GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

OFFICE OF THE ECONOMIC ADVISER
Index Numbers of Wholesale Prices in India (Base: 2004-05=100)
Review for the month of July, 2012
The official Wholesale Price Index for All Commodities (Base: 2004-05 = 100) for the month July, 2012 rose by
0.4 percent to 164.8 (Provisional) from 164.2 (Provisional) for the previous month.
INFLATION
The annual rate of inflation, based on monthly WPI, stood at 6.87% (Provisional) for the month of July, 2012 (over
July, 2011) as compared to 7.25% (Provisional) for the previous month and 9.36% during the corresponding month
of the previous year. Build up inflation in the financial year so far was 2.36% compared to a build up of 3.14% 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 20.12%)
The index for this major group rose by 1.1 percent to 218.8 (Provisional) from 216.4 (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 1.4 percent to 212.2 (Provisional) from 209.2 (Provisional) for the
previous month due to higher prices of gram (10%), arhar (8%), bajra (7%), moong (6%), ragi (5%), urad and
fish-marine (5% each), coffee and condiments & spices (4% each), masur and rice (3% each), egg, maize and
milk (2% each) and fish-inland, barley and wheat (1% each). However, the prices of poultry chicken (5%), tea (4
%), jowar (2%) and fruits & vegetables (1%) declined.
The index for 'Non-Food Articles' group rose by 2.9 percent to 199.2 (Provisional) from 193.5 (Provisional) for the
previous month due to higher prices of soyabean (18%), castor seed (13%), gingelly seed (12%), raw cotton and raw
jute (9% each), mesta (7%), cotton seed (6%), rape & mustard seed and raw silk (4% each), linseed, flowers and
fodder (3 % each), coir fibre and copra (2% each) and sugarcane (1%). However, the prices of gaur seed (27%), raw
rubber (3 %), sunflower (2%) and groundnut seed and niger seed (1% each) declined.
The index for 'Minerals' group declined by 3.4 percent to 335.8 (Provisional) from 347.6 (Provisional) for the
previous month due to lower prices of crude petroleum (8%), zinc concentrate and chromite (2% each). However,
the prices of phosphorite (40%), magnesite (14%), copper ore (5%), manganese ore, barytes and iron ore (2% each)
and steatite (1%) moved up.
FUEL & POWER (Weight 14.91%)
The index for this major group declined by 1.5 percent to 175.5 (Provisional) from 178.2 (Provisional) for the
previous month due to lower prices of light diesel oil (10%), furance oil (8%), naphtha (7%), aviation turbine fuel
(ATF) and petrol (4% each).
MANUFACTURED PRODUCTS (Weight 64.97%)
The index for this major group rose by 0.6 percent to 145.7 (Provisional) from 144.8 (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 1.5 percent to 159.7 (Provisional) from 157.4 (Provisional) for the
previous month due to higher prices of oil cakes (9%), tea dust (unblended) (5%), sugar, gingelly oil, gur and
sunflower oil (3% each), khandsari, soyabean oil, powder milk and mustard & rapeseed oil (2% each) and cotton
seed oil, groundnut oil and bakery products (1% each). However, the prices of processed prawn (8%), tea dust
(blended) and mixed spices (3% each), coffee powder and palm oil (2% each) and copra oil (1%) declined.

The index for 'Beverages, Tobacco & Tobacco Products' group rose by 0.2 percent to 171.6 (Provisional) from 171.2
(Provisional) for the previous month due to higher prices of dried tobacco (4%).
The index for 'Wood & Wood Products' group rose by 1.4 percent to 169.1 (Provisional) from 166.8 (Provisional)
for the previous month due to higher prices of plywood & fibre board (2%) and timber / wooden planks and
processed wood (1% each).
The index for 'Paper & Paper Products' group rose by 0.1 percent to 134.5 (Provisional) from 134.4 (Provisional) for
the previous month due to higher prices of computer stationery (2%) and kraft paper & bags and laminated paper (1
% each). However, the prices of card board (2%) and paper rolls and paper cartons / boxes (1% each) declined.
The index for Leather & Leather Products' group rose by 0.5 percent to 133.7 (Provisional) from 133.1
(Provisional) for the previous month due to higher prices of leather footwear (1%). However, the prices of
leather garments & jackets (1%) declined.
The index for 'Rubber & Plastic Products' group rose by 0.1 percent to 135.9 (Provisional) from 135.8 (Provisional)
for the previous month due to higher prices of v belt (5%) and plastic/pvc suitcases and expandable polystyrene (2%
each).
The index for 'Chemicals & Chemical Products' group rose by 0.7 percent to 142.3 (Provisional) from 141.3
(Provisional) for the previous month due to higher prices of di ammonium phosphate (9%), photographic goods (4
%), paints (3%), pesticides, toilet soap and rubber chemicals (2% each) and pigment & pigment intermediates,
turpentine oil, washing soap, hair / body oils, polymers, shampoo, basic inorganic chemicals, organic manure and
ammonium sulphate (1% each). However, the prices of synthetic resin (7%), non-cyclic compound (3%),
distemper (2%) and safety matches/ match box (1%) declined.
The index for 'Non-Metallic Mineral Products' group rose by 1.6 percent to 162.4 (Provisional) from 159.9
(Provisional) for the previous month due to higher prices of grey cement (3%), glass bottles & bottleware (2%) and
bricks & tiles (1%). However, the prices of marbles (2%) and lime (1%) declined.
The index for 'Machinery & Machine Tools' group rose by 0.7 percent to 127.9 (Provisional) from 127.0
(Provisional) for the previous month due to higher prices of hydraulic equipment (9%), electric generators (6%),
electric motors (5%), pvc insulated cable, textile machinery, machine tools, capacitors and electric motor starters (2
% each) and electric switches, thresher, electrical wires, chemical plant equipments, material handling equipments
and plastic machinery (1% each). However, the prices of ups / stabilizer (2%) and fibre optic cable, electric switch
gears, fluorescent tubes, ball/roller bearing and electronic pcb /micro circuit (1% each) declined.
The index for 'Transport, Equipment & Parts' group rose by 0.5 percent to 128.5 (Provisional) from 127.8
(Provisional) for the previous month due to higher prices of shafts (all kinds) and railway axle & wheel (2% each)
and motor vehicles, auto parts and bi-cycles (1% each).
FINAL INDEX FOR THE MONTH OF MAY , 2012 (BASE YEAR: 2004-05=100)
For the month of May, 2012, both the final index and inflation based on final Wholesale Price Index for All
Commodities (Base: 2004-05=100) remained unchanged at its provisional level of 163.9 and 7.55 percent
respectively as reported on 14.06.2012.
Next date of press release: 14/09/2012 for the month of August, 2012
Office of Economic Adviser, Ministry of Commerce & Industry, New Delhi,

