WPI for manufactured products but primary articles and Fuel & Power

New Delhi: The annual rate of inflation-based products on the All-India Wholesale Price Index (WPI) number is 15.18% (Provisional) for the month of June 2022 (over June 2021). This is marginally lower than the WPI number of 15.88% in May 2022, The high rate of inflation in June 2022 is primarily due to the rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, chemicals & chemical products, food products, etc. as compared to the corresponding month of the previous year.

WPI for manufactured products but primary articles and Fuel & Power

The index numbers and inflation rate for the last three months of all commodities and WPI components are given below:

Index Numbers & Annual Rate of Inflation (Y-o-Y in %)*
All Commodities/Major Groups	Weight (%)	Apr-22 (F)		May 22 (P)		June 22 (P)
		Index	Inflation	Index	Inflation	Index	Inflation
All Commodities	100.0	152.3	15.38	154.0	15.88	154.0	15.18
I Primary Articles	22.6	174.5	15.18	179.8	19.71	182.4	19.22
II Fuel & Power	13.2	151.2	38.84	154.4	40.62	155.4	40.38
III Manufactured Products	64.2	144.7	11.39	144.8	10.11	143.7	9.19
Food Index	24.4	173.3	9.13	176.1	10.89	178.4	12.41

    Note: P: Provisional, F: Final, *Annual rate of WPI inflation calculated over the corresponding month of the previous year

 

2.         There is no month-over-month change in the WPI index for the month of June 2022 compared to May 2022. The monthly change in the WPI index for the last six-month is summarized below:

Month Over Month (M-o-M in %) change in WPI Index#
All Commodities/Major Groups	Weight	Jan-22	Feb-22	Mar-22	Apr-22	May-22(P)	Jun 22(P)
All Commodities	100.0	0.35	1.04	2.48	2.28	1.12	0.00
I. Primary Articles	22.6	-0.53	0.00	2.03	2.11	3.04	1.45
II. Fuel & Power	13.2	1.12	2.22	4.05	5.07	2.12	0.65
III. Manufactured Products	64.2	0.51	1.24	2.45	1.69	0.07	-0.76
Food Index	24.4	-1.71	0.24	0.90	3.03	1.62	1.31

Note: P: Provisional, #Monthly rate of change, based on month over month (M-o-M) WPI calculated over the preceding month.

 

3.         Month over Month Change in Major Groups of WPI:

 

1. Primary Articles (Weight 22.62%):- The index for this major group increased by (1.45%) to 182.4 (provisional) in June 2022 from 179.8 (provisional) for the month of May 2022. Prices of Crude Petroleum & Natural Gas (6.59%) and Food Articles (2.40%) increased in June 2022 as compared to May 2022. Prices of Non-food Articles (-2.06%) and Minerals (-9.04%) declined in June 2022 as compared to May 2022.
2. 
   
3. Fuel & Power (Weight 13.15%):- The index for this major group increased by (0.65%) to 155.4 (provisional) in June 2022 from 154.4 (provisional) for the month of May 2022. Prices of Mineral Oils (0.98%) increased in June 2022 as compared to May 2022.
4. 
   
5. Manufactured Products (Weight 64.23%):- The index for this major group declined by (-0.76%) to 143.7 (provisional) in June 2022 from 144.8 (provisional) for the month of May 2022. Out of the 22 NIC two-digit groups for Manufactured products, 14 groups have witnessed an increase in prices while 8 groups have witnessed a decrease in prices. The increase in prices is mainly contributed by chemical and chemical products, other non-metallic mineral products, electrical equipment, motor vehicles, textiles, etc. in June 2022 as compared to May 2022. Some of the groups that have witnessed a decrease in prices are basic metals, food products, other manufacturing, and furniture in June 2022 as compared to May 2022.
6. 
   

4.       WPI Food Index (Weight 24.38%): The Food Index consisting of 'Food Articles' from the Primary Articles group and 'Food Product' from the Manufactured Products group has increased from 176.1 in May 2022 to 178.4 in June 2022. The rate of inflation based on the WPI Food Index increased from 10.89% in May 2022 to 12.41% in June 2022

5.        Final index for the month of April 2022 (Base Year: 2011-12=100): For the month of April 2022 the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 152.3 and 15.38% respectively. The details of all India Wholesale Price Indices and Rates of Inflation for different commodity groups for June 2022 are in Annex I. The Annual rate of Inflation (Y-o-Y) based on WPI for different commodity groups in the last six months is at Annex II. The WPI Index for different commodity groups in the last six months is in Annex III.

6.        Response Rate: The WPI for June 2022 has been compiled at a weighted response rate of 82.5 percent, while the final figure for April 2022 is based on the weighted response rate of 91.4 percent. The provisional figures of WPI will undergo revision as per the final revision policy of WPI. This press release, item indices, and inflation numbers are available on our home page http://eaindustry.nic.in.

