Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of June, 2015



Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of June, 2015

The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) for the month of June, 2015 rose by 0.5 percent to 178.6 (provisional) from 177.7 (provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at -2.40% (provisional) for the month of June, 2015 (over June, 2014) as compared to -2.36% (provisional) for the previous month and 5.66% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.42% compared to a build up rate of 1.50% in the corresponding period of the previous year.

Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II.
The movement of the index for the various commodity groups is summarized below:-

PRIMARY ARTICLES (Weight 20.12%)

The index for this major group rose by 1.4 percent to 248.4 (provisional) from 244.9 (provisional) for the previous month.  The groups and items which showed variations during the month are as follows:-

The index for ‘Food Articles’ group rose by 1.3 percent to 257.3 (provisional) from 253.9  (provisional) for the previous month due to higher price of arhar (11%), poultry chicken, masur, urad and gram (9% each),  tea (7%), moong and egg (6 % each), condiments & spices and fruits & vegetables (4% each), fish-marine (3%), maize (2%) and rice and coffee (1% each).
However, the price of fish-inland (13%), barley, bajra and wheat (2% each) and beef & buffalo meat,  jowar and ragi (1% each) declined.

The index for ‘Non-Food Articles’  group rose by 2.2 percent to 218.5 (provisional) from 213.9 (provisional) for the previous month due to higher price of  niger seed (16%), raw jute (15%), sugarcane and gingelly seed (7% each), safflower (kardi seed), raw rubber and groundnut seed (5% each), rape & mustard seed, raw wool, castor seed and cotton seed (4% each), fodder (3%) and sunflower and mesta (1% each).  However, the price of copra (coconut) and soyabean (6% each) and       raw cotton (1%) declined.

The index for  ‘Minerals’  group rose by 0.3 percent to  248.5 (provisional) from 247.7  (provisional) for the previous month due to higher price of sillimanite (17%), crude petroleum (3%), copper ore (2%) and chromite (1%).  However, the price of      manganese ore (8%), magnesite (7%), barytes (6%), iron ore (4%) and zinc concentrate and phosphorite (1% each) declined.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by  0.6 percent to 191.0 (provisional) from 189.8 (provisional) for the previous month due to higher price of aviation turbine fuel (9%), petrol (2%) and kerosene, lignite, high speed diesel and bitumen (1% each).

MANUFACTURED PRODUCTS (Weight 64.97%)

The index for this major group rose by  0.1 percent to 154.2 (provisional) from 154.1  (provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-

The index for ‘Food Products’ group rose by  0.8  percent to 173.1 (provisional) from 171.7 (provisional) for the previous month due to higher price of gram powder (besan) (17%), tea leaf (blended) and tea leaf (unblended) (13% each), mustard & rapeseed oil (6%), oil cakes and cotton seed oil (5% each), gur (4%), groundnut oil (3%), sunflower oil (2%) and      processed prawn, sugar confectionary and ghee (1% each).  However, the price of gingelly oil (6%), mixed spices (5%), bakery products (4%), sugar (3%), khandsari (2%) and sooji (rawa), wheat flour (atta) and maida (1% each) declined.

The index for ‘Beverages, Tobacco & Tobacco Products’ group rose by 1.8 percent to 206.7 (provisional) from 203.0 (provisional) for the previous month due to higher price of cigarette (5%), zarda and beer (2% each) and bidi (1%).  However, the price of rectified spirit (1%) declined.

The index for ‘Textiles’ group rose by 0.6 percent to 140.9 (provisional) from 140.1 (provisional) for the previous month due to higher price of gunny and hessian cloth and man made fibre (3% each) and man made fabric and cotton fabric (1% each). However, the price of tyre cord fabric (4%), jute yarn (3%) and jute sacking cloth (1%) declined.

The index for ‘Wood & Wood Products’ group rose by 1.8 percent to 196.3 (provisional) from 192.9 (provisional) for the previous month due to higher price of plywood & fibre board (4%).

