PRESS NOTE Index Numbers of Wholesale Prices in India (Base: 1993-94=100) Review for the week ended 20th December, 2008 (29 Agrahayana, 1930 Saka) The official Wholesale Price Index for ‘All Commodities’ (Base: 1993-94 = 100) for the week ended 20th December, 2008 declined by 0.2 percent to 230.2 (Provisional) from 230.7 (Provisional) for the previous week. The annual rate of inflation, calculated on point to point basis, stood at 6.38 percent (Provisional) for the week ended 20/12/2008 (over 22/12/2007) as compared to 6.61 percent (Provisional) for the previous week (ended 13/12/2008) and 3.74 percent during the corresponding week (ended 22/12/2007) of the previous year. The movement of the index for the various commodity groups is summarized below:1. PRIMARY ARTICLES (Weight 22.02%) The index for this major group declined by 0.2 percent to 248.8 (Provisional) from 249.2 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:The index for 'Food Articles' group declined by 0.1 percent to 242.6 (Provisional) from 242.9 (Provisional) for the previous week due to lower prices of tea (3%) and gram, fruits & vegetables, barley, arhar and condiments & spices (1% each). However, the prices of jowar (6%) and maize and bajra (1% each) moved up. The index for 'Non-Food Articles' group declined by 0.1 percent to 236.1 (Provisional) from 236.4 (Provisional) for the previous week due to lower prices of cotton seed (2 %) and castor seed (1%). However, the prices of raw silk (5%) and raw rubber (2%) moved up. The index for 'Minerals' group declined by 0.5 percent to 606.9 (Provisional) from 610.1 (Provisional) for the previous week due to lower prices of chromite (42%), steatite (4%). However, the prices of barytes (38%), fire clay (11%) and asbestos (5%) moved up. The annual rate of inflation, calculated on point-to-point basis, for ‘Primary Articles’ stood at 12.07 percent (Provisional) for the week ended 20/12/2008 as compared to 12.15 percent (Provisional) in the previous week. It was 4.08 percent as on 22/12/2007 i.e. a year ago. The annual rate of inflation for ‘Food Articles’ stood at 10.52 percent (Provisional) for the week ended 20/12/2008 as compared to 10.46 percent (Provisional) in the previous week. It was 2.14 percent as on 22/12/2007 i.e. a year ago. 2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%) The index for this major group declined by 0.5 percent to 330.5 (Provisional) from 332.1 (Provisional) for the previous week due to lower prices of aviation turbine fuel (13%), bitumen (7%), light diesel oil (6%) and furnace oil (3%). 3. MANUFACTURED PRODUCTS (Weight 63.75%) The index for this major group declined by 0.1 percent to 201.4 (Provisional) from 201.7 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:The index for 'Food Products' group rose by 0.2 percent to 199.6 (Provisional) from 199.3 (Provisional) for the previous week due to higher prices of gur (3%) and oil cakes (1%). However, the prices of salt (4%), imported edible oil and rice bran oil (3% each) and cotton seed oil (2%) declined. The index for 'Textiles' group declined by 0.1 percent to 141.2 (Provisional) from 