Saturday 28 May 2022
- Advertisement -

WPI inflation -4.95%

New Delhi — The official Wholesale Index for all commodities (base: 2004-05=100) for the month of August 2015 declined by 0.5% to 176.7 (provisional) from 177.5 (provisional) for the previous month.

Inflation

The annual rate of inflation, based on monthly WPI, stood at -4.95% (provisional) for the month of August 2015 (over August 2014) as compared to -4.05% (provisional) for the previous month and 3.85% during the corresponding month of the previous year.

The build-up inflation rate in the so far was 0.34% compared to a build up rate of 3.11% in the corresponding period of the previous year.

Inflation for important commodities and commodity groups is indicated in the tables towards the end of this report.

Primary articles (weight 20.12%)

The index for this major group rose by 1.7% to 251.5 (provisional) from 247.2 (provisional) for the previous month.

The index for food articles group rose by 2.6% to 262.3 (provisional) from 255.7 (provisional) for the previous month due to higher of fruits and vegetables (10%), arhar (6%), gram and urad (3% each), bajra, pork and maize (2% each) and masur, ragi, wheat, barley and condiments and spices (1% each). However, the of poultry chicken (6%), beef and buffalo meat (3%) and moong, tea and jowar (1% each) declined.

The index for non-food articles group rose by 0.8% to 217.4 (provisional) from 215.6 (provisional) for the previous month due to higher of flowers (29%), copra (coconut) (8%), fodder and Niger seed (7% each), safflower (kardi seed) and cotton seed (3% each), castor seed and groundnut seed (2% each) and mesta, sunflower and rape and mustard seed (1% each). However, the of raw silk (12%), gaur seed (11%), raw rubber (8%), soya bean (6%), gingelly seed (sesames) (3%) and linseed and raw cotton (2% each) declined.

The index for minerals group declined by 4.4% to 244.6 (provisional) from 255.9 (provisional) for the previous month due to lower price of phosphorite (9%), crude petroleum (7%), sillimanite and copper ore (5% each) and ore (2 %). However, the price of zinc concentrate (8%) and chromite (2%) moved up.

Fuel and power (weight 14.91%)

The index for this major group declined by 4.5% to 178.7 (provisional) from 187.1 (provisional) for the previous month due to lower price of furnace oil (12%), aviation turbine fuel (11%), high speed diesel (9%), petrol (3%) and bitumen (1%).

Manufactured products (weight 64.97%)

The index for this major group declined by 0.4% to 153.1 (provisional) from 153.7 (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 declined by 0.2% to 171.7 (provisional) from 172.0 (provisional) for the previous month due to lower price of salt (5%), tea dust (not blended) and oil cakes (3% each), soya bean oil, gingelly oil and sugar ( 2 % each) and canned fish, palm oil and sunflower oil (1% each). However, the price of gram powder (besan) (11%), tea leaf (blended) (7%), processed prawn (6%), mixed spices and sooji (rawa) (2% each) and gola (cattle feed) (1%) moved up.

The index for beverages, tobacco and tobacco products group rose by 0.1% to 206.4 (provisional) from 206.1 (provisional) for the previous month due to higher price of dried tobacco and soft drinks and carbonated water (1% each).

The index for textiles group declined by 0.4% to 140.6 (provisional) from 141.2 (provisional) for the previous month due to lower price of woollen textiles (6%) and tyre cord fabric, cotton yarn, man made fibre and cotton fabric (1% each). However, the price of jute sacking cloth and jute sacking bag (4% each), gunny and Hessian cloth (2%) and man made fabric (1%) moved up.

The index for wood and wood products group rose by 0.3% to 198.5 (provisional) from 197.9 (provisional) for the previous month due to higher price of timber and wooden planks (2%).

The index for paper and paper products group rose by 0.7% to 154.7 (provisional) from 153.6 (provisional) for the previous month due to higher price of books/ periodicals/ journals (5%), paper cartons/boxes (2%) and corrugated sheet boxes (1%). However, the price of laminated paper, printing and writing paper and card board (1% each) declined.