The index for ‘Paper & Paper Products’ group rose by 0.1 percent to 152.9 (provisional) from 152.8 (provisional) for the previous month due to higher price of kraft  paper & bags (1%).  However, the price of newsprint (4%) declined.

The index for ‘Leather & Leather Products’ group rose by 1.3 percent to 145.3 (provisional) from 143.5 (provisional) for the previous month due to higher price of leathers (4%) and leather footwear (1%).

The index for ‘Rubber & Plastic Products’ group rose by  0.4  percent to 149.4 (provisional) from 148.8 (provisional) for the previous month due to higher price of plastic products and tubes (1% each).

The index for ‘Chemicals & Chemical Products’ group rose by 0.3 percent to 151.4 (provisional) from 150.9 (provisional) for the previous month due to higher price of non-cyclic compound (6%) and vitamins, washing soap, rubber chemicals,     washing powder, organic manure, basic inorganic chemicals and toilet soap (1% each).  However, the price of      ammonium sulphate (5%), antacid and digestive preparations (4%) and paints and turpentine oil (1% each) declined.

The index for ‘Non-Metallic Mineral Products’ group declined by 0.6 percent to 175.8 (provisional) from 176.9 (provisional) for the previous month due to lower price of marbles (6%), slag  cement (4%) and bricks & tiles and glass bottles & bottleware (1% each).  However, the price of railway sleeper (2%) moved up.

The index for ‘Basic Metals, Alloys & Metal Products’ group declined by 1.9 percent to 158.7 (provisional) from 161.8 (provisional) for the previous month due to lower price of copper products (other than wire) (13%), steel rods (12%),     ferro manganese (4%), wire rods, HRC, pig iron and CRC (3% each), aluminium, melting scrap, billets, rounds, angles,     sponge iron, iron castings, plates and silver (2% each) and pencil  ingots, sheets, ferro chrome, nuts/bolts/screw/ washers,     gp/gc sheets, rebars, steel castings, joist & beams and steel: pipes & tubes (1% each).

The index for ‘Machinery & Machine Tools’ group rose by  0.1 percent to 135.0 (provisional) from 134.9 (provisional) for the previous month due to higher price of industrial furnaces (4%), insulators (3%) and t.v.sets, pvc insulated cable and ball/roller bearing (1% each).  However, the price of electric switch gears and fibre optic cable (2% each) and electric motors (1%) declined.

The index for ‘Transport, Equipment & Parts’ group rose by  0.1 percent to 137.7 (provisional) from 137.6 (provisional) for the previous month due to higher price of bi-cycles (2%) and railway brake gear (1%).  However, the price of shafts (all kinds) (2%) and railway  axle & wheel (1%) declined.

FINAL INDEX FOR THE MONTH OF APRIL, 2015 (BASE YEAR: 2004-05=100)

For the month of April, 2015, the final Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) stood at 176.4 as compared to 176.0 (provisional) and annual rate of inflation based on final index stood at -2.43 percent as compared to -2.65 percent (provisional) respectively as reported on 14.05.2015.


Next date of press release: 14/08/2015 for the month of July, 2015
Office of Economic Adviser, Ministry of Commerce & Industry, New Delhi,
This press release is available at our home pagehttp://eaindustry.nic.in

Annexure-I
Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100)
 Next date of press release: 14/08/2015 for the month of July, 2015
Office of Economic Adviser, Ministry of Commerce & Industry, New Delhi,
This press release is available at our home pagehttp://eaindustry.nic.in


Annexure-I
Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100)






