Inflation at 9.08% 

24 November 2011

Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 12th November, 2011 (21 Kartika, 1933 Saka) 

The WPI for the week ended 12th November, 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 0.5 percent to 201.9 (Provisional) from 203.0 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 9.08 percent (Provisional) for the week ended 12/11/2011 (over 13/11/2010) as compared to 10.39 percent (Provisional) for the previous week (ended 05/11/2011). 

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

The index for 'Food Articles' group declined by 0.7 percent to 198.5 (Provisional) from 199.8 (Provisional) for the previous week due to lower prices of poultry chicken (6%), bajra and fruits & vegetables (2% each) and condiments & spices, urad, fish-inland, maize and moong (1% each). However, the prices of masur and coffee (4% each), tea (2%) and barley, ragi, fish-marine, wheat and gram (1% each) moved up.

The index for 'Non-Food Articles' group declined by 0.7 percent to 174.7 (Provisional) from 175.9 (Provisional) for the previous week due to lower prices of raw rubber (9%), gaur seed (3%), sunflower, groundnut seed and raw cotton (2% each) and mesta, copra, coir fibre and castor seed (1% each). However, the prices of flowers (9%), fodder and gingelly seed (3% each), linseed and raw silk (2% each) and raw jute and rape & mustard seed (1% each) moved up.

The index for 'Minerals' group rose by 0.4 percent to 310.5 (Provisional) from 309.2 (Provisional) for the previous week due to higher prices of crude petroleum (1%).

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 171.5 (Provisional) and 15.49 percent (Provisional) for the week ended 12/11/2011 (over 13/11/2010). 

Build up inflation over the week, financial year end and over the year is given in Annexure-I for some important items. Trend of rate of inflation during last six weeks is also given for some important items in Annexure II.