7.         Next date of Press Release: WPI for the month of July 2022 would be released on 16/8/2022.

Note:  WPI at all India levels is released on monthly basis on the 14th of every month (or the next working day) with a time lag of two weeks of the reference month, and the index numbers are compiled with data received from institutional sources and selected manufacturing units across the country. This press release contains WPI (Base Year 2011-12=100) for the month of June 2022 (Provisional), April 2022 (Final), and other months/years. Provisional figures of WPI are finalized after 10 weeks, and frozen thereafter.

Annex-I

All India Wholesale Price Indices and Rates of Inflation (Base Year: 2011-12=100) for June 2022

Commodities/Major Groups/Groups/Sub-Groups/Items	Weight	Index (Jun-22) *	Latest month over month		Cumulative Inflation (YoY)		WPI Based rate of Inflation (YoY)
			2021-2022	2022-2023*	2021-2022	2022-2023*	Jun-21	Jun-22*
ALL COMMODITIES	100	154.0	0.60	0.00	11.97	15.48	12.07	15.18
I. PRIMARY ARTICLES	22.62	182.4	1.86	1.45	9.30	18.03	8.59	19.22
A. Food Articles	15.26	183.6	0.56	2.40	4.04	11.73	3.28	14.39
Cereals	2.82	170.3	-0.50	-0.53	-2.81	8.02	-2.77	7.99
Paddy	1.43	165.5	-0.31	0.24	-1.12	1.87	-2.36	2.35
Wheat	1.03	171.8	-1.08	-1.26	-2.49	10.64	-1.77	10.34
Pulses	0.64	172.6	-0.78	0.12	11.46	-2.29	11.56	-2.82
Vegetables	1.87	259.1	16.16	16.45	-5.60	45.31	-0.78	56.75
Potato	0.28	255.2	2.87	14.85	-29.13	28.37	-31.09	39.38
Onion	0.16	150.4	25.54	7.97	16.39	-19.97	64.32	-31.54
Fruits	1.60	194.1	-10.04	-1.57	16.17	13.34	6.96	20.33
Milk	4.44	164.2	-0.32	0.18	2.00	5.91	1.65	6.35
Eggs, Meat & Fish	2.40	177.8	1.59	1.08	10.11	6.56	8.72	7.24
B. Non-Food Articles	4.12	176.3	2.34	-2.06	17.52	22.26	18.63	18.80
Oil Seeds	1.12	217.5	1.34	-2.77	34.27	8.45	36.76	2.74
C. Minerals	0.83	208.2	12.23	-9.04	16.40	17.63	15.33	8.55
D. Crude Petroleum & Natural gas	2.41	176.4	7.92	6.59	60.72	75.38	46.97	77.29
Crude Petroleum	1.95	173.5	9.74	6.25	109.40	72.52	78.47	72.98
II. FUEL & POWER	13.15	155.4	0.82	0.65	28.82	39.95	29.32	40.38
LPG	0.64	148.6	-7.44	-4.01	35.86	46.21	31.44	53.20
Petrol	1.60	167.6	4.73	4.10	56.86	59.04	59.94	57.82
HSD	3.10	177.4	7.61	0.91	52.92	62.32	59.92	54.93
III. MANUFACTURED PRODUCTS	64.23	143.7	0.08	-0.76	10.55	10.23	10.96	9.19
Mf/o Food Products	9.12	169.6	-0.95	-0.76	14.00	9.22	13.31	8.86
Vegetable And Animal Oils and Fats	2.64	207.3	-3.40	-2.58	46.66	13.01	43.58	12.36
Mf/o Beverages	0.91	128.5	-0.16	0.31	0.32	1.91	0.08	2.31
Mf/o Tobacco Products	0.51	164.0	-1.07	-0.61	0.34	3.44	-0.63	4.06
Mf/o Textiles	4.88	148.6	0.93	0.68	11.89	14.24	14.17	14.57
Mf/o Wearing Apparel	0.81	146.7	0.93	0.07	1.64	4.37	2.84	3.90
Mf/o Leather and Related Products	0.54	122.5	-1.51	0.66	0.51	2.76	0.09	4.08
Mf/o Wood and Products of Wood and Cork	0.77	148.3	0.29	0.75	3.90	6.28	3.43	6.92
Mf/o Paper and Paper Products	1.11	155.8	0.30	1.30	10.12	16.29	10.47	17.14
Mf/o Chemicals and Chemical Products	6.47	147.5	-0.08	0.82	11.06	14.24	10.89	14.96
Mf/o Pharmaceuticals, Medicinal Chemical, And Botanical Products	1.99	139.9	-1.61	0.36	4.66	3.10	4.18	3.86
Mf/o Rubber and Plastics Products	2.30	131.6	-0.50	-0.23	12.90	8.57	11.98	9.12
Mf/o other Non-Metallic Mineral Products	3.20	132.6	0.41	1.53	2.60	8.31	2.62	9.23
Cement, Lime, and Plaster	1.64	135.9	0.40	2.18	1.33	7.80	2.13	9.16
Mf/o Basic Metals	9.65	150.2	0.37	-5.36	26.11	18.68	29.09	12.09
Mild Steel - Semi Finished Steel	1.27	129.0	-0.43	-3.80	21.66	14.75	23.41	10.73
Mf/o Fabricated Metal Products, Except Machinery and Equipment	3.15	139.3	0.79	-0.29	10.31	10.94	12.04	9.25

