core sector communique

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 30th July, 2011 (08 Shravana, 1933 Saka)




The WPI for the week ended 30th July, 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 1.2 percent to 199.3 (Provisional) from 196.9 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 12.22 percent (Provisional) for the week ended 30/07/2011 (over 31/07/2010) as compared to 10.99 percent (Provisional) for the previous week (ended 23/07/2011).



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



The index for `Food Articles` group rose by 1.6 percent to 195.3 (Provisional) from 192.2 (Provisional) for the previous week due to higher prices of fish-inland (17%), poultry chicken and fish-marine (4% each), ragi and fruits & vegetables (2% each) and rice, coffee and gram (1% each). However, the prices of egg, mutton, urad and arhar (1% each) declined.



The index for `Non-Food Articles` group rose by 0.5 percent to 175.8 (Provisional) from 174.9 (Provisional) for the previous week due to higher prices of gaur seed and coir fibre (7% each), soyabean (5%), castor seed and gingelly seed (4% each), niger seed (3%), sunflower and rape & mustard seed (2% each) and copra, cotton seed and raw cotton (1% each). However, the prices of raw silk (6%), flowers (5%), raw jute and raw rubber (2% each) and groundnut seed and linseed (1% each) declined.



FUEL & POWER (Weight 14.91%)



The index for this major group rose by 0.1 percent to 165.7 (Provisional) from 165.6 (Provisional) for the previous week due to higher prices of lubricants (2%).



The annual rate of inflation, calculated on point to point basis, stood at 12.19 percent (Provisional) for the week ended 30/07/2011 (over 31/07/2010) as compared to 12.12 percent (Provisional) for the previous week (ended 23/07/2011).