The index for leather and leather products group rose by 0.4% to 144.9 (provisional) from 144.3 (provisional) for the previous month due to higher price of leathers (3%).

The index for rubber and plastic products group declined by 0.5% to 148.7 (provisional) from 149.4 (provisional) for the previous month due to lower price of plastic products and rubber products (1% each).

The index for chemicals and chemical products group declined by 0.1% to 151.3 (provisional) from 151.4 (provisional) for the previous month due to lower price of rubber chemicals (3%), adhesive and gum (2%) and agarbattis, polymers, basic organic chemicals and vaccines (1% each). However, the price of ammonium sulphate, hair / body oils and synthetic resin (2% each) and pigment and pigment intermediates, antacid and digestive preparations, turpentine oil, paints and non-cyclic compound (1% each) moved up.

The index for non-metallic mineral products group rose by 0.8% to 175.6 (provisional) from 174.2 (provisional) for the previous month due to higher price of grey cement (2%) and white cement (1%). However, the price of asbestos corrugated sheet (3%), glass bottles and bottleware (2%) and marbles and railway sleeper (1% each) declined.

The index for basic metals, alloys and metal products group declined by 1.9% to 154.1 (provisional) from 157.1 (provisional) for the previous month due to lower price of melting scrap (6%), billets, sheets and wire rods (5% each), silver, sponge iron, angles and pencil ingots (4% each), rounds, pig iron, HRC and CRC (3% each), plates, steel rods, joist and beams, gold and gold ornaments, rebars, GP/GC sheets and castings (2% each) and steel: pipes and tubes, steel castings, metal containers, zinc and aluminium (1% each). However, the price of steel structures (4%) and ferro manganese (1%) moved up.

The index for machinery and machine tools group declined by 0.2% to 134.9 (provisional) from 135.2 (provisional) for the previous month due to lower price of fibre optic cable (4%), electric motors (3%), ball/roller bearing (2%) and electronic pcb /micro circuit, hydraulic equipment, conductor, electrical wires and pvc insulated cable (1% each). However, the price of battery dry cells (3%), heat exchanger and harvester (2% each) and insulators (1%) moved up.

The index for transport, equipment and parts group declined by 0.1% to 137.7 (provisional) from 137.8 (provisional) for the previous month due to lower price of bi-cycles (2%).

Final index for the month of June, 2015 (base year: 2004-05=100)

For the month of June, 2015, the final Wholesale Price Index for all commodities (Base: 2004-05=100) stood at 179.1 as compared to 178.6 (provisional) and annual rate of inflation based on final index stood at -2.13% as compared to -2.40% (provisional) respectively as reported on 14.07.2015.

