The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 7th March, 2009 declined by 0.4 percent to 226.7 (Provisional) from 227.7 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 0.44 percent (Provisional) for the week ended 07/03/2009 (over 08/03/2008) as compared to 2.43 percent (Provisional) for the previous week (ended 28/02/2009) and 7.78 percent during the corresponding week (ended 08/03/2008) 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 declined by 1.0 percent to 245.5 (Provisional) from 248.1 (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 declined by 0.7 percent to 242.5 (Provisional) from 244.2 (Provisional) for the previous week due to lower prices of gram (5%), tea and fruits & vegetables (3% each), jowar and condiments & spices (2% each) and masur (1%). However, the prices of moong and fish-marine (2% each) moved up
The index for ‘Non-Food Articles’ group declined by 2.1 percent to 223.4 (Provisional) from 228.3 (Provisional) for the previous week due to lower prices of raw cotton and linseed (5% each), rape & mustard seed and groundnut seed (4% each), copra (2%) and gingelly seed and sunflower (1% each). However, the prices of raw rubber (3%) moved up.
2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group declined by 0.8 percent to 321.0 (Provisional) from 323.5 (Provisional) for the previous week due to lower prices of aviation turbine fuel and electricity for agriculture (8% each), light diesel oil (7%) and bitumen (2%). However, the prices of naphtha and furnace oil (3% each) and electricity for domestic, commercial and industry and railway traction (1% each) moved up.
3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group remained unchanged at its previous week's level of 199.2 (Provisional). The groups and items for which the index showed variations during the week are as follows:-
The index for ‘Textiles’ group rose by 0.1 percent to 140.5 (Provisional) from 140.4 (Provisional) for the previous week due to higher prices of hessian & sacking bags and hessian cloth (1% each). However, the prices of woollen yarn (6%) declined.
The index for ‘Paper & Paper Products’ group declined by 0.3 percent to 204.2 (Provisional) from 204.9 (Provisional) for the previous week due to lower prices of newsprint (2%).
The index for ‘Chemicals & Chemical Products’ group declined by 0.2 percent to 214.2 (Provisional) from 214.7 (Provisional) for the previous week due to lower prices of oxygen gas in cylinder (14%), liquid chlorine (3%), acetylene and titanium dioxide (2% each) and acid (all kinds), oxygen, methanol and soda ash (sodium carbonate) (1% each). However, the prices of calcium ammonium nitrate n-content and bopp film (2% each) moved up.
The index for ‘Machinery & Machine Tools’ group rose by 0.1 percent to 172.4 (Provisional) from 172.2 (Provisional) for the previous week due to higher prices of computer & computer based systems (7%). However, the prices of ball bearings (1%) declined.
4. FINAL INDEX FOR THE WEEK ENDED 10th January 2009
For the week ended 10/01/2009, the final wholesale price index for ‘All Commodities’(Base:1993-94=100) stood at 229.7 as compared to 230.0 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 5.46 percent as compared to 5.60 percent (Provisional) reported earlier vide press note dated 23/01/2009
The annual rate of inflation, calculated on point to point basis, stood at 0.44 percent (Provisional) for the week ended 07/03/2009 (over 08/03/2008) as compared to 2.43 percent (Provisional) for the previous week (ended 28/02/2009) and 7.78 percent during the corresponding week (ended 08/03/2008) 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 declined by 1.0 percent to 245.5 (Provisional) from 248.1 (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 declined by 0.7 percent to 242.5 (Provisional) from 244.2 (Provisional) for the previous week due to lower prices of gram (5%), tea and fruits & vegetables (3% each), jowar and condiments & spices (2% each) and masur (1%). However, the prices of moong and fish-marine (2% each) moved up
The index for ‘Non-Food Articles’ group declined by 2.1 percent to 223.4 (Provisional) from 228.3 (Provisional) for the previous week due to lower prices of raw cotton and linseed (5% each), rape & mustard seed and groundnut seed (4% each), copra (2%) and gingelly seed and sunflower (1% each). However, the prices of raw rubber (3%) moved up.
2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group declined by 0.8 percent to 321.0 (Provisional) from 323.5 (Provisional) for the previous week due to lower prices of aviation turbine fuel and electricity for agriculture (8% each), light diesel oil (7%) and bitumen (2%). However, the prices of naphtha and furnace oil (3% each) and electricity for domestic, commercial and industry and railway traction (1% each) moved up.
3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group remained unchanged at its previous week's level of 199.2 (Provisional). The groups and items for which the index showed variations during the week are as follows:-
The index for ‘Textiles’ group rose by 0.1 percent to 140.5 (Provisional) from 140.4 (Provisional) for the previous week due to higher prices of hessian & sacking bags and hessian cloth (1% each). However, the prices of woollen yarn (6%) declined.
The index for ‘Paper & Paper Products’ group declined by 0.3 percent to 204.2 (Provisional) from 204.9 (Provisional) for the previous week due to lower prices of newsprint (2%).
The index for ‘Chemicals & Chemical Products’ group declined by 0.2 percent to 214.2 (Provisional) from 214.7 (Provisional) for the previous week due to lower prices of oxygen gas in cylinder (14%), liquid chlorine (3%), acetylene and titanium dioxide (2% each) and acid (all kinds), oxygen, methanol and soda ash (sodium carbonate) (1% each). However, the prices of calcium ammonium nitrate n-content and bopp film (2% each) moved up.
The index for ‘Machinery & Machine Tools’ group rose by 0.1 percent to 172.4 (Provisional) from 172.2 (Provisional) for the previous week due to higher prices of computer & computer based systems (7%). However, the prices of ball bearings (1%) declined.
4. FINAL INDEX FOR THE WEEK ENDED 10th January 2009
For the week ended 10/01/2009, the final wholesale price index for ‘All Commodities’(Base:1993-94=100) stood at 229.7 as compared to 230.0 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 5.46 percent as compared to 5.60 percent (Provisional) reported earlier vide press note dated 23/01/2009
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