The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 8th November, 2008 declined by 0.2 percent to 235.0 (Provisional) from 235.5 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 8.90 percent (Provisional) for the week ended 08/11/2008 (over 10/11/2007) as compared to 8.98 percent (Provisional) for the previous week (ended 01/11/2008) and 3.20 percent during the corresponding week (ended10/11/2007) of the previous year.
The movement of the index for the various commodity groups is summarized below:-
1. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.4 percent to 250.0 (Provisional) from 249.0 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Articles' group rose by 0.1 percent to 244.3 (Provisional) from 244.1 (Provisional) for the previous week due to higher prices of fruits & vegetables, masur, arhar, barley, gram and bajra (1% each). However, the prices of jowar (7%), tea (6%) and maize (3%) declined.
The index for 'Non-Food Articles' group rose by 1.1 percent to 235.7 (Provisional) from 233.1 (Provisional) for the previous week due to higher prices of logs & timber (36%), raw silk (13%) and groundnut seed (1%). However, the prices of raw rubber (2%) and linseed, raw cotton and rape & mustard seed (1% each) declined.
The index for 'Minerals' group rose by 0.7 percent to 610.1 (Provisional) from 606.0 (Provisional) for the previous week due to higher prices of phosphorite (48%), barytes (42%), steatite (4%) and fluorite (1%). However, the prices of gypsum (31%) and fire clay (14%) declined.
The annual rate of inflation, calculate4d on point-to-point basis, for ‘Primary Articles’ stood at 11.66 percent (Provisional) for the week ended 08/11/2008 as compared to 11.01 percent (Provisional) in the previous week. It was 4.33 percent as on 10/11/2007 i.e., a year ago.
The annual rate of inflation for ‘Food Articles’ stood at 9.31 percent (Provisional) for the week ended 08/11/2008 as compared to 9.07 percent (Provisional) in the previous week. It was 2.34 percent as on 10/11/2007 i.e. a year ago.
2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group declined by 0.9 percent to 353.3 (Provisional) from 356.6 (Provisional) for the previous week due to lower prices of light diesel oil (11%), furnace oil (9%), aviation turbine fuel (5%) and naphtha (4%). However, the prices of bitumen (1%) moved up.
3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group declined by 0.2 percent to 203.4 (Provisional) from 203.8 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Products' group declined by 0.4 percent to 201.9 (Provisional) from 202.7 (Provisional) for the previous week due to lower prices of oil cakes and imported edible oil (2% each) and gur, rice bran oil and groundnut oil (1% each).
The index for 'Textiles' group rose by 0.5 percent to 140.4 (Provisional) from 139.7 (Provisional) for the previous week due to higher prices of miscellaneous cotton cloth (6%), cotton yarn-cones (4%) and cotton yarn-'hanks (1%). However, the prices of texturised yarn (7%) and hessian & sacking bags, polyster staple fibre and hessian cloth (2% each) declined.
The index for 'Rubber & Plastic Products' group declined by 0.3 percent to 168.6 (Provisional) from 169.1 (Provisional) for the previous week due to lower prices of pvc pipes & tubings (2%).
The index for 'Chemicals & Chemical Products' group declined by 0.6 percent to223.2 (Provisional) from 224.6 (Provisional) for the previous week due to lower prices of benzene (34%), p.v.c. resins (15%) and purified terephthalic acid (pta) (11%). However, the prices of bopp film (2%) moved up.
The index for 'Basic Metals Alloys & Metal Products' group declined by 0.4 percent to 285.7 (Provisional) from 286.8 (Provisional) for the previous week due to lower prices of bright bars (7%), zinc ingots (3%) and lead ingots and bars & rods (2% each). However, the prices of ferro-manganese (1%) moved up.
The index for 'Machinery & Machine Tools' group rose by 0.1 percent to 176.6 (Provisional) from 176.5 (Provisional) for the previous week due to higher prices of fluorescent tubes (12%) and gls lamps (4%).
The index for 'Transport Equipment & Parts' group rose by 0.1 percent to 176.8 (Provisional) from 176.6 (Provisional) for the previous week due to higher prices of bicycles (2%).
4. FINAL INDEX FOR THE WEEK ENDED 13th September 2008
For the week ended 13/09/2008 , the final wholesale price index for 'All Commodities’ (Base:1993-94=100) stood at 241.7 as compared to 241.1 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 12.42 percent as compared to 12.14 percent (Provisional) reported earlier vide press note dated 26/09/2008.
