Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of December, 2015
Index Numbers of Wholesale Price in
India (Base: 2004-05=100) Review for the month of December, 2015
The official Wholesale
Price Index for ‘All Commodities’ (Base: 2004-05=100) for the month of
December, 2015 declined by 0.1 percent to 177.4 (provisional) from 177.6
(provisional) for the previous month.
INFLATION
The annual rate of
inflation, based on monthly WPI, stood at -0.73% (provisional) for the month of
December, 2015 (over December, 2014) as compared to -1.99% (provisional) for
the previous month and -0.50% during the corresponding month of the previous
year. Build up inflation rate in the financial year so far was 0.74%
compared to a build up rate of -0.89% 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 0.5 percent to 257.8 (provisional) from 256.5
(provisional). 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 272.7 (provisional) from 271.0
(provisional) for the previous month due to higher price of poultry chicken
(18%), fish-inland (10%), beef & buffalo meat (9%), pork and bajra (4%
each), egg, tea, fish-marine and condiments &
spices (3% each), jowar, urad and barley (2% each) and maize, arhar and wheat
(1 % each). However, the price of moong (7%), masur (5%), fruits &
vegetables (2%) and mutton (1%) declined.
The index for ‘Non-Food
Articles’ group rose by 1.0 percent to 223.9 (provisional) from 221.7
(provisional) for the previous month due to higher price of mesta and flowers
(12% each), raw jute and linseed (5% each), groundnut seed and raw wool (4%
each), niger seed (3%), fodder and raw cotton (2% each) and rape & mustard
seed and sunflower (1% each). However, the price of guar seed (11%),
castor seed and raw rubber (7% each), soyabean and gingelly seed (3% each),
coir fibre (2%) and copra (coconut) and cotton seed (1% each) declined.
The index for
‘Minerals’ group declined by 2.4 percent to 212.3 (provisional) from
217.6 (provisional) for the previous month due to lower price of iron ore
(10%), zinc concentrate (6%) and manganese ore (1%). However, the price
of sillimanite and copper ore (1% each) moved up.
FUEL & POWER (Weight 14.91%)
The index for this major
group declined by 0.6 percent to 176.8 (provisional) from 177.9 (provisional)
for the previous month due to lower prices of furnace oil (10%), bitumen (3%)
and petrol and aviation turbine fuel (1% each). However, the price of LPG
(1%) moved up.
MANUFACTURED PRODUCTS (Weight 64.97%)
The index for this major
group declined by 0.3 percent to 152.6 (provisional) from 153.0 (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 0.3 percent to 175.4 (provisional) from 174.9
(provisional) for the previous month due to higher price of tea dust
(unblended) (7%), gram powder (besan) (6%), cotton seed oil and canned fish (4%
each) and soyabean oil, mixed spices, processed prawn, mustard & rapeseed
oil, sugar, wheat flour (atta), groundnut oil, palm
oil, maida, sugar confectionary, gola (cattle feed) and bakery products (1%
each). However, the price of powder milk (5%), tea leaf (blended) and gur
(3% each), sooji (rawa), oil cakes and sunflower oil (2% each) and gingelly
oil, tea leaf (unblended), copra oil and khandsari (1% each) declined.
The index for ‘Beverages,
Tobacco & Tobacco Products’ group declined by 0.4 percent to 205.2
(provisional) from 206.0 (provisional) for the previous month due to lower
price of bidi (2%). However, the price of zarda (4%) and dried tobacco
(1%) moved up.
The index for ‘Textiles’
group declined by 0.1 percent to 139.7 (provisional) from 139.8 (provisional)
for the previous month due to lower price of man made fabric and cotton yarn
(1% each). However, the price of jute sacking cloth, jute yarn and gunny
and hessian cloth (2% each) and tyre cord fabric, jute sacking bag and cotton
fabric (1% each) moved up.
