Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 17th September, 2011 (26 Bhadrapada, 1933 Saka)
The WPI for the week ended 17th September, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:
PRIMARY ARTICLES (Weight 20.12%)
The index for this major group rose by 0.4 percent to 202.7 (Provisional) from 201.9 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 11.43 percent (Provisional) for the week ended 17/09/2011 (over 18/09/2010) as compared to 12.17 percent (Provisional) for the previous week (ended 10/09/2011).
The groups and items for which the index showed variations during the week are as follows:-
The index for `Food Articles` group rose by 0.8 percent to 197.3 (Provisional) from 195.7 (Provisional) for the previous week due to higher prices of gram (6%), masur, arhar, urad, poultry chicken, condiments & spices and fish-marine (2% each) and fruits & vegetables, maize, jowar and milk (1% each). However, the prices of barley (4%), coffee (3%) and bajra and ragi (2% each) declined.
The index for `Non-Food Articles` group declined by 0.3 percent to 184.8 (Provisional) from 185.4 (Provisional) for the previous week due to lower prices of flowers (15%), soyabean (7%), groundnut seed and raw jute (3% each) and gingelly seed (1%). However, the prices of raw silk (7%), raw cotton (4%), raw rubber (2%) and fodder, mesta, copra (coconut) and linseed (1% each) moved up.
The index for `Minerals` group declined by 0.9 percent to 303.6 (Provisional) from 306.3 (Provisional) for the previous week due to lower prices of copper ore (15%), chromite (10%), bauxite (7%) and barytes (4%). However, the prices of magnesite (14%), zinc concentrate (11%), sillimanite (7%), steatite (6%), dolomite (3%) and iron ore (2%) moved up.
FUEL & POWER (Weight 14.91%)
The index for this major group rose by 0.7 percent to 169.4 (Provisional) from 168.2 (Provisional) for the previous week due to higher prices of petrol (5%), light diesel oil and furnace oil (4% each), naphtha and aviation turbine fuel (3% each) and bitumen (1%). However, the prices of electricity (industry) (5%) declined.
The annual rate of inflation, calculated on point to point basis, stood at 14.69 percent (Provisional) for the week ended 17/09/2011 (over 18/09/2010) as compared to 13.96 percent (Provisional) for the previous week (ended 10/09/2011).
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