Month of June, 2015
Commodities/Major Groups/Groups/Sub-Groups
Weight
WPI June, 2015
Latest month over month
Build up from March
Year on year
2014-15
2015-16
2014-15
2015-16
2014-15
2015-16
ALL COMMODITIES
100.00000
178.6
0.55
0.51
1.50
1.42
5.66
-2.40
PRIMARY ARTICLES
20.11815
248.4
1.42
1.43
4.55
3.93
7.01
-0.76
Food Articles
14.33709
257.3
2.25
1.34
6.61
3.21
8.32
2.88
Cereals
3.37323
230.9
0.65
0.35
0.35
-0.09
5.60
-0.43
Rice
1.79348
236.9
1.39
1.41
3.88
1.41
10.24
-1.74
Wheat
1.11595
210.4
-0.34
-1.45
-5.09
-2.37
0.88
1.64
Pulses
0.71662
308.9
-0.04
8.77
1.49
19.82
0.61
33.67
Vegetables
1.73553
253.6
15.34
13.47
37.55
16.97
-5.44
-7.07
Potato
0.20150
148.7
10.54
9.50
62.20
-1.65
46.46
-52.40
Onion
0.17794
356.1
15.90
14.10
23.32
7.10
-11.41
18.54
Fruits
2.10717
245.9
-2.47
-3.53
5.63
0.86
22.42
7.47
Milk
3.23818
249.9
1.71
0.12
3.26
1.05
10.82
5.18
Egg, Meat & Fish
2.41384
286.3
1.14
-1.99
3.61
-1.31
10.20
-2.25
Non-Food Articles
4.25756
218.5
-1.19
2.15
-0.69
7.85
3.40
1.06
Fibres
0.87737
210.4
-0.46
0.53
-0.84
8.79
3.55
-11.04
Oil Seeds
1.78051
217.6
-2.53
1.02
2.46
6.46
4.79
2.59
Minerals
1.52350
248.5
0.29
0.32
0.43
2.14
4.87
-28.39
FUEL & POWER
14.91021
191.0
0.09
0.63
-0.89
1.60
9.04
-10.03
Liquefied petroleum gas
0.91468
163.0
-0.41
0.06
-3.17
0.18
6.74
-4.73
Petrol
1.09015
176.8
0.05
1.84
-2.39
7.09
9.02
-9.70
High speed diesel
4.67020
207.3
1.25
0.97
1.73
2.02
13.62
-11.86
MANUFACTURED PRODUCTS
64.97164
154.2
0.19
0.06
0.78
0.19
3.95
-0.77
Food Products
9.97396
173.1
0.29
0.82
2.48
1.76
3.34
-0.12
Sugar
1.73731
167.4
0.11
-3.01
3.60
-4.07
-0.68
-11.89
Edible Oils
3.04293
149.2
-0.55
1.98
-0.96
3.04
-0.75
2.83
Beverages, Tobacco & Tobacco Product
1.76247
206.7
0.25
1.82
1.23
1.72
9.03
4.34
Cotton Textiles
2.60526
157.3
-0.06
0.32
1.39
-0.25
8.57
-5.92
Man Made Textiles
2.20573
134.4
0.15
2.52
0.22
1.36
5.54
-0.67
Wood & Wood Products
0.58744
196.3
0.00
1.76
-0.27
3.48
6.50
5.03
Paper & Paper Products
2.03350
152.9
0.07
0.07
1.29
0.00
6.41
2.27
Leather & Leather Products
0.83509
145.3
1.04
1.25
-0.14
2.11
3.99
-0.34
Rubber & Plastic Products
2.98697
149.4
0.20
0.40
0.13
0.74
4.75
-0.47
Chemicals & Chemical Products
12.01770
151.4
0.13
0.33
0.46
0.33
4.86
-1.24
Non-Metallic Mineral Products
2.55597
175.8
0.66
-0.62
0.90
-1.62
1.50
4.02
Cement & Lime
1.38646
172.0
1.04
-0.46
0.85
-3.21
-3.05
3.93
Basic Metals Alloys & Metal Product
10.74785
158.7
0.00
-1.92
-0.42
-1.98
2.71
-4.91
Iron & Semis
1.56301
145.8
0.50
-1.62
1.51
-2.08
5.70
-9.61
Machinery & Machine Tools
8.93148
135.0
0.52
0.07
0.98
0.00
2.91
0.37
Transport Equipment & Parts
5.21282
137.7
0.22
0.07
0.22
0.29
2.48
1.18