The index for ‘Wood &
Wood Products’ group declined by 0.7 percent to 196.4 (provisional) from 197.7
(provisional) for the previous month due to lower price of processed wood (1%).
The index for ‘Paper &
Paper Products’ group rose by 0.2 percent to 154.9 (provisional) from 154.6
(provisional) for the previous month due to higher price of paper cartons /
boxes (2%) and books/ periodicals/ journals and newsprint (1% each). However,
the price of corrugated sheet boxes (1%) declined.
The index for ‘Leather
& Leather Products’ group rose by 0.4 percent to 144.4 (provisional) from
143.8 (provisional) for the previous month due to higher price of leather
garments & jackets (2%).
The index for ‘Rubber &
Plastic Products’ group declined by 0.3 percent to 145.8 (provisional) from
146.3 (provisional) for the previous month due to lower price of plastic
products (1%).
The index for ‘Chemicals
& Chemical Products’ group declined by 0.5 percent to 149.9 (provisional)
from 150.6 (provisional) for the previous month due to lower price of
antibiotics (3%), hair / body oils and non-cyclic compound (2% each) and
pesticides, polymers, urea, rubber chemicals, photographic goods and explosives
(1% each). However, the price of synthetic resin (2%) and pigment &
pigment intermediates and safety matches/ match box (1% each) moved up.
The index for ‘Non-Metallic
Mineral Products’ group rose by 0.3 percent to 177.5 (provisional) from 176.9
(provisional) for the previous month due to higher price of polished granite
(2%) and bricks & tiles (1%). However, the price of marbles (3%)
declined.
The index for ‘Basic
Metals, Alloys & Metal Products’ group declined by 1.2 percent to 150.3
(provisional) from 152.2 (provisional) for the previous month due to lower
price of pig iron, angles, plates and melting scrap (4% each), HRC,
pencil ingots and CRC (3% each), joist & beams, gp/gc sheets,
billets, rounds, ferro silicon and steel: pipes & tubes (2% each) and
sponge iron, rebars, wire rods, steel rods, copper / copper ingots and steel
castings (1% each). However, the price of zinc (5%) and sheets, ferro
chrome and ferro manganese (1% each) moved up.
The index for ‘Transport,
Equipment & Parts’ group rose by 0.1 percent to 138.0 (provisional) from
137.9 (provisional) for the previous month due to higher price of auto rickshaw
/ tempo/matador (3%).
FINAL INDEX FOR THE MONTH
