Saturday, 13 May 2017

Revision of base year of All-India Wholesale Price Index (WPI) from 2004-05 to 2011-12.

  Th Governmen periodicall reviews an revises the  base yea of  the macroeconomicindicators as a regular exercise to capture structural changes in the economy and improve the quality,coverage and representativeness of the indices.    In  this direction, the base yea of All-India WPIhas been revise fro 2004-05 to  2011-12 by th Office of  Economic  Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commercand Industry to align it withthe base year of other macroeconomic indicator like  the Gross  Domestic Product (GDP)  andIndex of Industrial Production (IIP).

                The Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. The current series is the seventh revision. Therevision entails shifting the base year to 2011-12 from 2004-05, changing the basket ofcommodities anassigning new weights to the commodities. It has generally been the practice toundertake the revisions on the advice of a Working Group constituted each time For the newseries with base 2011-12=100, a Working Group was  constitute on  19th  Marc 2012    chairedby  Late  Dr.  Saumitra Chaudhuri, Member, erstwhile Planning Commission and comprised most stakeholders. The  composition an terms  of  reference of  the  Working Group is at Annex 1.


Key Highlights


                In the revised series, WPI will continue to constitute three Major Groups namel Primary  Articles, Fuel   Powe and  Manufactured Products. Highlights  of  the  changes introduced inthe  new series are summarized below:

•        Update item  basket and  weighting structure conforming to  the structure of economy in2011-12.
•        Increase in number of items from 676 to 697 In all 199 new items have been added and146 old items have been dropped.
•         The new series i more representative with increase in number of quotations from 5482to 8331, an increase by 2849 quotations (52%).


New Features


•        In the new series of WPI, prices used for compilation do not include indirect taxes in order  to  remov impact  of  fiscal policy This  i in consonanc with  internationalpractices an will   make  the  ne WPI conceptually closer to Producer Price Index.
•        A new WPI Food Index will be compiled to capture the rate of inflation in food items.
•        Seasonality of fruits and vegetables has been updated to account for more months as theseare now available for longer duration.
•        Item level aggregates for new WPI are compile using Geometric Mean (GM) followinginternational best practice and as is currently used for compilation of All India CPI.
•        A high level Technical Review Committee has been set up for the first time to carry outdynamic review process in order to keep pace with the changing structure of the economy.


New Weighting Structure


          The major changes in weights, number of items and quotations between
WPI 2004-05 and WPI 2011-12 are given in the table below:



Major Group

Weights

No. of Items

No. of
Quotations

2004-05
2011-12
2004-05
2011-12
2004-05
2011-12
ALL COMMODITIES
100.00
100.00
676
697
5482
8331
PRIMARY ARTICLES
20.12
22.62
102
117
579
983
FUEL & POWER
14.91
13.15
19
16
72
442
MANUFACTUREDPRODUCTS

64.97

64.23

555

564

4831

6906

          The index basket of the new series has a total of 697 items including 117 items for Primary Articles,16 items for Fuel & Power and 564 items foManufactured Products.


Primary Articles


          In the Primary Articles, new vegetables and fruits such as Radish, Carrot, Cucumber, Bitter Gourd,Mosambi, Pomegranate, Jack Fruit, Pear etc have been added. I the  minera group items like  Copper Concentrate, Lead Concentrate and Garnet have been added whereas Copper Ore, Gypsum,Kaolin, Dolomite, Magnesite have been deleted. Natural Gas has been addeas a new item.


Fuel and Power


          In the Fuel and Power Major Group, the index for non-cokin coal will also be available at adisaggregate level based on Gross Calorific Value ( GCV) to cater to the requirements of diverse usergroups:
•        Non-Coking Coal G1 to G6 [GCV > 5500 Kcal/kg.]
•        Non-Coking Coal G7 to G14 [GCV 3100 Kcal/kg to 5500 Kcal/kg]
•        Non-Coking Coal G15 to G17 [GCV < 3100 Kcal/kg.] The item coke has beendropped.


          The index for electricity in the new series will be compiled as a single item in compariso to  the  separate  indice according  to  usage i agriculture, industry, domestic, commercial, and railways in2004-05 series. In the new series, monthl average rate of  sal of  power o 49 selected generating stations covering Hydro and Thermal sectors is being used to compile the index foelectricity.


           In the Mineral oil sub-group, Light Diesel Oil has been deleted in view of itdecreasing importancewhile Petroleum coke has been added as a new item owing to its growing importance. There have beensome changes in weights of the retained mineral fuels. The number of quotations has been increased significantly to give wider geographical coverage.

Manufactured Products


          A major review of manufactured products has been carried out. Accordingly, the number of 2 digitgroups has been increased from 12 to 22 in the new series in keeping with National IndustrialClassification (NIC) 2008. Around
173 new items like Conveyer Belt, Rubber Tread, Steel Cables, Tissue PaperWooden Splint, XLPECompound have been added while 135 items likKhandsari, Papad, Video CD-Players, etc., have beendropped.


WPI Food Index


          A new Foo Index is being  compiled combining  the  Food  Articles” under  Primary  Articles”an Food  Products”  under  Manufactured Products. Together with the  Consumer Foo PriceIndex  released by Central Statistics Office, this would help monitor the price situation of food itemsbetter.


Technical Review Committee


          In order to address important technical issues such as substitution of source of data, change inspecification of products and other data/methodological issues which require continuous review on adynamic basis so that the neWPI  series remains  relevant till the  lif of  the  series, a institutional mechanism has been established for the first time for facilitating seamless substitution odormantsource, dynamic revision of item list of products and the panel of factories through Technical ReviewCommittee (TRC) chaired by Secretary, Department of Industrial Policy & Promotion. This committee will meet at least once a year for inter-alia recommending methodology for improving the coverage andquality of WPI like identifying  new items that need to be included in the item basket and removingthose that have lost its relevance or are no longer being produced. The composition of the TRC is atAnnex 2.


