The annual rate of inflation stood at 6.55% (provisional) for February, 2017 (over February, 2016) as compared to 5.25% (provisional) for the previous month
The official Wholesale Price Index (WPI) for ‘All Commodities’ for February, 2017 rose by 0.5 percent to 185.5 (provisional) from 184.6 (provisional) for the previous month, authorities said on Tuesday.
The annual rate of inflation, based on monthly WPI, stood at 6.55% (provisional) for the month of February, 2017 (over February, 2016) as compared to 5.25% (provisional) for the previous month and -0.85% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.82% compared to a build-up rate of -1.14% in the corresponding period of the previous year.
The index for primary articles group rose by 0.9 percent to 258.1 (provisional) from 255.7 (provisional) for the previous month.
The index for ‘Food Articles’ group rose by 0.1 percent to 267.5 (provisional) from 267.2 (provisional) for the previous month due to higher price of fruits & vegetables (5%), jowar and poultry chicken (2% each) and rice, bajra, fish-inland, ragi and beef & buffalo meat (1% each). However, the price of gram (14%), arhar (7%), condiments & spices (6%), urad (5%), tea and masur (3% each), egg, moong and maize (2% each) and wheat and coffee (1% each) declined.
Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100)
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|
|
|
Month of February, 2017 |
| Commodities/Major Groups/Groups/Sub-Groups |
Weight |
WPI Feb- 2017 |
Latest month over month |
Build up from March |
Year on year |
| 2015-16 |
2016-17 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
| ALL COMMODITIES |
100.00000 |
185.5 |
-0.74 |
0.49 |
-1.14 |
5.82 |
-0.85 |
6.55 |
| PRIMARY ARTICLES |
20.11815 |
258.1 |
-2.65 |
0.94 |
2.85 |
4.88 |
2.03 |
5.00 |
| Food Articles |
14.33709 |
267.5 |
-3.05 |
0.11 |
4.49 |
3.08 |
3.91 |
2.69 |
| Cereals |
3.37323 |
255.9 |
0.25 |
0.39 |
4.37 |
6.05 |
3.30 |
6.09 |
| Rice |
1.79348 |
249.4 |
0.00 |
1.38 |
2.27 |
4.48 |
-0.08 |
4.40 |
| Wheat |
1.11595 |
247.7 |
0.00 |
-1.04 |
6.08 |
8.55 |
6.03 |
8.36 |
| Pulses |
0.71662 |
352.4 |
-4.10 |
-10.42 |
37.78 |
1.70 |
38.37 |
-0.79 |
| Vegetables |
1.73553 |
203.3 |
-23.73 |
3.62 |
1.98 |
-4.28 |
-2.94 |
-8.05 |
| Potato |
0.20150 |
137.1 |
-0.73 |
-9.33 |
-0.53 |
-14.90 |
-7.39 |
-8.84 |
| Onion |
0.17794 |
251.4 |
-12.68 |
-0.40 |
-6.83 |
-8.11 |
-10.20 |
-18.85 |
| Fruits |
2.10717 |
253.7 |
2.11 |
5.62 |
-2.87 |
6.82 |
-1.66 |
7.14 |
| Milk |
3.23818 |
261.6 |
0.36 |
0.11 |
1.78 |
3.03 |
1.74 |
3.93 |
| Egg, Meat & Fish |
2.41384 |
309.5 |
0.10 |
0.29 |
2.79 |
2.89 |
3.40 |
3.79 |
| Non-Food Articles |
4.25756 |
234.8 |
-2.82 |
1.51 |
8.79 |
6.82 |
7.09 |
6.53 |
| Fibres |
0.87737 |
252.4 |
-1.31 |
2.35 |
9.26 |
20.82 |
10.17 |
19.45 |
| Oil Seeds |
1.78051 |
211.1 |
-2.51 |
-0.09 |
2.54 |