OF OCTOBER, 2015 (BASE YEAR: 2004-05=100)
For the month of October,
2015, the final Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100)
stood at 176.9 as compared to 176.7 (provisional) and annual rate of inflation
based on final index stood at -3.70 percent as compared to
-3.81 percent (provisional) respectively as reported on
16.11.2015.
Next date of press release:
15/02/2016 for the month of January, 2015
Office of Economic Adviser,
Ministry of Commerce & Industry, New Delhi,
Annexure-I
Wholesale Price Index and
Rates of Inflation (Base Year: 2004-05=100)
|
|
|
|
|
|
Month of December, 2015
|
||||
|
Commodities/Major Groups/Groups/Sub-Groups
|
Weight
|
WPI Dec- 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
|
177.4
|
-1.38
|
-0.11
|
-0.89
|
0.74
|
-0.50
|
-0.73
|
|
|
PRIMARY ARTICLES
|
20.11815
|
257.8
|
-2.55
|
0.51
|
2.09
|
7.87
|
0.29
|
5.48
|
|
|
Food Articles
|
14.33709
|
272.7
|
-2.14
|
0.63
|
7.46
|
9.39
|
4.95
|
8.17
|
|
|
Cereals
|
3.37323
|
237.1
|
-0.72
|
0.42
|
0.95
|
2.60
|
1.35
|
1.63
|
|
|
Rice
|
1.79348
|
237.3
|
-2.08
|
-0.08
|
3.53
|
1.58
|
4.43
|
-1.25
|
|
|
Wheat
|
1.11595
|
222.7
|
1.32
|
0.54
|
-1.56
|
3.34
|
-2.36
|
3.73
|
|
|
Pulses
|
0.71662
|
378.2
|
1.04
|
-0.58
|
6.72
|
46.70
|
5.93
|
55.64
|
|
|
Vegetables
|
1.73553
|
318.4
|
-9.55
|
-4.41
|
33.11
|
46.86
|
-6.41
|
20.56
|
|
|
Potato
|
0.20150
|
174.8
|
-36.95
|
-11.45
|
39.62
|
15.61
|
0.52
|
-34.99
|
|
|
Onion
|
0.17794
|
435.4
|
-1.20
|
-18.48
|
41.87
|
30.95
|
-19.70
|
25.98
|
|
|
Fruits
|
2.10717
|
237.1
|
-3.13
|
-0.04
|
8.63
|
-2.75
|
17.77
|
0.76
|
|
|
Milk
|
3.23818
|
250.9
|
-0.16
|
0.04
|
7.13
|
1.46
|
9.41
|
1.78
|
|
|
Egg, Meat & Fish
|
2.41384
|
296.6
|
-1.16
|
6.19
|
-0.11
|
2.24
|
1.15
|
5.03
|
|
|
Non-Food Articles
|
4.25756
|
223.9
|
-0.29
|
0.99
|
-4.50
|
10.51
|
-3.62
|
7.70
|
|
|
Fibres
|
0.87737
|
208.0
|
0.30
|
2.51
|
-14.80
|
7.55
|
-13.86
|
2.36
|
|
|
Oil Seeds
|
1.78051
|
217.9
|
-0.98
|
0.05
|
-2.56
|
6.60
|
-0.88
|
8.03
|
|
|
Minerals
|
1.52350
|
212.3
|
-10.43
|
-2.44
|
-20.69
|
-12.74
|
-22.73
|
-22.52
|
|
|
FUEL & POWER
|
14.91021
|
176.8
|
-2.75
|
-0.62
|
-9.15
|
-5.96
|
-7.82
|
-9.15
|
|
|
Liquefied petroleum gas
|
0.91468
|
162.9
|
-2.05
|
1.37
|
-5.43
|
0.12
|
-3.19
|
-2.51
|
|
|
Petrol
|
1.09015
|
157.3
|
-2.57
|
-1.07
|
-14.86
|
-4.72
|
-11.96
|
-7.90
|
|
|
High speed diesel
|
4.67020
|
181.7
|
-3.35
|
0.17
|
