)



The index for this major group rose by 0.2 percent to 178.4 (Provisional) from 178.0 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 16.22 percent (Provisional) for the week ended 04/09/2010 (over 05/09/2009) as compared to 15.43 percent (Provisional) for the previous week (ended 28/08/2010).



The groups and items for which the index showed variations during the week are as follows:-



The index for 'Food Articles' group rose by 0.3 percent to 178.4 (Provisional) from 177.8 (Provisional) for the previous week due to higher prices of fish-inland (3%) and fruits & vegetables, urad and condiments & spices (1% each). However, the prices of arhar (5%) and maize, barley and moong (1% each) declined.



The index for 'Non-Food Articles' group rose by 0.1 percent to 153.3 (Provisional) from 153.2 (Provisional) for the previous week due to higher prices of raw silk (13%), raw rubber (3%) and copra (2%). However, the prices of rape & mustard seed (4%), gingelly seed (sesamum) (2%) and castor seed and fodder (1% each) declined.



FUEL & POWER (Weight 14.91%)



The index for this major group declined by 0.4 percent to 147.6(Provisional) from 148.2 (Provisional) for the previous week due to lower prices of aviation turbine fuel (5%) and naphtha, bitumen and furnace oil (2% each). However, the price of light diesel oil (1%) moved up.



The annual rate of inflation, calculated on point to point basis, stood at 11.48 percent (Provisional) for the week ended 04/09/2010 (over 05/09/2009) as compared to 12.61 percent (Provisional) for the previous week (ended 28/08/2010).


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