Annexure-I
Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100)
Month of July, 2012
Commodities/Major
Groups/Groups/SubGroups
ALL COMMODITIES
PRIMARY ARTICLES
Food Articles
Cereals
Rice
Wheat
Pulses
Vegetables
Potato
Onion
Fruits
Milk
Egg, Meat & Fish
Non-Food Articles
Fibres
Oil Seeds
Minerals
FUEL & POWER
Liquefied petroleum gas
Petrol
High speed diesel
MANUFACTURED
PRODUCTS
Food Products
Sugar
Edible Oils
Beverages, Tobacco & Tobacco
Product
Cotton Textiles
Man Made Textiles
Wood & Wood Products
Paper & Paper Products
Leather & Leather Products
Rubber & Plastic Products
Chemicals & Chemical
Products
Non-Metallic Mineral Products
Cement & Lime
Basic Metals Alloys & Metal
Product
Iron & Semis
Machinery & Machine Tools
Transport Equipment & Parts

Weight

WPI
July,
201 2

Latest month over

month
2011-12

2012-13

2011-12

2012-13

2011-12

2012-13

100.00000
20.11815
14.33709
3.37323
1.79348
1.11595
0.71662
1.73553
0.20150
0.17794
2.10717
3.23818
2.41384
4.25756
0.87737
1.78051
1.52350
14.91021
0.91468
1.09015
4.67020

164.8
218.8
212.2
190.7
187.1
182.2
244.2
230.1
247.5
181.2
195.7
208.9
239.2
199.2
215.7
195.6
335.8
175.5
148.7
187.3
167.8

0.72
1.17
2.12
0.80
0.53
1.24
1.55
13.19
13.66
15.19
0.56
0.89
1.83
-2.71
-10.62
0.51
2.01
2.48
10.55
0.00
6.81

0.37
1.11
1.43
2.31
3.03
1.11
8.10
-5.62
11.79
14.68
4.21
1.56
1.61
2.95
8.45
6.19
-3.39
-1.52
0.00
-3.95
0.00

3.14
5.31
7.71
2.21
1.74
-1.33
-0.31
29.38
33.86
12.17
6.23
10.77
5.53
-7.94
-28.17
3.44
16.08
5.08
14.58
8.70
9.24

2.36
5.29
7.66
5.77
6.67
5.87
16.12
21.11
95.50
33.24
10.94
3.78
4.27
4.90
10.79
14.19
-6.41
-1.29
0.95
5.40
0.00

9.36
11.47
8.19
5.20
2.41
1.79
-7.48
7.79
7.03
27.15
14.82
10.77
9.56
15.77
29.66
13.93
25.84
12.04
14.58
23.23
9.32

6.87
10.39
10.06
8.29
10.12
6.67
28.26
24.11
72.96
-9.81
-0.15
8.01
16.00
13.05
5.89
25.22
8.43
5.98
0.68
8.64
0.00

