Thursday, October 28, 2010

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 16th October, 2010 (24 Asvina, 1932 Saka)



The WPI [with base year 2004-05] for the week ended 16th October, 2010 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:



PRIMARY ARTICLES (Weight 20.12%)



The index for this major group declined by 0.4 percent to 181.0 (Provisional) from 181.8 (Provisional) for the previous week.



The annual rate of inflation, calculated on point to point basis, stood at 16.62 percent (Provisional) for the week ended 16/10/2010 (over 17/10/2009) as compared to 18.05 percent (Provisional) for the previous week (ended 09/10/2010).



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 179.5 (Provisional) from 180.8 (Provisional) for the previous week due to lower prices of fruits & vegetables (4%) and bajra, jowar, fish-inland, masur and urad (1% each). However, the prices of poultry chicken, arhar and fish-marine (4% each) and barley (3%) moved up.



The index for 'Non-Food Articles' group rose by 0.3 percent to 161.6 (Provisional) from 161.1 (Provisional) for the previous week due to higher prices of copra (7%), raw jute (5%), raw rubber (3%) and raw silk (1%). However, the prices of fodder (3%) and cotton seed and castor seed (1% each) declined.



FUEL & POWER (Weight 14.91%)



The index for this major group rose by 0.4 percent to 148.3 (Provisional) from 147.7 (Provisional) for the previous week due to higher prices of light diesel oil (6%), aviation turbine fuel (3%), naphtha and furnace oil (2% each) and petrol (1%). However, the prices of bitumen (2%) declined.



The annual rate of inflation, calculated on point to point basis, stood at 11.25 percent (Provisional) for the week ended 16/10/2010 (over 17/10/2009) as compared to 11.14 percent (Provisional) for the previous week (ended 09/10/2010).

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