Thursday, December 22, 2011

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 10th December, 2011 (19 Agrahayana, 1933 Saka)

The WPI for the week ended 10th December, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

PRIMARY ARTICLES (Weight 20.12%)

The index for this major group declined by 0.2 percent to 197.7 (Provisional) from 198.1 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 3.78 percent (Provisional) for the week ended 10/12/2011 (over 11/12/2010) as compared to 5.48 percent (Provisional) for the previous week (ended 03/12/2011).

The groups and items for which the index showed variations during the week are as follows:-

The index for 'Food Articles' group declined by 0.5 percent to 191.0 (Provisional) from 191.9 (Provisional) for the previous week due to lower prices of fruits & vegetables and condiments & spices (2% each) and ragi, tea and rice (1% each). However, the prices of jowar, gram and masur (2% each) and fish-inland, poultry chicken and fish-marine (1% each) moved up.

The index for 'Non-Food Articles' group declined by 0.6 percent to 177.4 (Provisional) from 178.4 (Provisional) for the previous week due to lower prices of flowers (13%), cotton seed (7%), sunflower (4%) and coir fibre, copra and gingelly seed (2% each). However, the prices of gaur seed (5 %), soyabean (4%), raw silk (2%) and linseed, raw rubber, castor seed, rape & mustard seed and groundnut seed (1% each) moved up.

The index for 'Minerals' group rose by 1.9 percent to 317.1 (Provisional) from 311.1 (Provisional) for the previous week due to higher prices of crude petroleum (4%).

FUEL & POWER (Weight 14.91%)

The index and annual rate of inflation calculated on point to point basis remained unchanged at their previous week’s level of 172.4 (Provisional) and 15.24 percent (Provisional) for the week ended 10/12/2011 (over 11/12/2010).

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