Print = Release

Index Numbers of = Wholesale=20 Prices in India (Base: 2004-05=3D100) Review for the month of December, = 2011=20

The official Wholesale Price Index for =E2=80=98All = Commodities=E2=80=99 (Base:=20 2004-05 =3D 100) for the month December, 2011 remained unchanged at its = previous=20 month level of 156.9 (Provisional).

INFLATION

The annual rate of inflation, based on monthly WPI, stood = at 7.47%=20 (Provisional) for the month of December, 2011 (over December, 2010) as = compared=20 to 9.11% (Provisional) for the previous month and 9.45% during the = corresponding=20 month of the previous year. Build up inflation in the financial year so = far was=20 4.95% compared to a build up of 7.12% in the corresponding period of the = previous year.

Inflation for important commodities / commodity groups is = indicated=20 in Annex-1 and Annex-II.

The movement of the index for the various commodity groups = is=20 summarized below:-

PRIMARY ARTICLES (Weight 20.12%)

The index for this major group declined by 1.6 percent to = 197.9=20 (Provisional) from 201.1 (Provisional) for the previous month. The = groups and=20 items for which the index showed variations during the month are as=20 follows:-

The index for 'Food Articles' group declined by 3.1 percent = to 190.8=20 (Provisional) from 196.9 (Provisional) for the previous month due to = lower=20 prices of fruits & vegetables (13%), condiments & spices (6%), = urad (5%), poultry chicken (3%), tea (2%) and jowar, rice, arhar, = ragi and barley (1% each). However, the prices of pork = (8%),=20 fish-marine (5%), = maize (3%),=20 bajra, egg, beef & buffalo meat, mutton = and masur (2% each) and gram, coffee, wheat and milk = (1% each)=20 moved up

The index for 'Non-Food Articles' group rose by 1.3 percent = to 178.6=20 (Provisional) from 176.3 (Provisional) for the previous month due to = higher=20 prices of gaur seed (20%), flowers (14%), linseed (8%), soyabean (6%), rape & mustard seed (5%), raw = silk (4%),=20 sunflower and raw rubber (3% each), safflower, groundnut seed and niger seed (2% each) and = gingelly seed and fodder (1% each). However, the prices of cotton = seed (6%),=20 castor seed (4%), coir fibre, raw cotton and = raw jute=20 (3% each) and copra (1%) declined.

The index for 'Minerals' group rose by 2.6 percent to 318.5 = (Provisional) from 310.5 (Provisional) for the previous month due to = higher=20 prices of sillimanite (50%), barytes (6%),=20 iron ore and bauxite (4% each), dolomite and crude petroleum (3 % each) = and=20 magnesite (1%). =20 However, the prices of steatite (7%) and copper ore (4%)=20 declined.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by 0.6 percent to 172.6 = (Provisional) from 171.6 (Provisional) for the previous month due to = higher=20 prices of naphtha (5%), aviation turbine fuel, light diesel oil and = bitumen (4%=20 each) and furnace oil (3%). =20 However, the prices of petrol (3%) declined. =

MANUFACTURED PRODUCTS (Weight 64.97%)

The index for this major group rose by 0.6 percent to 140.6 = (Provisional) from 139.8 (Provisional) for the previous month. The = groups and=20 items for which the index showed variations during the month are as=20 follows:-

The index for 'Food Products' group rose by 0.7 percent to = 152.9=20 (Provisional) from 151.8 (Provisional) for the previous month due to = higher=20 prices of processed prawn (9%), canned fish (6%), salt (5%), gingelly oil (3%), sugar, mustard & rapeseed = oil,=20 groundnut oil and khandsari (2% each) and = palm oil,=20 vanaspati, soyabean oil and=20 powder milk (1% each). = However, the=20 prices of gur (5%), oil cakes and mixed spices (3% each), = tea dust=20 (blended) and tea leaf (unblended) (2 % each) and copra oil, wheat flour = (atta), ghee and coffee powder (1% each)=20 declined.