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

Commodities/ major groups/ groups/ sub-groups Weight WPI August, 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 176.7 0.49 -0.45 3.11 0.34 3.85 -4.95
PRIMARY ARTICLES 20.11815 251.5 1.79 1.74 9.11 5.23 3.69 -3.71
Food Articles 14.33709 262.3 2.55 2.58 13.09 5.21 5.11 -1.13
Cereals 3.37323 233.1 0.59 0.52 2.55 0.87 4.36 -1.65
Rice 1.79348 238.2 0.86 0.21 6.33 1.97 6.61 -3.48
Wheat 1.11595 214.5 0.67 0.75 -3.62 -0.46 0.72 2.05
Pulses 0.71662 326.0 2.09 2.58 4.96 26.45 7.85 36.40
Vegetables 1.73553 294.2 11.80 16.70 88.21 35.70 -5.99 -21.21
Potato 0.20150 179.3 7.94 2.75 92.78 18.58 65.76 -51.71
Onion 0.17794 662.8 -1.84 63.05 64.61 99.34 -44.54 65.29
Fruits 2.10717 242.5 0.00 3.28 13.48 -0.53 21.14 -1.34
Milk 3.23818 250.1 3.07 -0.08 6.48 1.13 12.18 2.08
Egg, Meat and Fish 2.41384 278.7 -1.35 -0.61 -4.56 -3.93 -6.32 3.30
Non-Food Articles 4.25756 217.4 0.78 0.83 0.55 7.31 4.29 -0.69
Fibres 0.87737 203.5 -3.10 -2.21 -5.49 5.22 -9.62 -9.72
Oil Seeds 1.78051 212.8 2.01 0.33 5.46 4.11 12.64 -2.52
Minerals 1.52350 244.6 -1.76 -4.42 -1.24 0.53 -6.19 -28.31
Fuel and Power 14.91021 178.7 -0.28 -4.49 -0.09 -4.95 4.54 -16.50
Liquefied petroleum gas 0.91468 162.1 -0.06 -0.37 -3.11 -0.37 6.07 -5.32
Petrol 1.09015 168.8 -3.23 -3.16 -2.99 2.24 -0.15 -13.26
High speed diesel 4.67020 181.4 0.67 -8.75 3.98 -10.73 11.61 -24.54
MANUFACTURED PRODUCTS 64.97164 153.1 0.06 -0.39 1.23 -0.52 3.65 -1.92
Food Products 9.97396 171.7 0.23 -0.17 3.78 0.94 3.91 -2.17
Sugar 1.73731 158.0 0.36 -1.56 6.43 -9.46 2.57 -19.06
Edible Oils 3.04293 147.9 -0.34 -0.60 -0.48 2.14 -0.21 1.44
Beverages, Tobacco and Tobacco Product 1.76247 206.4 0.85 0.15 3.01 1.57 10.65 2.38
Cotton Textiles 2.60526 157.7 -0.66 -0.57 0.18 0.00 5.09 -4.54
Man Made Textiles 2.20573 133.2 0.44 -0.22 1.93 0.45 5.20 -3.20
Wood and Wood Products 0.58744 198.5 0.11 0.30 -0.80 4.64 4.56 6.78
Paper and Paper Products 2.03350 154.7 0.20 0.72 1.69 1.18 6.53 3.06
Leather and Leather Products 0.83509 144.9 -0.95 0.42 0.34 1.83 2.02 -1.09
Rubber and Plastic Products 2.98697 148.7 0.33 -0.47 0.80 0.27 4.06 -1.59
Chemicals and Chemical Products 12.01770 151.3 0.06 -0.07 0.98 0.27 4.05 -1.82
Non-Metallic Mineral Products 2.55597 175.6 1.00 0.80 2.21 -1.73 3.19 2.57
Cement and Lime 1.38646 170.5 0.66 1.31 2.01 -4.05 -0.48 1.85
Basic Metals Alloys and Metal Product 10.74785 154.1 -0.24 -1.91 -0.54 -4.82 2.33 -7.56
and Semis 1.56301 138.9 -0.93 -3.41 0.19 -6.72 6.06 -12.75
Machinery and Machine Tools 8.93148 134.9 0.00 -0.22 1.13 -0.07 2.82 0.15
Transport Equipment and Parts 5.21282 137.7 -0.07 -0.07 0.15 0.29 1.57 1.25

 