The annual rate of inflation, calculated on point to point basis, stood at 8.90 percent (Provisional) for the week ended 08/11/2008 (over 10/11/2007) as compared to 8.98 percent (Provisional) for the previous week (ended 01/11/2008) and 3.20 percent during the corresponding week (ended10/11/2007) of the previous year.
The movement of the index for the various commodity groups is summarized below:-
1. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.4 percent to 250.0 (Provisional) from 249.0 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Articles' group rose by 0.1 percent to 244.3 (Provisional) from 244.1 (Provisional) for the previous week due to higher prices of fruits & vegetables, masur, arhar, barley, gram and bajra (1% each). However, the prices of jowar (7%), tea (6%) and maize (3%) declined.
The index for 'Non-Food Articles' group rose by 1.1 percent to 235.7 (Provisional) from 233.1 (Provisional) for the previous week due to higher prices of logs & timber (36%), raw silk (13%) and groundnut seed (1%). However, the prices of raw rubber (2%) and linseed, raw cotton and rape & mustard seed (1% each) declined.
The index for 'Minerals' group rose by 0.7 percent to 610.1 (Provisional) from 606.0 (Provisional) for the previous week due to higher prices of phosphorite (48%), barytes (42%), steatite (4%) and fluorite (1%). However, the prices of gypsum (31%) and fire clay (14%) declined.
The annual rate of inflation, calculate4d on point-to-point basis, for ‘Primary Articles’ stood at 11.66 percent (Provisional) for the week ended 08/11/2008 as compared to 11.01 percent (Provisional) in the previous week. It was 4.33 percent as on 10/11/2007 i.e., a year ago.
The annual rate of inflation for ‘Food Articles’ stood at 9.31 percent (Provisional) for the week ended 08/11/2008 as compared to 9.07 percent (Provisional) in the previous week. It was 2.34 percent as on 10/11/2007 i.e. a year ago.
2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group declined by 0.9 percent to 353.3 (Provisional) from 356.6 (Provisional) for the previous week due to lower prices of light diesel oil (11%), furnace oil (9%), aviation turbine fuel (5%) and naphtha (4%). However, the prices of bitumen (1%) moved up.
3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group declined by 0.2 percent to 203.4 (Provisional) from 203.8 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Products' group declined by 0.4 percent to 201.9 (Provisional) from 202.7 (Provisional) for the previous week due to lower prices of oil cakes and imported edible oil (2% each) and gur, rice bran oil and groundnut oil (1% each).
The index for 'Textiles' group rose by 0.5 percent to 140.4 (Provisional) from 139.7 (Provisional) for the previous week due to higher prices of miscellaneous cotton cloth (6%), cotton yarn-cones (4%) and cotton yarn-'hanks (1%). However, the prices of texturised yarn (7%) and hessian & sacking bags, polyster staple fibre and hessian cloth (2% each) declined.
The index for 'Rubber & Plastic Products' group declined by 0.3 percent to 168.6 (Provisional) from 169.1 (Provisional) for the previous week due to lower prices of pvc pipes & tubings (2%).
The index for 'Chemicals & Chemical Products' group declined by 0.6 percent to223.2 (Provisional) from 224.6 (Provisional) for the previous week due to lower prices of benzene (34%), p.v.c. resins (15%) and purified terephthalic acid (pta) (11%). However, the prices of bopp film (2%) moved up.
The index for 'Basic Metals Alloys & Metal Products' group declined by 0.4 percent to 285.7 (Provisional) from 286.8 (Provisional) for the previous week due to lower prices of bright bars (7%), zinc ingots (3%) and lead ingots and bars & rods (2% each). However, the prices of ferro-manganese (1%) moved up.
The index for 'Machinery & Machine Tools' group rose by 0.1 percent to 176.6 (Provisional) from 176.5 (Provisional) for the previous week due to higher prices of fluorescent tubes (12%) and gls lamps (4%).
The index for 'Transport Equipment & Parts' group rose by 0.1 percent to 176.8 (Provisional) from 176.6 (Provisional) for the previous week due to higher prices of bicycles (2%).
4. FINAL INDEX FOR THE WEEK ENDED 13th September 2008
For the week ended 13/09/2008 , the final wholesale price index for 'All Commodities’ (Base:1993-94=100) stood at 241.7 as compared to 241.1 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 12.42 percent as compared to 12.14 percent (Provisional) reported earlier vide press note dated 26/09/2008.
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