core sector communique

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 25th June, 2011 



The WPI for the week ended 25th June, 2011 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 197.8 (Provisional) from 197.4 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 11.56 percent (Provisional) for the week ended 25/06/2011 (over 26/06/2010) as compared to 11.84 percent (Provisional) for the previous week (ended 18/06/2011).



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



The index for 'Food Articles' group rose by 0.5 percent to 190.8 (Provisional) from 189.8 (Provisional) for the previous week due to higher prices of coffee (21%), mutton (6%), gram and fruits & vegetables (2% each) and jowar and masur (1% each). However, the prices of ragi (3%), tea (2%) and fish-marine, moong, condiments & spices, bajra, egg, urad and barley (1% each) declined.



The index for 'Non-Food Articles' group declined by 0.4 percent to 179.6 (Provisional) from 180.4 (Provisional) for the previous week due to lower prices of raw jute (12%), flowers (8%) and raw rubber (3%). However, the prices of linseed (17%), safflower (6%), gingelly seed (4%), raw silk (3%), fodder (2%) and gaur seed, sunflower and soyabean (1%each) moved up.



The index for 'Minerals' group declined by 0.4 percent to 314.7 (Provisional) from 316.0 (Provisional) for the previous week due to lower prices of crude petroleum (1%).



FUEL & POWER (Weight 14.91%)



The index for this major group rose by 3.8 percent to 166.3 (Provisional) from 160.2 (Provisional) for the previous week due to higher prices of kerosene (18%), lpg (15%) and high speed diesel (9%). However, the prices of bitumen and furnace oil (4% each) and naphtha (3%) declined.



The annual rate of inflation, calculated on point to point basis, stood at 12.67 percent (Provisional) for the week ended 25/06/2011 (over 26/06/2010) as compared to 12.98 percent (Provisional) for the previous week (ended 18/06/2011).