141.4 (Provisional) for the previous week due to lower prices of synthetic yarn (2%). The index for 'Paper & Paper Products' group rose by 0.2 percent to 206.3 (Provisional) from 205.9 (Provisional) for the previous week due to higher prices of news paper (2%). The index for 'Chemicals & Chemical Products' group declined by 0.05 percent to 220.0 (Provisional) from 220.1 (Provisional) for the previous week due to lower prices of acid (all kinds) (2%). However, the prices of caustic soda (sodium hydroxide) (3%) moved up. The index for 'Non-Metallic Mineral Products' group declined by 0.1 percent to 215.6 (Provisional) from 215.9 (Provisional) for the previous week due to marginal decline in the prices of cement. The index for 'Basic Metals Alloys & Metal Products' group declined by 0.7 percent to 277.5 (Provisional) from 279.4 (Provisional) for the previous week due to lower prices of steel sheets, plates & strips (11%), basic pig iron and foundary pig iron (6% each), other iron steel and ms bars & rounds (4% each), zinc and zinc ingots (3% each) and lead ingots (2%). The index for 'Machinery & Machine Tools' group declined by 0.1 percent to 176.9 (Provisional) from 177.0 (Provisional) for the previous week due to lower prices of electric motors (2 %). 4. FINAL INDEX FOR THE WEEK ENDED 25th October, 2008 For the week ended 25/10/2008, the final wholesale price index for ‘All Commodities’ (Base: 1993-94=100) and annual rate of inflation based on final index, calculated on point to point basis remained unaltered at their provisional level of 238.5 and 10.72 respectively reported earlier vide press note dated 07/11/2008. Next date of press release: 09/01/2009 for the week ending 27/12/2008 Office of Economic Adviser, Ministry of Commerce & Industry, New Delhi, 01/01/2009 This press release is available at our home page http://eaindustry.nic.in INDEX NUMBERS OF WHOLESALE PRICES IN INDIA BY GROUPS & SUB-GROUPS (BASE: 1993-94=100) --------------------------------------------------------------------------------------------------------------------- MAJOR GROUP/GROUP & SUB-GROUP | W E E K E N D I N G |% CHANGE |----------------------------------------------| DURING |20.12.2008|13.12.08|22.11.08|25.10.08|22.12.07| THE WEEK | PROVISIONAL | FINAL | ------------------------------------------------------------------------------1. 2. 3. 4. 5. 6. 7. ------------------------------------------------------------------------------ALL COMMODITIES 230.2 230.7 233.7 238.5 216.4 -0.2 I PRIMARY 248.8 249.2 250.5 250.6 222.0 -0.2 ARTICLES (A) Food Articles 242.6 242.9 245.6 244.9 219.5 -0.1 a. Food 238.1 237.1 237.4 237.9 216.3 0.4 Grains(Cereals+Pulsa1. Cereals 234.4 233.1 233.0 234.0 213.9 0.6 a2. Pulses 264.9 266.1 269.8 266.1 233.9 -0.5 b. Fruits & 259.9 262.7 277.5 273.3 220.0 -1.1 Vegetables b1. Vegetables 236.1 241.3 264.8 257.5 194.4 -2.2 b2. Fruits 283.8 284.2 290.3 289.2 245.7 -0.1 c. Milk 229.4 229.4 229.4 229.4 216.1 d. Eggs,Meat & 251.1 251.1 248.5 246.9 233.0 Fish e. Condiments & 271.9 273.3 275.4 275.2 241.6 -0.5 Spices f. Other Food 207.2 210.4 216.2 228.3 154.6 -1.5 Articles (B) Non-Food 236.1 236.4 