-0.24 |
3.46 |
0.72 |
| Minerals |
1.52350 |
234.8 |
4.31 |
8.96 |
-26.35 |
21.72 |
-27.65 |
31.03 |
| FUEL & POWER |
14.91021 |
203.8 |
-1.12 |
1.29 |
-10.43 |
18.21 |
-7.06 |
21.02 |
| Liquefied petroleum gas |
0.91468 |
168.9 |
-1.58 |
1.14 |
-0.49 |
5.50 |
-0.37 |
4.32 |
| Petrol |
1.09015 |
179.4 |
-0.52 |
0.39 |
-6.90 |
20.56 |
-1.03 |
16.72 |
| High speed diesel |
4.67020 |
231.4 |
-0.46 |
1.09 |
-14.47 |
26.24 |
-7.75 |
33.14 |
| MANUFACTURED PRODUCTS |
64.97164 |
158.8 |
0.33 |
0.00 |
-0.45 |
3.05 |
-0.52 |
3.66 |
| Food Products |
9.97396 |
194.5 |
0.74 |
0.00 |
4.64 |
8.30 |
4.34 |
9.27 |
| Sugar |
1.73731 |
226.8 |
3.66 |
2.30 |
7.22 |
19.18 |
5.23 |
21.22 |
| Edible Oils |
3.04293 |
157.6 |
0.13 |
-0.38 |
2.97 |
5.28 |
2.40 |
5.70 |
| Beverages, Tobacco & Tobacco Product |
1.76247 |
221.5 |
1.21 |
-0.18 |
2.66 |
4.58 |
2.91 |
6.18 |
| Cotton Textiles |
2.60526 |
162.2 |
0.39 |
-0.06 |
-1.14 |
4.11 |
-1.27 |
4.04 |
| Man Made Textiles |
2.20573 |
130.9 |
0.31 |
0.85 |
-2.49 |
1.39 |
-2.34 |
1.24 |
| Wood & Wood Products |
0.58744 |
191.8 |
0.41 |
-0.42 |
3.69 |
-2.64 |
3.80 |
-2.49 |
| Paper & Paper Products |
2.03350 |
157.7 |
-0.06 |
0.00 |
1.64 |
1.22 |
2.64 |
1.48 |
| Leather & Leather Products |
0.83509 |
145.1 |
0.76 |
-0.27 |
2.74 |
-0.48 |
2.96 |
-0.75 |
| Rubber & Plastic Products |
2.98697 |
148.9 |
-0.14 |
0.20 |
-2.16 |
2.48 |
-1.89 |
2.62 |
| Chemicals & Chemical Products |
12.01770 |
151.5 |
0.00 |
0.40 |
-0.93 |
1.27 |
-0.73 |
1.34 |
| Non-Metallic Mineral Products |
2.55597 |
178.8 |
-0.45 |
0.11 |
-0.78 |
0.22 |
0.62 |
0.85 |
| Cement & Lime |
1.38646 |
175.2 |
-0.63 |
0.52 |
-2.98 |
-0.28 |
-0.92 |
1.62 |
| Basic Metals Alloys & Metal Product |
10.74785 |
160.4 |
0.94 |
-0.50 |
-6.92 |
4.56 |
-7.89 |
6.44 |
| Iron & Semis |
1.56301 |
140.7 |
-0.45 |
-2.02 |
-11.42 |
3.23 |
-12.82 |
6.67 |
| Machinery & Machine Tools |
8.93148 |
135.4 |
0.22 |
0.00 |
0.00 |
0.22 |
-0.15 |
0.30 |
| Transport Equipment & Parts |
5.21282 |
140.5 |
0.07 |
0.50 |
1.24 |
1.08 |
1.39 |
1.08 |
The index for ‘Non-Food Articles’ group rose by 1.5 percent to 234.8 (provisional) from 231.3 (provisional) for the previous month due to higher price of flowers (13%), copra (coconut) (9%), raw rubber (8%), raw silk (4%), raw cotton (3%), gingelly seed (2%) and coir fibre, fodder, safflower (kardi seed), niger seed and cotton seed (1% each). However, the price of linseed, rape & mustard seed, soyabean and mesta (2% each) and sunflower, raw wool, groundnut seed, hides (raw) and castor seed (1% each) declined.
The index for fuel and power rose by 1.3 percent to 203.8 (provisional) from 201.2 (provisional) for the previous month due to higher price of coking coal (15%), aviation turbine fuel (3%), bitumen (2%) and kerosene, high speed diesel, LPG and lignite (1% each). However, the price of furnace oil (1%) declined.
