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Inflation rises to 0.7%

09
May '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 25th April, 2009 rose by 0.2 percent to 230.7 (Provisional) from 230.2 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.70 percent (Provisional) for the week ended 25/04/2009 (over 26/04/2008) as compared to 0.57 percent (Provisional) for the previous week (ended 18/04/2009) and 8.27 percent during the corresponding week (ended 26/04/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:-
The index for 'Non-Food Articles' group declined by 0.3 percent to 231.5 (Provisional) from 232.2 (Provisional) for the previous week due to lower prices of raw rubber (3%), raw silk (2%) and groundnut seed and raw cotton (1% each).

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.3 percent to 202.2 (Provisional) from 201.6 (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 0.3 percent to 214.9 (Provisional) from 214.2 (Provisional) for the previous week.

The index for 'Basic Metals Alloys & Metal Products' group declined by 0.1 percent to 255.2 (Provisional) from 255.4 (Provisional) for the previous week.

FINAL INDEX FOR THE WEEK ENDED 28th February 2009
For the week ended 28/02/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 227.8 as compared to 227.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 2.47 percent as compared to 2.43 percent (Provisional) reported earlier vide press note dated 12/03/2009.

Press Information Bureau


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