234.3 236.9 211.6 -0.1 Articles a. Fibres 215.6 216.4 215.0 222.2 179.7 -0.4 b. Oil Seeds 251.5 251.9 246.8 244.5 215.8 -0.2 c. Other Non-Food 231.1 230.8 232.4 238.0 230.7 0.1 Articles (C) Minerals 606.9 610.1 610.1 606.9 433.8 -0.5 a. Metallic 892.0 897.5 897.5 892.0 626.6 -0.6 Minerals b. Other Minerals 156.7 156.2 156.2 156.7 129.3 0.3 II FUEL,POWER, 330.5 332.1 345.0 367.7 332.7 -0.5 LIGHT & LUBRICANTS A. Coal Mining 254.4 254.4 254.4 254.4 251.9 B. Minerals Oil 392.0 395.3 421.4 467.7 400.0 -0.8 C. Electricity 276.5 276.5 276.5 276.5 272.7 III MANUFACTURED 201.4 201.7 203.1 205.5 188.5 -0.1 PRODUCTS (A) Food Products 199.6 199.3 199.8 204.6 192.1 0.2 a. Dairy Products 250.2 250.2 250.0 250.2 236.8 b. Canning, 293.8 293.8 293.8 293.8 293.8 Preserving & Processing of fish c. Grain Mill 243.4 243.4 240.9 240.9 235.5 Products d. Bakery Products 201.3 201.3 201.3 201.3 201.3 Sugar, 169.0 168.9 169.4 169.0 151.3 0.1 Khandsari & Gur f. Manufacture of 266.6 277.4 276.7 276.7 218.3 -3.9 Common Salt g. Cocoa,Chocolate 188.1 188.1 188.1 188.1 188.1 & sugar confectionery --------------------------------------------------------------------------3 N.I.C./I.I.S.D. --------------------------------------------------------------------------1. 2. 3. 4. 5. 6. 7. --------------------------------------------------------------------------h. Edible Oils 180.6 181.2 182.4 186.3 176.5 -0.3 i. Oil Cakes 258.2 255.0 257.1 290.0 271.4 1.3 j. Tea & Coffee 196.7 196.7 196.7 196.7 193.6 Proccessing k. Other Food 241.0 241.0 241.0 241.0 222.9 Products n.e.c (B) Beverages 296.6 296.6 296.6 296.6 273.8 Tobacco & Tobacco Products a. Wine Industries 310.9 310.9 310.9 310.9 310.9 b. Malt liquor 215.7 215.7 215.7 215.7 197.0 c. Soft Drinks & 188.1 188.1 188.1 188.1 188.1 Carbonated Water d. Manufacture of 302.1 302.1 302.1 302.1 271.6 Bidi,Cigarettes,Tobacco & Zarda (C) Textiles 141.2 141.4 141.7 140.9 127.6 -0.1 a. Cotton Textiles 174.5 174.5 174.3 171.2 148.6 a1. Cotton Yarn 174.1 174.1 173.8 169.9 143.3 a2. Cotton Cloth 176.0 176.0 176.0 176.0 167.9 (Mills) b. Man Made 99.3 99.7 100.4 101.7 97.3 -0.4 Textiles b1. Man Made Fibre 96.5 96.9 97.6 99.0 94.7 -0.4 b2. Man Made Cloth 139.4 139.4 139.4 139.4 133.8 c. Woollen 180.2 180.2 180.2 180.2 170.9 Textiles d. Jute Hemp & 234.8 234.8 234.8 234.0 205.5 Mesta Textiles e. Other Misc. 191.8 191.8 191.8 191.8 183.3 Textiles (D) Wood & Wood 237.0 237.0 237.0 237.0 215.9 Products (E) Paper & Paper 206.3 205.9 203.7 205.7 194.8 0.2 Products a. Paper & Pulp 194.1 194.1 191.1 193.8 176.3 b. Manufacture of 167.0 167.0 167.0 167.0 164.8 Boards c. Printing & 248.2 246.9 245.6 246.9 246.3 0.5 Publishing of Newspapers,Periodica(F) Leather & 168.3 168.3 168.3 168.3 167.3 Leather Products (G) Rubber & 168.0 168.0 167.9 168.2 162.1 Plastic Products a. Tyres & Tubes 170.1 170.1 170.1 170.1 162.6 a1. Tyres 151.0 151.0 151.0 151.0 148.8 a2. Tubes 324.4 324.4 324.4 324.4 273.8 b. Plastic 159.1 159.1 158.7 159.5 154.2 Products --------------------------------------------------------------------------4 N.I.C./I.I.S.D. --------------------------------------------------------------------------1. 2. 