-8.82
|
-10.58
|
-6.31
|
-13.80
|
|
|
MANUFACTURED PRODUCTS
|
64.97164
|
152.6
|
-0.32
|
-0.26
|
0.32
|
-0.84
|
1.44
|
-1.36
|
|
|
Food Products
|
9.97396
|
175.4
|
-0.75
|
0.29
|
1.71
|
3.12
|
1.30
|
1.98
|
|
|
Sugar
|
1.73731
|
169.8
|
-2.06
|
1.13
|
0.93
|
-2.69
|
-1.33
|
-8.27
|
|
|
Edible Oils
|
3.04293
|
151.5
|
-0.49
|
0.80
|
-2.25
|
4.63
|
-3.44
|
5.80
|
|
|
Beverages, Tobacco & Tobacco Product
|
1.76247
|
205.2
|
0.05
|
-0.39
|
3.22
|
0.98
|
8.37
|
1.58
|
|
|
Cotton Textiles
|
2.60526
|
155.5
|
-0.75
|
-0.06
|
-3.52
|
-1.40
|
0.00
|
-2.26
|
|
|
Man Made Textiles
|
2.20573
|
130.2
|
-0.96
|
-0.46
|
-0.15
|
-1.81
|
0.90
|
-3.41
|
|
|
Wood & Wood Products
|
0.58744
|
196.4
|
0.91
|
-0.66
|
0.91
|
3.53
|
5.29
|
3.86
|
|
|
Paper & Paper Products
|
2.03350
|
154.9
|
0.00
|
0.19
|
2.37
|
1.31
|
4.14
|
2.51
|
|
|
Leather & Leather Products
|
0.83509
|
144.4
|
-1.23
|
0.42
|
-1.16
|
1.48
|
-0.55
|
0.07
|
|
|
Rubber & Plastic Products
|
2.98697
|
145.8
|
-0.53
|
-0.34
|
-0.33
|
-1.69
|
0.88
|
-2.41
|
|
|
Chemicals & Chemical Products
|
12.01770
|
149.9
|
-0.52
|
-0.46
|
-0.13
|
-0.66
|
1.67
|
-1.64
|
|
|
Non-Metallic Mineral Products
|
2.55597
|
177.5
|
-0.91
|
0.34
|
3.64
|
-0.67
|
4.26
|
2.25
|
|
|
Cement & Lime
|
1.38646
|
173.6
|
-0.99
|
-0.06
|
3.11
|
-2.31
|
2.73
|
2.60
|
|
|
Basic Metals Alloys & Metal Product
|
10.74785
|
150.3
|
-0.24
|
-1.25
|
-1.73
|
-7.16
|
-0.24
|
-8.74
|
|
|
Iron & Semis
|
1.56301
|
131.8
|
-2.04
|
-2.73
|
-3.52
|
-11.48
|
0.13
|
-14.02
|
|
|
Machinery & Machine Tools
|
8.93148
|
134.9
|
-0.07
|
0.00
|
1.05
|
-0.07
|
1.51
|
0.22
|
|
|
Transport Equipment & Parts
|
5.21282
|
138.0
|
0.07
|
0.07
|
0.15
|
0.51
|
0.07
|
1.47
|
|
|
Annexure-II
|
|||||||
|
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
|
|||||
|
Dec-15
|
Nov-15
|
Oct-15
|
Sept-15
|
August-15
|
July-15
|
||
|
100.00
|
-0.73
|
-1.99
|
-3.70
|
-4.59
|
-5.06
|
-4.00
|
|
|
PRIMARY ARTICLES
|
20.12
|
5.48
|
2.27
|
0.04
|
-2.29
|
-4.21
|
-3.98
|
|
Food Articles
|
14.34
|
8.17
|
5.20
|
3.33
|
0.84
|
-1.02
|
-1.20
|
|
Cereals
|
3.37
|
1.63
|
0.47
|
-0.13
|
-1.02
|
-1.98
|
-1.66
|
|
Rice
|
1.79
|
-1.25
|
-3.22
|
-3.40
|
-3.76
|
-3.89
|
-2.86
|
|
Wheat
|
1.12
|
3.73
|
4.53
|
4.58
|
3.29
|
2.09
|
1.96
|
|
Pulses
|
0.72
|
55.64
|
58.17
|
53.06
|
38.94
|
36.49
|
36.18
|
|
Vegetables
|
1.74
|
20.56
|
14.08
|
3.17
|
-8.60
|
-20.03
|
-24.43
|
|
Potato
|
0.20
|