Note: * = Provisional, Mf/o = Manufacture of

 

Annex-II

Commodities/Major Groups/Groups/Sub-Groups/Items	Weight	WPI-based inflation figures for the last 6 months
		Jan-22	Feb-22	Mar-22	Apr-22	May-22*	Jun-22*
ALL COMMODITIES	100.0	13.68	13.43	14.63	15.38	15.88	15.18
I. PRIMARY ARTICLES	22.62	15.60	13.87	15.94	15.18	19.71	19.22
A. Food Articles	15.26	10.40	8.19	8.44	8.48	12.34	14.39
Cereals	2.82	5.48	6.07	8.12	8.05	8.01	7.99
Paddy	1.43	0.56	0.00	0.99	1.48	1.79	2.35
Wheat	1.03	10.40	11.03	14.04	11.02	10.55	10.34
Pulses	0.64	4.63	2.72	2.22	-0.34	-3.69	-2.82
Vegetables	1.87	38.34	26.99	20.08	22.59	56.36	56.75
Potato	0.28	-14.45	15.66	26.36	19.84	24.83	39.38
Onion	0.16	-15.98	-26.42	-9.33	-4.02	-20.40	-31.54
Fruits	1.6	12.36	10.24	11.12	10.58	9.98	20.33
Milk	4.44	2.21	1.87	4.12	5.56	5.81	6.35
Eggs, Meat & Fish	2.4	10.18	8.14	9.42	4.63	7.78	7.24
B. Non-Food Articles	4.12	20.48	24.23	25.27	23.95	24.14	18.80
Oil Seeds	1.12	23.27	22.88	22.49	16.10	7.08	2.74
C. Minerals	0.83	30.03	22.08	21.69	12.00	33.94	8.55
D. Crude Petroleum & Natural gas	2.41	55.40	46.14	69.20	69.07	79.50	77.29
Crude Petroleum	1.95	60.59	55.17	83.56	65.69	78.67	72.98
II. FUEL & POWER	13.15	34.36	30.84	31.78	38.84	40.62	40.38
LPG	0.64	48.98	26.27	24.88	38.48	47.71	53.20
Petrol	1.60	66.58	56.64	53.54	60.63	58.78	57.82
HSD	3.10	64.00	55.59	52.32	67.62	65.23	54.93
III. MANUFACTURED PRODUCTS	64.23	9.50	10.24	11.26	11.39	10.11	9.19
Mf/o Food Products	9.12	8.06	9.48	10.61	10.18	8.65	8.86
Vegetable and Animal Oils and Fats	2.64	13.71	15.63	17.39	15.33	11.41	12.36
Mf/o Beverages	0.91	2.83	2.41	1.60	1.59	1.83	2.31
Mf/o Tobacco Products	0.51	1.90	0.50	2.92	2.68	3.58	4.06
Mf/o Textiles	4.88	13.89	14.01	12.95	13.29	14.86	14.57
Mf/o Wearing Apparel	0.81	3.73	3.65	3.64	4.42	4.79	3.90
Mf/o Leather and Related Products	0.54	1.94	3.94	2.38	2.37	1.84	4.08
Mf/o Wood and Products of Wood and Cork	0.77	4.11	4.92	4.87	5.49	6.44	6.92
Mf/o Paper and Paper Products	1.11	14.60	14.00	13.62	15.74	15.99	17.14
Mf/o Chemicals and Chemical Products	6.47	13.82	13.08	13.30	13.83	13.94	14.96
Mf/o Pharmaceuticals, Medicinal Chemical, And Botanical Products	1.99	4.26	3.84	3.45	3.64	1.83	3.86
Mf/o Rubber and Plastics Products	2.30	9.65	9.46	8.79	7.77	8.83	9.12
Mf/o other Non-Metallic Mineral Products	3.20	7.16	7.46	6.24	7.67	8.02	9.23
Cement, Lime, and Plaster	1.64	6.72	7.18	5.02	6.98	7.26	9.16
Mf/o Basic Metals	9.65	16.53	21.47	27.02	25.35	18.88	12.09
Mild Steel - Semi Finished Steel	1.27	12.50	16.38	19.95	19.03	14.62	10.73
Mf/o Fabricated Metal Products, Except Machinery, and Equipment	3.15	11.28	10.60	11.08	13.21	10.43	9.25