3. 4. 5. 6. 7. --------------------------------------------------------------------------c. Other Rubber & 202.8 202.8 202.8 202.8 202.8 Plastic Products (H) Chemicals & 220.0 220.1 223.5 224.6 206.9 Chemical Products a. Basic Heavy 234.6 235.0 252.0 252.8 202.5 -0.2 Inorganic Chemicals b. Basic Heavy 145.4 145.4 186.2 202.9 180.8 Organic Chamicals c. Fertilizers & 189.1 189.1 189.1 189.1 173.7 Pesticides c1. Fertilizers 197.1 197.1 197.1 197.1 180.8 c2. Pesticides 126.6 126.6 126.6 126.6 118.5 d. Paints 155.3 155.3 155.3 155.3 146.1 Varnishes & Lacquers e. Dyestuffs & 120.4 120.4 120.4 120.4 112.7 Indigo f. Drugs & 321.5 321.5 321.5 321.5 315.3 Medicines g. Perfumes, 259.2 259.2 259.2 259.2 242.0 Cosmetics, h. Turpentine, 152.7 152.7 153.8 155.8 141.2 Synthetic Resins, Plastic materials i. 163.0 163.0 160.0 163.0 146.2 Matches,Explosives & Other Chemicals (I) Non-Metallic 215.6 215.9 218.3 218.1 210.3 -0.1 Mineral Products a. Structural 223.1 223.1 223.1 222.6 211.7 Clay Products b. 166.4 166.4 166.4 166.4 166.4 Glass,Earthedtnware, Chinaware & their c. Cement 221.4 221.9 225.4 225.1 219.9 -0.2 d. Cement Slate & 215.1 215.1 215.1 215.1 189.7 Graphite Products (J) Basic Metals 277.5 279.4 283.6 294.6 247.0 -0.7 Alloys & Metal Products a. Basic Metals & 297.3 299.8 305.0 319.6 254.4 -0.8 Alloys a1. Iron & Steel 319.9 322.6 328.0 353.7 279.1 -0.8 a2. Foundries for 305.5 305.5 305.5 301.9 242.1 Casting Forging & Structurals a3. Pipes Wires 248.7 252.1 260.1 260.3 210.1 -1.3 Drawing & Others a4. Ferro Alloys 153.7 153.7 153.7 152.9 156.2 b. Non-Ferrous 248.4 248.9 250.4 251.5 256.8 -0.2 Metals --------------------------------------------------------------------------5 N.I.C./I.I.S.D. --------------------------------------------------------------------------1. 2. 3. 4. 5. 6. 7. --------------------------------------------------------------------------b1. Aluminium 250.8 250.8 250.8 250.8 241.4 b2. Other 245.1 246.3 249.8 252.5 278.3 -0.5 Non-Ferrous Metals c. Metal Products 157.4 157.4 157.4 157.4 156.8 (K) Machinery & 176.9 177.0 177.0 176.6 167.4 -0.1 Machine Tools a. Non-Electrical 211.3 211.3 211.3 211.3 200.7 Machinery & Parts a1. Heavy 224.0 224.0 224.0 224.0 208.9 Machinery & Parts a2. Industrial 258.8 258.8 258.8 258.8 260.9 Machinery for Textile etc a3. Refrigeration & 160.6 160.6 160.6 160.6 150.9 Other Non-Electrical Machinery b. Electrical 153.6 153.7 153.7 153.0 144.9 -0.1 Machinery b1. Electrical 171.2 171.3 171.3 168.5 162.4 -0.1 Industrial Machinery b2. Wires & Cables 249.3 249.3 249.3 249.3 231.0 b3. Dry & Wet 177.4 177.4 177.4 177.4 165.0 Batteries b4. Electrical 76.1 76.1 76.1 77.1 73.7 Apparatus & (L) Transport 176.5 176.5 177.3 177.3 170.6 Equipment & Parts a. Locomotives 141.7 141.8 141.8 141.8 135.3 -0.1 Railway Wagons & b. Motor Vehicles, 179.3 179.3 180.1 180.1 173.4 Motorcycles, Scooters, bicycles & ------------------------------------------------------------------------------6 NIC/IISD Ministry of Commerce & Industry (Office of the Economic Adviser) ---------------------------------------------------------------New Delhi, Pausa 11 , 1930 Saka/January 01, 2009. RJ/MRS