Friday, May 8, 2009

Press Note-:Index Numbers of Wholesale Prices in India (Base: 1993-94=100) Review for the week ended 25th April, 2009


 
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 25th April, 2009 rose by 0.2 percent to 230.7 (Provisional) from 230.2 (Provisional) for the previous week. 

The annual rate of inflation, calculated on point to point basis, stood at 0.70 percent (Provisional) for the week ended 25/04/2009 (over 26/04/2008) as compared to 0.57 percent (Provisional) for the previous week (ended 18/04/2009) and 8.27 percent during the corresponding week (ended 26/04/2008) 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 rose by 0.2 percent to 253.7 (Provisional) from 253.2 (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 0.4 percent to 249.3 (Provisional) from 248.3 (Provisional) for the previous week due to higher prices of tea (7%), bajra (3%), arhar (2%) and milk, wheat, condiments & spices and jowar (1% each). However, the prices of masur (2%) and fruits & vegetables (1%) declined. 

The index for ‘Non-Food Articles' group declined by 0.3 percent to 231.5 (Provisional) from 232.2 (Provisional) for the previous week due to lower prices of raw rubber (3%), raw silk (2%) and groundnut seed and raw cotton (1% each). However, the prices of castor seed and soyabean (3% each) and tobacco and linseed (1% each) moved up. 

2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%) 

The index for this major group remained unchanged at its previous week's level of 323.0 (Provisional) 

3. MANUFACTURED PRODUCTS (Weight 63.75%) 

The index for this major group rose by 0.3 percent to 202.2 (Provisional) from 201.6 (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 rose by 1.3 percent to 228.9 (Provisional) from 226.0 (Provisional) for the previous week due to higher prices of gur and rice bran oil (4% each), skimmed milk powder and oil cakes (3% each), sugar and khandsari (2% each) and ghee and gingelly oil (1% each). 

The index for 'Chemicals & Chemical Products' group rose by 0.3 percent to 214.9 (Provisional) from 214.2 (Provisional) for the previous week due to higher prices of syrup (6%), purified terephthalic acid (pta) and vitamin tablets (5% each), methanol (3%), tablets except vitamin & penicillin (2%) and acid (all kinds) (1%). 

The index for 'Basic Metals Alloys & Metal Products' group declined by 0.1 percent to 255.2 (Provisional) from 255.4 (Provisional) for the previous week due to lower prices of zinc (4%) and zinc ingots and lead ingots (2% each). 

4. FINAL INDEX FOR THE WEEK ENDED 28th February 2009 

For the week ended 28/02/2009, the final wholesale price index for 'All Commodities’ (Base:1993-94=100) stood at 227.8 as compared to 227.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 2.47 percent as compared to 2.43 percent (Provisional) reported earlier

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