Wholesale-price index drops, PTA prices moves up

03 Sep '09

3 min read

The official Wholesale Price Index for 'All Commodities'(Base: 1993-94 = 100) for the week ended 22nd August 2009 rose by 0.8 percent to 240.7 (Provisional) from 238.8 (Provisional) for the previous week.

1. INFLATION
The annual rate of inflation, calculated on point to point basis, stood at -0.21 percent (Provisional) for the week ended 22/08/2009 (over 23/08/2008) as compared to -0.95 percent (Provisional) for the previous week (ended 15/08/2009) and 12.76 percent during the corresponding week (ended 23/08/2008) of the previous year. Build up of inflation in the current financial year so far was 5.29 percent compared to a build up of 6.40% in the corresponding period of the previous year. 52 week average inflation for the week ended 22nd August, 2009 was 3.9 percent.

Click here for Inflation for broad groups is summarized:

The movement of the index for the various commodity groups during the week is summarized below:-
2. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.7 percent to 270.4 (Provisional) from 268.4 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Non-Food Articles' group rose by 0.3 percent to 241.0 (Provisional) from 240.3 (Provisional) for the previous week due to higher prices of sunflower (3%), raw silk (2%) and groundnut seed, castor seed and raw rubber (1% each). However, the prices of copra and fodder (1% each) declined.

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.5 percent to 207.5 (Provisional) from 206.4 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Textiles' group declined by 0.3 percent to 143.2 (Provisional) from 143.6 (Provisional) for the previous week due to lower prices of texturised yarn and hessian cloth (3% each) and hessian & sacking bags (1%).

The index for ' Rubber & Plastic Products ' group rose by 0.2 percent to 169.6 (Provisional) from 169.2 (Provisional) for the previous week due to higher prices of plastic items (6 %), pvc fitting & accessories (3 %), The index for 'Chemicals & Chemical Products' group declined by 0.7 percent to 226.4 (Provisional) from 228.0 (Provisional) for the previous week due to lower prices of ammonium sulphate n_content (15%).

However, the prices of p.v.c. resins and purified terephthalic acid (pta) (4% each) moved up.

4. FINAL INDEX FOR THE WEEK ENDED 27th June 2009
For the week ended 27/06/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 235.8 as compared to 234.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -1.09 percent as compared to -1.55 percent (Provisional)reported earlier vide press note dated 10/07/2009.

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Press Information Bureau

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