Note: * = Provisional, Mf/o = Manufacture of

 

Annex-III

Commodities/Major Groups/Groups/Sub-Groups/Items	Weight	WPI Index for last 6 months
		Jan-22	Feb-22	Mar-22	Apr-22	May-22*	Jun-22*
ALL COMMODITIES	100.0	143.8	145.3	148.9	152.3	154.0	154.0
I. PRIMARY ARTICLES	22.62	167.5	167.5	170.9	174.5	179.8	182.4
A. Food Articles	15.26	172.0	170.4	169.6	175.3	179.3	183.6
Cereals	2.82	163.6	164.2	167.7	170.4	171.2	170.3
Paddy	1.43	162.9	161.7	163.1	164.4	165.1	165.5
Wheat	1.03	164.6	166.1	171.4	173.3	174.0	171.8
Pulses	0.64	174.0	173.5	175.1	174.7	172.4	172.6
Vegetables	1.87	236.0	212.7	180.0	186.7	222.5	259.1
Potato	0.28	171.7	170.6	181.7	194.5	222.2	255.2
Onion	0.16	265.5	266.8	218.6	157.5	139.3	150.4
Fruits	1.6	161.8	168.0	177.9	211.2	197.2	194.1
Milk	4.44	157.4	157.8	161.6	163.3	163.9	164.2
Eggs, Meat & Fish	2.4	165.6	167.3	169.6	169.6	175.9	177.8
B. Non-Food Articles	4.12	165.9	170.2	175.0	177.5	180.0	176.3
Oil Seeds	1.12	210.8	215.4	226.6	227.2	223.7	217.5
C. Minerals	0.83	224.7	225.0	228.9	208.2	228.9	208.2
D. Crude Petroleum & Natural gas	2.41	122.3	125.1	151.6	152.5	165.5	176.4
Crude Petroleum	1.95	119.8	129.1	161.9	147.3	163.3	173.5
II. FUEL & POWER	13.15	135.3	138.3	143.9	151.2	154.4	155.4
LPG	0.64	131.4	126.4	133.0	149.7	154.8	148.6
Petrol	1.60	135.1	139.1	149.7	157.1	161.0	167.6
HSD	3.10	141.2	147.5	157.8	169.3	175.8	177.4
III. MANUFACTURED PRODUCTS	64.23	137.2	138.9	142.3	144.7	144.8	143.7
Mf/o Food Products	9.12	156.9	160.5	165.7	169.9	170.9	169.6
Vegetable and Animal Oils and Fats	2.64	180.8	190.1	202.5	210.7	212.8	207.3
Mf/o Beverages	0.91	127.3	127.6	127.0	127.7	128.1	128.5
Mf/o Tobacco Products	0.51	160.7	159.8	162.4	164.6	165.0	164.0
Mf/o Textiles	4.88	140.2	142.4	143.9	145.8	147.6	148.6
Mf/o Wearing Apparel	0.81	144.7	144.7	145.1	146.5	146.6	146.7
Mf/o Leather and Related Products	0.54	120.9	121.3	120.4	121.0	121.7	122.5
Mf/o Wood and Products of Wood and Cork	0.77	141.9	142.9	144.4	146.0	147.2	148.3
Mf/o Paper and Paper Products	1.11	142.1	143.3	148.5	153.7	153.8	155.8
Mf/o Chemicals and Chemical Products	6.47	137.5	139.2	142.3	145.7	146.3	147.5
Mf/o Pharmaceuticals, Medicinal Chemical And Botanical Products	1.99	137.1	137.9	138.0	139.6	139.4	139.9
Mf/o Rubber and Plastics Products	2.30	127.3	127.3	130.0	131.7	131.9	131.6
Mf/o other Non-Metallic Mineral Products	3.20	125.8	126.7	127.7	130.5	130.6	132.6
Cement, Lime, and Plaster	1.64	127.0	128.4	129.8	133.4	133.0	135.9
Mf/o Basic Metals	9.65	143.1	147.1	157.5	161.2	158.7	150.2
Mild Steel - Semi Finished Steel	1.27	120.6	122.9	132.3	134.5	134.1	129.0
Mf/o Fabricated Metal Products, Except Machinery and Equipment	3.15	133.2	133.5	135.3	138.8	139.7	139.3