Inflation shows variations during the week

10 Sep '09

2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 29th August 2009 rose by 0.2 percent to 241.1 (Provisional) from 240.7 (Provisional) for the previous week.

1. INFLATION
The annual rate of inflation, calculated on point to point basis, stood at -0.12 percent (Provisional) for the week ended 29/08/2009 over (30/08/2008) as compared to -0.21 percent (Provisional) for the previous week (ended 22/08/2009) and 12.38 percent during the corresponding week (ended 30/08/2008 of the previous year. Build up inflation in the financial year so far was 5.47% compared to a build up of 6.48% in the corresponding period of the previous year.

The movement of the index for the various commodity groups is summarized below:-

2. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.3 percent to 271.2 (Provisional) from 270.4 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.2 percent to 207.9 (Provisional) from 207.5 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Chemicals & Chemical Products' group rose by 1.3 percent to 229.4 (Provisional) from 226.4 (Provisional) for the previous week due to higher prices of household laundry soap (35%), synthetic detergent (17%), toilet soap and tooth paste (6% each) and carbon black (1%). However, the prices of synthetic resins (27%) declined.

4. FINAL INDEX FOR THE WEEK ENDED 4th July 2009
For the week ended 04/07/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 237.5 as compared to 236.4 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -0.75 percent as compared to -1.21 percent (Provisional) reported earlier vide press note dated 16/07/2009

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