145.7

0.07

0.62

1.77

2.17

7.73

5.58

159.7
184.1
147.5

1.01
2.16
0.22

1.46
2.96
0.68

3.58
0.06
3.80

3.63
4.96
4.17

8.13
3.96
14.76

6.25
7.91
10.32

171.6

-0.06

0.23

4.72

1.96

12.60

6.06

145.1
121.4
169.1
134.5
133.7
135.9

-5.32
-0.75
0.75
-0.15
0.54
0.30

1.11
-0.16
1.38
0.07
0.45
0.07

-6.79
-1.88
6.72
1.39
3.59
0.23

2.69
1.08
2.61
1.36
1.52
0.97

18.88
7.16
9.61
6.40
1.01
7.76

0.62
1.34
4.45
2.44
2.85
1.95

142.3

0.38

0.71

2.63

2.23

8.68

7.23

162.4
169.4

0.27
-0.39

1.56
2.60

1.28
-0.46

2.65
3.86

3.51
-0.26

8.12
10.72

166.4

0.20

0.00

2.36

1.90

10.64

9.62

165.6
127.9
128.5

0.34
0.16
0.32

-0.60
0.71
0.55

4.85
0.73
1.47

0.36
1.19
1.66

19.40
3.07
3.16

12.58
2.98
3.46

64.97164
9.97396
1.73731
3.04293
1.76247
2.60526
2.20573
0.58744
2.03350
0.83509
2.98697
12.01770
2.55597
1.38646
10.74785
1.56301
8.93148
5.21282

Build up from
March

Year on year

Annexure-II

Trend of Rate of Inflation for some important items during last six months
Commodities/Major Groups/Groups/SubGroups
ALL COMMODITIES
PRIMARY ARTICLES
Food Articles
Cereals
Rice
Wheat
Pulses
Vegetables
Potato
Onion
Fruits
Milk
Egg, Meat & Fish
Non-Food Articles
Fibres
Oil Seeds
Minerals
FUEL & POWER
Liquefied petroleum gas
Petrol
High speed diesel
MANUFACTURED PRODUCTS
Food Products
Sugar
Edible Oils
Beverages, Tobacco & Tobacco Product
Cotton Textiles
Man Made Textiles
Wood & Wood Products
Paper & Paper Products
Leather & Leather Products
Rubber & Plastic Products
Chemicals & Chemical Products
Non-Metallic Mineral Products
Cement & Lime
Basic Metals Alloys & Metal Product
Iron & Semis
Machinery & Machine Tools
Transport Equipment & Parts

Rate of Inflation for the last six months

Weight (%)

July-12

June-12

May-12

Apr-12

Mar-12

Feb-12

100.00
20.12
14.34
3.37
1.79
1.12
0.72
1.74
0.20
0.18
2.11
3.24
2.41
4.26
0.88
1.78
1.52
14.91
0.91
1.09
4.67
64.97
9.97
1.74
3.04
1.76
2.61
2.21
0.59
2.03
0.84
2.99
12.02
2.56
1.39
10.75
1.56
8.93
5.21

6.87
10.39
10.06
8.29
10.12
6.67
28.26
24.11
72.96
-9.81
-0.15
8.01
16.00
13.05
5.89
25.22
8.43
5.98
0.68
8.64
0.00
5.58
6.25
7.91
10.32
6.06
0.62
1.34
4.45
2.44
2.85
1.95
7.23
8.12
10.72
9.62
12.58
2.98
3.46

7.25
10.46
10.81
6.70
7.46
6.82
20.48
48.84
75.85
-9.40
-3.64
7.30
16.25
6.85
-12.72
18.53
14.49
10.27
11.30
13.11
6.81
5.00
5.78
7.07
9.82
5.74
-5.78
0.75
3.80
2.21
2.94
2.18
6.88
6.74
7.49
9.83
13.64
2.42
3.23

7.55
10.31
10.63
5.62
4.89
6.75
16.77
49.90
72.17
-8.05
-6.07
11.90
17.13
8.57
-16.52
19.12
11.49
11.53
15.36
10.51
9.24
5.24
5.80
5.24
10.37
8.24
-7.92
-0.33
7.21
2.05
4.08
2.18
7.28
6.46
6.18
10.65
16.18
2.50
4.52

7.50
9.55
10.92
6.84
5.98
5.97
11.29
61.85
59.30
-11.03
-15.34
15.68
17.54
1.40
-30.98
16.72
15.91
12.10
15.52
12.04
9.24
5.27
6.36
3.16
11.18
9.41
-9.41
-1.87
8.49
2.29
4.26
1.20
7.10
7.25
6.87
11.12
18.48
2.02
3.43

7.69
10.41
10.11
4.64
5.03
-0.58
10.10
32.59
18.43
-24.06
-4.39
15.29
17.40
-0.78
-31.35
13.44
34.48
12.82
14.27
12.04
9.24
5.16
6.20
2.87
9.94
8.93
-8.66
-1.64
8.64
2.47
4.94
1.20
7.66
6.68
6.12
10.11
17.61
2.51
3.27

7.56
7.07
6.12
1.83
1.53
-3.95
7.86
1.71
-2.22
-48.66
-0.29
11.70
20.00
-2.51
-29.89
9.39
32.31
15.11
14.27
12.04
9.24
5.82
5.58
4.07
7.65
10.76
-3.51
-0.33
8.47
3.20
5.33
2.21
7.99
6.91
6.15
10.50
15.96
3.10
3.45