The index for 'Beverages, Tobacco & Tobacco Products' = group rose=20 by 0.2 percent to 164.0 (Provisional) from 163.6 (Provisional) for the = previous=20 month due to higher prices of rectified spirit (2%) and cigarette and = bidi (1%each). =20 However, the prices of dried tobacco (2%) and soft drinks &=20 carbonated water (1%) declined.

The index for 'Textiles' group declined by 0.3 percent to = 126.1=20 (Provisional) from 126.5 (Provisional) for the previous month due to = lower=20 prices of jute sacking bag, cotton yarn, gunny and hessian cloth and man = made=20 fibre (1% each). =20 However, the prices of tyre cord = fabric (3%)=20 and cotton fabric and jute yarn (1% each) moved = up.

The index for 'Wood & Wood Products' group rose by 1.1 = percent to=20 162.9 (Provisional) from 161.2 (Provisional) for the previous month due = to=20 higher prices of plywood & fibre board=20 (2%).

The index for 'Paper & Paper Products' group declined = by 0.3=20 percent to 132.2 (Provisional) from 132.6 (Provisional) for the previous = month=20 due to lower prices of paper for printing / poster and printing and = writing=20 paper (1% each). However, = the=20 prices of card board (1%) moved up.

The index for 'Leather & Leather Products' group rose = by 1.2=20 percent to 131.5 (Provisional) from 129.9 (Provisional) for the previous = month=20 due to higher prices of leather garments & jackets (3%) and leather = footwear=20 and leathers (1% each).

The index for 'Chemicals & Chemical Products' group = rose by 1.0=20 percent to 136.4 (Provisional) from 135.0 (Provisional) for the previous = month=20 due to higher prices of = di ammonium phosphate (5%), paints (4%), rubber = chemicals=20 (3%), = pigment=20 & pigment intermediates and ammonium sulphate (2%=20 each) and turpentine oil, urea, polymers, lacquer & varnishes, = pesticides,=20 thermocol, washing soap, organic manure, dye = & dye=20 intermediates and basic organic chemicals (1 % each). However, the prices of = synthetic resin=20 (1%) declined.

The index for 'Non-Metallic Mineral Products' group rose by = 2.0=20 percent to 155.7 (Provisional) from 152.6 (Provisional) for the previous = month=20 due to higher prices of grey cement (4%) and bricks & tiles = (1%). However, the prices of slag = cement (3%)=20 declined.

The index for 'Basic Metals, Alloys & Metal Products' = group rose=20 by 0.9 percent to 159.5 (Provisional) from 158.1 (Provisional) for the = previous=20 month due to higher prices of gold & gold ornaments (4%), sponge = iron and=20 pencil ingots (3% each), furniture and = slab (2%=20 each) and steel rods, silver, utensils (other than aluminium), iron castings, =20 pipes/tubes/rods/strips, steel castings, brass, aluminium and wire rods (1% each). However, the prices of gp/gc sheets = and metal=20 containers (1% each) declined.

The index for 'Transport, Equipment & Parts' group rose = by 0.1=20 percent to 125.3 (Provisional) from 125.2 (Provisional) for the previous = month=20 due to higher prices of trolleys/tanker, gear boxes & parts and = wheels &=20 parts (1% each).

FINAL INDEX FOR THE MONTH OF OCTOBER, 2011 (BASE YEAR:=20 2004-05=3D100)

For the month of October, 2011 the final Wholesale Price = Index for=20 =E2=80=98All Commodities=E2=80=99 (Base: 2004-05=3D100) stood at 157.0 = as compared to 156.2=20 (Provisional) and annual rate of inflation based on final index stood at = 9.87=20 percent as compared to 9.73 percent (Provisional) reported on=20 14.11.2011.

Next date of press release: 14/02/2012 for the month of = January,=20 2012.

Annexure-I

Wholesale=20 Price Index and Rates of Inflation (Base Year:=20 2004-05=3D100)

Month of December, 2011

Commodities/Major=20 Groups/Groups/Sub-Groups

Weight

WPI Dec., 2011

Latest month over = month

Build up from March

Year on year

2010-11

2011-12

2010-11

2011-12

2010-11

2011-12

ALL COMMODITIES

100.00000

156.9

1.53

0.00

7.12

4.95

9.45

7.47

PRIMARY ARTICLES

20.11815

197.9

3.62

-1.59

15.73

5.15

18.37

3.07

Food Articles

14.33709

190.8

4.41

-3.10

15.77

6.59

15.07

0.74

Cereals

3.37323

175.9

0.52

0.00

3.66

2.09

1.59

1.91

Rice

1.79348

173.8

0.47

-0.86

4.78

4.07

4.01

1.58

Wheat

1.11595

166.7

0.35

0.60

0.29

-3.70

-4.15

-3.81

Pulses

0.71662

212.7

0.00

-0.23

-5.88

11.36

-11.74

13.62

Vegetables

1.73553

158.3

27.11

-25.29

82.20

10.47

33.61

-34.18

Potato

0.20150

110.7

10.86

-22.04

62.71

3.55

-28.57

-35.45

Onion

0.17794

185.6

36.54

-17.80

173.96

3.63

74.98

-60.45

Fruits

2.10717

174.0

-1.42

0.23

9.55

-5.69

17.28

9.09

Milk

3.23818

198.4

0.45

0.56

6.88

13.63

18.34

11.02

Egg, Meat & Fish

2.41384

219.5

1.71

14.00

12.33

19.42

11.88

Non-Food Articles

4.25756

178.6

3.04

1.30

17.10

-6.69

25.45

1.48

Fibres

0.87737

203.8

7.16

-2.35

45.67

-28.14

47.13

-7.41

Oil Seeds

1.78051

157.0

2.38

1.82

4.19

3.97

3.28

10.64

Minerals

1.52350

318.5

-0.72

2.58

12.82

19.38

30.58

21.89

FUEL & POWER

14.91021

172.6

1.08

0.58

7.21

9.52

11.26

14.91

Liquefied petroleum gas

0.91468

147.3

0.00

14.99

14.27

14.99

14.27

Petrol

1.09015

177.7

3.00

-2.84

14.60

12.04

21.68

20.39

High speed diesel

4.67020

167.8

0.00

6.22

9.24

14.71

9.24

MANUFACTURED PRODUCTS

64.97164

140.6

0.85

0.57

3.72

3.69

5.39

7.41

Food Products

9.97396

152.9

1.41

0.72

1.76

5.38

1.41

6.03

Sugar

1.73731

180.3

3.66

2.21

-5.88

5.75

-6.95

4.34

Edible Oils

3.04293

136.5

1.16

1.11

7.37

5.98

5.61

11.52

Beverages, Tobacco & Tobacco=20 Product

1.76247

164.0

0.28

0.24

2.04

6.15

5.69

13.18

Cotton Textiles

2.60526

138.7

3.54

-0.14

13.34

-10.34

18.22

5.32

Man Made Textiles

2.20573

119.1

1.15

-0.50

5.44

-2.46

11.40

4.20

Wood & Wood Products

0.58744

162.9

0.13

1.05

1.78

7.38

2.12

9.33

Paper & Paper Products

2.03350

132.2

-0.08

-0.30

5.19

2.08

4.58

5.17

Leather & Leather = Products

0.83509

131.5

0.00

1.23

0.31

4.78

-1.39

2.90

Rubber & Plastic = Products

2.98697

133.2

0.71

0.00

6.07

0.15

7.77

4.39

Chemicals & Chemical = Products

12.01770

136.4

0.73

1.04

3.16

5.49

4.99

9.82

Non-Metallic Mineral = Products

2.55597

155.7

-0.14

2.03

0.42

4.99

3.01

8.43

Cement & Lime

1.38646

160.8

-0.20

3.54

-2.05

4.62

1.09

8.58

Basic Metals Alloys & Metal=20 Product

10.74785

159.5

0.93

0.89

6.33

7.55

9.20

12.96

Iron & Semis

1.56301

156.8

0.80

1.75

1.78

11.76

9.37

24.44

Machinery & Machine = Tools

8.93148

125.4

0.58

0.00

2.01

1.70

3.48

2.87

Transport Equipment & = Parts

5.21282

125.3

0.17

0.08

1.52

2.37

2.74

4.50

Annexure-II

Trend of Rate of Inflation for some important items = during last=20 six months