-34.99
|
-53.72
|
-58.10
|
-57.98
|
-51.76
|
-48.87
|
|
Onion
|
0.18
|
25.98
|
52.69
|
89.52
|
120.69
|
74.44
|
-0.49
|
|
Fruits
|
2.11
|
0.76
|
-2.35
|
-4.46
|
-5.15
|
-1.42
|
-4.52
|
|
Milk
|
3.24
|
1.78
|
1.58
|
1.75
|
2.16
|
2.08
|
5.30
|
|
Egg, Meat & Fish
|
2.41
|
5.03
|
-2.24
|
0.46
|
2.02
|
3.30
|
2.52
|
|
Non-Food Articles
|
4.26
|
7.70
|
6.33
|
5.10
|
2.70
|
-0.46
|
-0.51
|
|
Fibres
|
0.88
|
2.36
|
0.15
|
-2.20
|
-6.86
|
-9.09
|
-10.88
|
|
Oil Seeds
|
1.78
|
8.03
|
6.92
|
6.66
|
2.50
|
-2.20
|
-0.23
|
|
Minerals
|
1.52
|
-22.52
|
-28.87
|
-33.64
|
-34.27
|
-34.35
|
-29.83
|
|
FUEL & POWER
|
14.91
|
-9.15
|
-11.09
|
-16.32
|
-17.71
|
-16.21
|
-11.56
|
|
Liquefied petroleum gas
|
0.91
|
-2.51
|
-5.80
|
-5.83
|
-5.45
|
-5.32
|
-4.90
|
|
Petrol
|
1.09
|
-7.90
|
-9.30
|
-13.16
|
-14.78
|
-13.82
|
-11.14
|
|
High speed diesel
|
4.67
|
-13.80
|
-16.83
|
-26.21
|
-28.10
|
-25.37
|
-15.91
|
|
MANUFACTURED PRODUCTS
|
64.97
|
-1.36
|
-1.42
|
-1.67
|
-1.73
|
-1.99
|
-1.54
|
|
Food Products
|
9.97
|
1.98
|
0.92
|
0.46
|
-0.69
|
-2.11
|
-1.94
|
|
Sugar
|
1.74
|
-8.27
|
-11.16
|
-13.08
|
-16.45
|
-18.44
|
-17.63
|
|
Edible Oils
|
3.04
|
5.80
|
4.45
|
4.74
|
3.35
|
1.17
|
1.37
|
|
Beverages, Tobacco & Tobacco Product
|
1.76
|
1.58
|
2.03
|
2.29
|
2.13
|
2.13
|
3.15
|
|
Cotton Textiles
|
2.61
|
-2.26
|
-2.93
|
-4.00
|
-4.52
|
-5.02
|
-5.29
|
|
Man Made Textiles
|
2.21
|
-3.41
|
-3.89
|
-5.09
|
-4.91
|
-3.49
|
-2.63
|
|
Wood & Wood Products
|
0.59
|
3.86
|
5.50
|
4.81
|
3.91
|
4.36
|
6.14
|
|
Paper & Paper Products
|
2.03
|
2.51
|
2.32
|
2.31
|
2.72
|
3.00
|
2.67
|
|
Leather & Leather Products
|
0.84
|
0.07
|
-1.57
|
-1.37
|
-0.95
|
-0.75
|
-1.89
|
|
Rubber & Plastic Products
|
2.99
|
-2.41
|
-2.60
|
-2.78
|
-2.71
|
-1.85
|
-0.93
|
|
Chemicals & Chemical Products
|
12.02
|
-1.64
|
-1.70
|
-1.83
|
-1.89
|
-1.88
|
-1.69
|
|
Non-Metallic Mineral Products
|
2.56
|
2.25
|
0.97
|
0.45
|
1.26
|
2.75
|
3.48
|
|
Cement & Lime
|
1.39
|
2.60
|
1.64
|
-0.12
|
1.04
|
2.51
|
2.47
|
|
Basic Metals Alloys & Metal Product
|
10.75
|
-8.74
|
-7.81
|
-7.50
|
-6.74
|
-7.50
|
-6.28
|
|
Iron & Semis
|
1.56
|
-14.02
|
-13.42
|
-12.96
|
-10.90
|
-12.31
|
-10.64
|
|
Machinery & Machine Tools
|
8.93
|
0.22
|
0.15
|
0.00
|
0.07
|
0.30
|
0.30
|
|
Transport Equipment & Parts
|
5.21
|
1.47
|
1.47
|
1.32
|
1.25
|
1.10
|
1.25
|
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