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
August-15 July-15 June-15 May-15 Apr-15 Mar-15
ALL COMMODITIES 100.00 -4.95 -4.05 -2.13 -2.20 -2.43 -2.33
PRIMARY ARTICLES 20.12 -3.71 -3.66 -0.48 -1.05 0.50 -0.17
Food Articles 14.34 -1.13 -1.16 3.12 2.74 5.90 6.27
Cereals 3.37 -1.65 -1.57 -0.39 0.04 0.35 0.00
Rice 1.79 -3.48 -2.86 -1.62 -1.43 -0.04 0.65
Wheat 1.12 2.05 1.96 1.84 2.60 1.65 -1.19
Pulses 0.72 36.40 35.75 36.78 23.10 15.47 13.22
Vegetables 1.74 -21.21 -24.52 -6.82 -4.99 -1.32 9.27
Potato 0.20 -51.71 -49.27 -51.60 -50.71 -41.05 -21.50
Onion 0.18 65.29 -0.49 19.07 22.15 29.97 36.49
Fruits 2.11 -1.34 -4.48 7.60 6.69 15.09 12.56
Milk 3.24 2.08 5.30 5.18 6.89 7.42 7.48
Egg, Meat and Fish 2.41 3.30 2.52 -2.25 -4.04 4.01 2.62
Non-Food Articles 4.26 -0.69 -0.74 1.16 -0.96 -2.90 -6.94
Fibres 0.88 -9.72 -10.53 -11.63 -12.08 -13.77 -18.91
Oil Seeds 1.78 -2.52 -0.89 3.06 -0.64 -1.52 -1.26
Minerals 1.52 -28.31 -26.32 -27.64 -26.50 -28.62 -29.58
FUEL and POWER 14.91 -16.50 -12.81 -8.86 -9.43 -12.98 -12.23
Liquefied petroleum gas 0.91 -5.32 -5.02 -4.85 -4.95 -6.06 -7.92
Petrol 1.09 -13.26 -13.33 -7.10 -9.20 -17.32 -17.70
High speed diesel 4.67 -24.54 -16.75 -9.86 -9.77 -14.99 -12.11
MANUFACTURED PRODUCTS 64.97 -1.92 -1.47 -0.77 -0.52 -0.45 -0.19
Food Products 9.97 -2.17 -1.77 -0.46 -0.29 -1.05 0.59
Sugar 1.74 -19.06 -17.48 -13.26 -11.17 -8.76 -4.85
Edible Oils 3.04 1.44 1.71 2.83 0.82 -1.23 -1.16
Beverages, Tobacco and Tobacco Product 1.76 2.38 3.10 3.99 4.20 2.94 3.83
Cotton Textiles 2.61 -4.54 -4.63 -4.96 -5.38 -4.77 -4.37
Man Made Textiles 2.21 -3.20 -2.55 -1.03 -0.81 -1.71 -1.78
Wood and Wood Products 0.59 6.78 6.57 5.24 5.14 1.69 1.23
Paper and Paper Products 2.03 3.06 2.54 2.54 2.61 2.74 3.59
Leather and Leather Products 0.84 -1.09 -2.43 -0.96 -0.14 -1.45 -2.53
Rubber and Plastic Products 2.99 -1.59 -0.80 -0.33 -0.47 -1.07 -1.07
Chemicals and Chemical Products 12.02 -1.82 -1.69 -1.17 -1.18 -1.37 -1.11
Non-Metallic Mineral Products 2.56 2.57 2.77 4.62 4.88 6.96 6.69
Cement and Lime 1.39 1.85 1.20 4.95 5.19 7.68 8.29
Basic Metals Alloys and Metal Product 10.75 -7.56 -5.98 -4.91 -4.01 -3.06 -3.40
and Semis 1.56 -12.75 -10.52 -9.67 -7.91 -5.66 -6.29
Machinery and Machine Tools 8.93 0.15 0.37 0.52 0.90 1.05 1.35
Transport Equipment and Parts 5.21 1.25 1.25 1.18 1.40 1.33 1.10

 

Contribute to our cause

Contribute to the nation's cause

Sirf News needs to recruit journalists in large numbers to increase the volume of its reports and articles to at least 100 a day, which will make us mainstream, which is necessary to challenge the anti-India discourse by established media houses. Besides there are monthly liabilities like the subscription fees of news agencies, the cost of a dedicated server, office maintenance, marketing expenses, etc. Donation is our only source of income. Please serve the cause of the nation by donating generously.

Join Sirf News on

and/or

Similar Articles

Comments

Scan to donate

Swadharma QR Code
Advertisment
Sirf News Facebook Page QR Code
Facebook page of Sirf News: Scan to like and follow

Most Popular

[prisna-google-website-translator]
%d bloggers like this: