Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2015
Index Numbers of
Wholesale Price in India (Base: 2004-05=100)
Review for the month of September, 2015
Review for the month of September, 2015
The official Wholesale Price Index for ‘All Commodities’
(Base: 2004-05=100) for the month of September, 2015
declined by 0.1 percent to 176.6 (provisional) from 176.7 (provisional) for the
previous month.
INFLATION
The annual rate of inflation, based on monthly WPI, stood
at -4.54% (provisional) for the month of September, 2015 (over September, 2014)
as compared to -4.95% (provisional) for the previous month and 2.38% during the
corresponding month of the previous year. Build up inflation rate in the
financial year so far was 0.28% compared to a build up rate of 2.61% 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 0.4 percent to
252.4 (provisional) from 251.5 (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 0.6
percent to 264.0 (provisional) from 262.3 (provisional) for the previous month
due to higher price of arhar (6%), fish-inland (4%), pork, bajra, gram and urad
(2% each) and fruits & vegetables, condiments & spices,
wheat, barley and ragi (1% each). However, the price of poultry chicken
(5%), beef & buffalo meat, tea, fish-marine
and maize (2% each) and egg, jowar and moong (1% each) declined.
The index for 'Non-Food Articles' group rose by 1.3
percent to 220.2 (provisional) from 217.4 (provisional) for the previous month
due to higher price of cotton seed (13%), raw silk (9%), guar seed (4%),
groundnut seed, raw jute and linseed (3% each), sunflower, castor seed and rape
& mustard seed (2% each) and soyabean and fodder (1% each). However,
the price of gingelly seed (9%), raw rubber (4%) and safflower (kardi seed) and
copra (coconut) (3% each) declined.
The index for 'Minerals' group declined by
4.3 percent to 234.1(provisional) from 244.6 (provisional) for the
previous month due to lower price of zinc concentrate (10%), sillimanite and
crude petroleum (9% each), phosphorite (6%),
manganese ore (4%), magnesite and iron ore (3% each). However, the price
of copper ore (9%) and chromite (8%) moved up.
FUEL & POWER (Weight 14.91%)
The index for this major group declined by 1.7 percent to
175.6 (provisional) from 178.7 (provisional) for the previous month due
to lower price of aviation turbine fuel (14%), furnace oil (10%), petrol
(5%), high speed diesel and bitumen (4% each), kerosene (3%) and electricity
(industry) (2%). However, the price of electricity (agricultural) (12%),
electricity (commercial) (3%) and electricity (domestic) (2%) moved up.
MANUFACTURED PRODUCTS (Weight 64.97%)
The index for this major group rose by 0.1 percent to
153.3 (provisional) from 153.1 (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 173.0 (provisional) from 171.7 (provisional) for the previous month due to
higher price of sugar (3%), sunflower oil, oil cakes, tea leaf (unblended) and
mixed spices (2% each) and gur, cotton seed oil,
rice bran oil, mustard & rapeseed oil and groundnut oil (1% each).
However, the price of sugar confectionary (6%), tea dust (blended) and copra
oil (3% each), processed prawn (2%) and palm oil, soyabean oil, bakery
products, khandsari, tea leaf (blended), powder milk and sooji (rawa) (1% each)
declined.
The index for 'Beverages, Tobacco & Tobacco Products'
group declined by 0.1 percent to 206.2 (provisional) from 206.4 (provisional)
for the previous month due to lower price of dried tobacco and soft
drinks & carbonated water (1% each).
The index for 'Textiles' group declined by 0.4 percent to
140.1 (provisional) from 140.6 (provisional) for the previous month due to
lower price of man made fibre, man made fabric and cotton yarn (1% each).
However, the price of jute sacking bag (6%), gunny and hessian
cloth (4%), jute sacking cloth (3%) and jute yarn (2%) moved up.
The index for 'Wood & Wood Products' group declined
by 2.2 percent to 194.2 (provisional) from 198.5 (provisional) for the previous
month due to lower price of plywood & fibre board (5%).
The index for 'Paper & Paper Products' group rose by
0.1 percent to 154.9 (provisional) from 154.7 (provisional) for the previous
month due to higher price of printing and writing paper and paper rolls (1%
each).
The index for 'Leather & Leather Products' group rose
by 0.3 percent to 145.4 (provisional) from 144.9 (provisional) for the previous
month due to higher price of leather footwear (1%).
The index for 'Rubber & Plastic Products' group
declined by 0.5 percent to 148.0 (provisional) from 148.7 (provisional) for the
previous month due to lower price of plastic products (1%).
The index for 'Chemicals & Chemical Products' group
declined by 0.3 percent to 150.8 (provisional) from 151.3 (provisional) for the
previous month due to lower price of rubber chemicals (3%), synthetic resin and
safety matches/ match box (2% each) and non-cyclic compound, antacid and
digestive preparations, thinner and basic organic chemicals (1% each).
However, the price of agarbattis, ayurvedic medicines, pesticides, lacquer
& varnishes, pigment & pigment intermediates, explosives and ammonium
sulphate (1% each) moved up
The index for 'Non-Metallic Mineral Products' group rose
by 0.8 percent to 177.0 (provisional) from 175.6 (provisional) for the previous
month due to higher price of grey cement (2%) and polished granite and
slag cement (1% each). However, the price of marbles (6%) declined.
The index for 'Basic Metals, Alloys & Metal Products'
group rose by 0.5 percent to 154.9 (provisional) from 154.1 (provisional) for
the previous month due to higher price of rounds and wire rods (3% each),
pencil ingots, sheets and plates (2% each) and gold & gold ornaments,
billets, pig iron, steel castings, iron castings, joist & beams, CRC, rebars
and angles (1% each). However, the price of steel
structures (4%), zinc (3%) and ferro chrome, iron & steel wire, steel
rods, ferro manganese, gp/gc sheets, brass, copper /
copper ingots and steel: pipes & tubes (1% each) declined.
The index for 'Transport, Equipment & Parts' group
rose by 0.1 percent to 137.8 (provisional) from 137.7 (provisional) for the
previous month due to higher price of railway brake gear (1%).
However, the price of railway axle & wheel (2%) and
auto rickshaw/tempo/matador (1%) declined.
FINAL INDEX FOR THE MONTH OF JULY, 2015 (BASE YEAR:
2004-05=100)
For the month of July, 2015, the final Wholesale Price
Index for ‘All Commodities’ (Base: 2004-05=100) stood at 177.6 as compared to
177.5 (provisional) and annual rate of inflation based on final index stood at
-4.00 percent as compared to -4.05 percent (provisional) respectively as
reported on 14.08.2015.
Next date of press release: 16/11/2015 for the month of
October, 2015
Office of Economic Adviser, Ministry of Commerce &
Industry, New Delhi,
Click here to see Annexure:
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