core sector communique

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 10th September, 2011 (19 Bhadrapada, 1933 Saka)



The WPI for the week ended 10th September, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:



PRIMARY ARTICLES (Weight 20.12%)

The index for this major group declined by 0.1 percent to 201.9 (Provisional) from 202.0 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 12.17 percent (Provisional) for the week ended 10/09/2011 (over 11/09/2010) as compared to 13.04 percent (Provisional) for the previous week (ended 03/09/2011).



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



The index for `Food Articles` group rose by 0.2 percent to 195.7 (Provisional) from 195.4 (Provisional) for the previous week due to higher prices of poultry chicken (8%), fish-marine (6%), gram and urad (2% each) and egg, tea, barley, fish-inland, arhar and moong (1% each). However, the prices of maize (4%), jowar and fruits & vegetables (2% each) and bajra, ragi and wheat (1% each) declined.



The index for `Non-Food Articles` group rose by 0.1 percent to 185.4 (Provisional) from 185.2 (Provisional) for the previous week due to higher prices of raw cotton (4%), raw jute (2%) and raw silk, gingelly seed, soyabean, copra (coconut) and groundnut seed (1% each). However, the prices of flowers (16%), castor seed (5%) and linseed and gaur seed (1% each) declined.



The index for `Minerals` group declined by 1.4 percent to 306.3 (Provisional) from 310.8 (Provisional) for the previous week due to lower prices of crude petroleum (3%).



FUEL & POWER (Weight 14.91%)



The index for this major group rose by 0.8 percent to 168.2 (Provisional) from 166.8 (Provisional) for the previous week due to higher prices of electricity (industry) (7%), electricity (agricultural) (6%), electricity (domestic) (4%) and electricity (commercial) and electricity (railway traction) (3% each).



The annual rate of inflation, calculated on point to point basis, stood at 13.96 percent (Provisional) for the week ended 10/09/2011 (over 11/09/2010) as compared to 13.01 percent (Provisional) for the previous week (ended 03/09/2011)