• Wednesday, 26 June 2019

Inflation rises to 7.81pc in Sept

India's headline inflation, based on monthly Wholesale Price Index (WPI), rose to 7.81pc in September 2012, driven by a rise in the prices of wheat, cereals and diesel, official data said on Monday.

The official Wholesale Price Index for 'All Commodities' (Base: 2004-05 = 100) for the month September, 2012 rose by 1.1 percent to 168.4 (Provisional) from 166.6 (Provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at 7.81pc (Provisional) for the month of September, 2012 (over September, 2011) as compared to 7.55pc (Provisional) for the previous month and 10.00pc during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.60pc compared to a build up of 4.48pc 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 20.12pc )

The index for this major group rose by 0.5 percent to 220.7 (Provisional) from 219.5 (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 Articles` group rose by 0.6 percent to 212.7 (Provisional) from 211.4 (Provisional) for the previous month due to higher prices of coffee (8pc ), ragi (7pc ), fish-marine (5pc ), wheat, egg and fish-inland (4pc each), poultry chicken and maize (3pc each), rice and urad (2pc each) and masur, arhar, tea, milk, mutton and moong (1pc each). However, the prices of fruits and vegetables (3pc ), barley (2pc ) and jowar (1pc ) declined.

The index for `Non-Food Articles` group declined by 2.1 percent to 202.4 (Provisional) from 206.8 (Provisional) for the previous month due to lower prices of gaur seed (38pc ), castor seed (11pc ), soyabean (6pc ), raw cotton (5pc ), raw silk (2pc ) and niger seed (1pc ). However, the prices of logs and timber (8pc ), raw rubber (5pc ), linseed, fodder, cotton seed and coir fibre (4pc each), gingelly seed (sesamum) (3pc ), rape and mustard seed, mesta and raw jute (2pc each) and groundnut seed and sunflower (1pc each) moved up.

The index for `Minerals` group rose by 4.9 percent to 347.6 (Provisional) from 331.3 (Provisional) for the previous month due to higher prices of barytes (67pc ), crude petroleum (9pc ), zinc concentrate (6pc ), phosphorite (4pc ), manganese ore (3pc ) and copper ore (1pc ). However, the prices of sillimanite (10pc ), magnesite (8pc ) and steatite (2 pc ) declined.

FUEL and POWER (Weight 14.91pc )

The index for this major group rose by 4.0 percent to 188.3 (Provisional) from 181.0 (Provisional) for the previous month due to higher prices of aviation turbine fuel (13pc ), light diesel oil (11pc ), naphtha and high speed diesel (9 pc each), furnace oil (7pc ) and kerosene (1pc ). However, the prices of bitumen (1pc ) declined.

MANUFACTURED PRODUCTS (Weight 64.97pc )

The index for this major group rose by 0.5 percent to 147.7 (Provisional) from 146.9 (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 1.2 percent to 166.5 (Provisional) from 164.5 (Provisional) for the previous month due to higher prices of gram powder (besan) (19pc ), sugar confectionary (6pc ), wheat flour ( atta) (6 pc ), cotton seed oil (5pc ), mixed spices and soyabean oil (4pc each), tea leaf (blended) (3pc ), sugar and maida (2pc each) and oil cakes, khandsari, sooji (rawa) and gingelly oil (1pc each). However, the prices of processed prawn and tea dust (unblended) (3pc each), tea dust (blended), gola (cattle feed) and tea leaf (unblended) (2pc each) and groundnut oil, ghee, rice bran oil and copra oil (1pc each) declined.

The index for `Beverages, Tobacco and Tobacco Products` group rose by 2.1 percent to 175.2 (Provisional) from 171.6 (Provisional) for the previous month due to higher prices of bidi (7pc ) and soft drinks and carbonated water (1pc ).

The index for `Textiles` group rose by 0.4 percent to 130.9 (Provisional) from 130.4 (Provisional) for the previous month due to higher prices of jute sacking bag and jute sacking cloth (2pc each) and cotton yarn, man made fibre, man made fabric and gunny and hessian cloth (1pc each).

The index for `Wood and Wood Products` group rose by 0.9 percent to 171.1 (Provisional) from 169.6 (Provisional) for the previous month due to higher prices of plywood and fibre board (2pc ).

The index for `Paper and Paper Products` group rose by 0.7 percent to 136.2 (Provisional) from 135.2 (Provisional) for the previous month due to higher prices of newspaper, cream laid woven paper and paper cartons / boxes (3pc each) and printing and writing paper and maplitho paper (1pc each).

The index for `Leather and Leather Products` group rose by 0.5 percent to 134.9 (Provisional) from 134.2 (Provisional) for the previous month due to higher prices of leather shoe lining and leather chappals/sandals (1pc each).

The index for `Rubber and Plastic Products` group rose by 0.4 percent to 137.5 (Provisional) from 136.9 (Provisional) for the previous month due to higher prices of plastic products (1pc ).

The index for `Chemicals and Chemical Products` group rose by 0.4 percent to 143.8 (Provisional) from 143.2 (Provisional) for the previous month due to higher prices of di ammonium phosphate (3pc ), adhesive and gum (2pc ) and basic inorganic chemicals, non-cyclic compound, organic manure and pesticides (1pc each). However, the prices of thermocol and turpentine oil (1pc each) declined.

The index for `Non-Metallic Mineral Products` group rose by 0.2 percent to 164.5 (Provisional) from 164.2 (Provisional) for the previous month due to higher prices of lime (3pc ), bricks and tiles (2pc ) and railway sleeper and glass bottles and bottleware (1pc ). However, the prices of marbles (2pc ) and white cement (1pc ) declined.

The index for `Basic Metals, Alloys and Metal Products` group rose by 0.4 percent to 167.2 (Provisional) from 166.6 (Provisional) for the previous month due to higher prices of silver (6pc ), gold and gold ornaments (4pc ), fixtures, copper wire (all types) and copper products (other than wire) (2pc each) and iron and steel wire, melting scrap, sponge iron, ferro manganese, hrc, pressure cooker and aluminium (1pc each). However, the prices of steel rods (3 pc ), ferro chrome, sheets and steel castings (2pc each) and angles, steel: pipes and tubes, copper / copper ingots and rebars (1pc each) declined.

The index for `Machinery and Machine Tools` group rose by 0.2 percent to 128.3 (Provisional) from 128.1 (Provisional) for the previous month due to higher prices of batteries and electric switches (4pc each), sprinkler and textile machinery (3pc each), plastic machinery, regulators and lamps (2pc each) and pump and assembly, industrial valves, electrical pumps, pvc insulated cable, engines, electric motor starters and air conditioner and refrigerators (1 pc each). However, the prices of fans, material handling equipments, insulators and electronic pcb /micro circuit (3pc each), t.v. accessories, electric motors, loader and communication equipments (2pc each) and hydraulic equipment and ball/roller bearing (1pc each) declined.

The index for `Transport, Equipment and Parts` group rose by 0.2 percent to 129.6 (Provisional) from 129.3 (Provisional) for the previous month due to higher prices of silencer and damper (7pc ) and geared motor (3pc ).

FINAL INDEX FOR THE MONTH OF JULY , 2012 (BASE YEAR: 2004-05=100)

For the month of July, 2012, the final Wholesale Price Index for 'All Commodities' (Base: 2004-05=100) stood at 165.8 as compared to 164.8 (provisional) and annual rate of inflation based on final index stood at 7.52 percent as compared to 6.87 percent respectively as reported on 14.08.2012.


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Inflation rises to 7.81pc in Sept



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