Trend of Rate of Inflation for some important items during last six months








Commodities/Major Groups/Groups/Sub-Groups
Weight (%)
Rate of Inflation for the last six months
June-15
May-15
Apr-15
Mar-15
Feb-15
Jan-15
100.00
-2.40
-2.36
-2.43
-2.33
-2.17
-0.95
PRIMARY ARTICLES
20.12
-0.76
-0.77
0.50
-0.17
1.01
1.38
Food Articles
14.34
2.88
3.80
5.90
6.27
7.83
8.00
Cereals
3.37
-0.43
-0.13
0.35
0.00
1.13
1.70
Rice
1.79
-1.74
-1.77
-0.04
0.65
3.28
4.00
Wheat
1.12
1.64
2.79
1.65
-1.19
-2.40
-1.63
Pulses
0.72
33.67
22.84
15.47
13.22
14.50
12.56
Vegetables
1.74
-7.07
-5.54
-1.32
9.27
15.28
18.63
Potato
0.20
-52.40
-51.95
-41.05
-21.50
-5.20
-8.01
Onion
0.18
18.54
20.41
29.97
36.49
25.96
-3.34
Fruits
2.11
7.47
8.65
15.09
12.56
16.84
16.95
Milk
3.24
5.18
6.85
7.42
7.48
7.99
9.57
Egg, Meat & Fish
2.41
-2.25
0.86
4.01
2.62
1.59
-1.26
Non-Food Articles
4.26
1.06
-2.24
-2.90
-6.94
-5.64
-4.16
Fibres
0.88
-11.04
-11.91
-13.77
-18.91
-22.69
-19.06
Oil Seeds
1.78
2.59
-1.01
-1.52
-1.26
-0.20
0.54
Minerals
1.52
-28.39
-28.41
-28.62
-29.58
-29.55
-30.42
FUEL & POWER
14.91
-10.03
-10.51
-12.98
-12.23
-14.77
-11.02
Liquefied petroleum gas
0.91
-4.73
-5.18
-6.06
-7.92
-8.86
-7.65
Petrol
1.09
-9.70
-11.29
-17.32
-17.70
-21.80
-17.43
High speed diesel
4.67
-11.86
-11.62
-14.99
-12.11
-17.59
-11.43
MANUFACTURED PRODUCTS
64.97
-0.77
-0.64
-0.45
-0.19
0.26
1.05
Food Products
9.97
-0.12
-0.64
-1.05
0.59
1.25
2.02
Sugar
1.74
-11.89
-9.06
-8.76
-4.85
-2.20
-1.63
Edible Oils
3.04
2.83
0.27
-1.23
-1.16
-0.82
-0.41
Beverages, Tobacco & Tobacco Product
1.76
4.34
2.73
2.94
3.83
4.06
3.91
Cotton Textiles
2.61
-5.92
-6.28
-4.77
-4.37
-2.47
-0.63
Man Made Textiles
2.21
-0.67
-2.96
-1.71
-1.78
-1.71
-1.49
Wood & Wood Products
0.59
5.03
3.21
1.69
1.23
2.99
4.24
Paper & Paper Products
2.03
2.27
2.28
2.74
3.59
3.56
3.70
Leather & Leather Products
0.84
-0.34
-0.55
-1.45
-2.53
-2.34
-1.25
Rubber & Plastic Products
2.99
-0.47
-0.67
-1.07
-1.07
-0.74
0.13
Chemicals & Chemical Products
12.02
-1.24
-1.44
-1.37
-1.11
-0.79
0.46
Non-Metallic Mineral Products
2.56
4.02
5.36
6.96
6.69
5.26
5.23
Cement & Lime
1.39
3.93
5.49
7.68
8.29
5.20
4.44
Basic Metals Alloys & Metal Product
10.75
-4.91
-3.06
-3.06
-3.40
-2.21
-0.96
Iron & Semis
1.56
-9.61
-7.66
-5.66
-6.29
-5.02
-2.42
Machinery & Machine Tools
8.93
0.37
0.82
1.05
1.35
1.81
2.19
Transport Equipment & Parts
5.21
1.18
1.33
1.33
1.10
0.96
0.81



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