Index numbers and Inflation rate


          Based on the monthly price data provided by the source agencies the month- wise indices and inflationrates have been worked out. The monthly indices fothe new series with base 2011-12 from April 2012through March 2017 at

the  Major  Group  level  are provided a Statement  I Th month-wise comparative inflation rates at the Major Group level for the WPI series with base 2011-12 vis-à-vis 2004-05 are provided atStatement II. The annuaaverage inflatio rates at the Major  Grou level for both  the series are provided at Statement III.


Linking Factor


            In view of the conceptual and methodological difference between the  2004-05 and 2011-12 series,the estimate of linking factor will vary depending  on the type of method used. Therefore, users are free tochoose any method as may be considered appropriate by them. However, as in the past, in order to maintain continuity in the time series data on wholesale price index, the linking factor using the arithmeticconversion method for All Commoditieand the three major groups of WPI are given in the Table below.



WPI (Base2004-05)  for 2011-12
Linking Factor
All Commodities
156.1
1.561
Primary articles
200.3
2.003
Fuel & Power
169.0
1.690
Manufactured Products
139.5
1.395


Major conceptual differences between WPI (2004-05) with WPI (2011-12)


      Users of the new WPI series (base 2011-12) while comparing with the old series may take note of the following conceptual differences:
a The item basket has been revised with inclusion of new items and exclusion of old ones.Basket of commodities has been selecteafresh  i orde to  captur th structura changes tha have occurred in the economy. As such, there may not be one-to-one matchfor all the commodities in the two series.
b) The number of 2 digit groups in Manufactured products habeen increased from 12 to 22 inkeeping with NIC- 2008.
c)  There has bee a increas in  number  of  source agencies  igeneral acrosall Major Groups.   Dormant/closed sources have been removed.

d) Item level prices do not include indirect taxes. Item level indices are compiled using geometricmean (GM) whereas in the 2004-05 series arithmetic mean (AM) was used.
e The electricity sector is now a single item group that includes data relating to average rate ofsale of power by generating stations tdistributors. In contrast, in WPI (Base 2004-05) retaillevel tariffapplicable t different   sector such  a agriculture, industry, domestic,commercial and railways were used for compilation oWPI for electricity.


NOTE:
i.    This press information is also available at the website of Office of
Economic Adviser at http://eaindustry.nic.in/.
ii.      Press Release of the final index for February 2017 with base 2004-05 and provisional  inde for  April  2017 (base 2011-12=100) will  bavailable at the website of Office of EconomicAdviseahttp://eaindustry.nic.in/.
iii.      Monthly index numbers based on new WPI series from April 2012 onwards are available at thewebsite of Office of Economic Adviser ahttp://eaindustry.nic.in/.

Annex 1


The Terms of Reference of the Working Group for revision of WPI (Base

2004-05)


1.         To selec the most appropriate  Base Year for the preparation of a new official series of IndexNumbers of Wholesale Price (WPI), Producers PricIndex (PPI) and Business Service Price Index(BSPI) in India.

2.         To review commodity basket of the current series of WPI, PPI and BSPI and suggest additions/ deletions of commodities in the light of structural changes in the economy witnessed since 2004-05.

3.         To evolve a suitable system for allocation weight to the various commodities to be included in theWPI/ PPI/BSPI basket.

4.         To decide the computational methodology to be adoptefor Monthly WPI/ PPI.

5.         To suggest methods for ensuring smooth flow of data and also to look into the possibility of havinga single agency for collecting data for Wholesale Price Index (WPI) and Index of IndustrialProduction (IIP).

6.         To suggest any other improvements as may be necessary for enhancing the reliability of the officialseries oWPI/PPI/BSPI.

Annex 2

Composition of thTechnical Review Committee


1.
Secretary, D/o Industrial Policy and Promotion (DIPP)
Chairman
2.
Secretary, M/o Statistics and Programme Implementation
Member
3.
Chief Economic Adviser, Ministry of Finance
Member
4.
Principal Economic Adviser, DIPP
Member
5.
Economic Adviser, DIPP
Member Secretary


I.     Terms of Reference of thTRC


i.      Reviewing periodically the list of products in the item basket of WPI and suggestingmethodolog for inclusion of new important items in and exclusion of  outdate itemsfro th existing basket as  an when warranted.
ii.      Reviewing periodically the panel of factories for compilation of WPI and suggestmethodology for including new representative units that emergeafter the roll out of theseries in the existing panel, along with suggestinadjustment of the back series.
iii.      Th Committee wil also  consider   cases of  closed units  during the currency of thebase year and recommend the methodology for replacing such units by new ones.
iv.      Reviewing periodically   the  items  in   the  item  basket  tha exhibit extraordinarilyhigh increase/ decline in index during the currency of a fixed base year and proposenormalization methodology.
v.      Suggest methodolog fo adjusting price of  items  wit frequently changingspecification.
vi.      Recommending  appropriate  methodologica intervention  to  improve coverage, qualityand timeliness of the WPI
vii.    The TRC with meet at least once a year.

STATEMENT I:
Monthly indices at All Commodities and Major Group level of new series of
WPI with base 2011-12






Sector

All commodities
Primary
Articles
Fuel and
Power
Manufactured
Products
Weights
(%)

100

22.61756

13.1519

64.23054
Apr-12
104.7
107.1
106.3
103.5
May-12
105.3
107.5
106.7
104.2
Jun-12
105.3
107.9
105.5
104.4
Jul-12
106.2
111.4
103.5
104.9
Aug-12
106.9
112.7
104.8
105.3
Sep-12
107.6
112.0
108.1
105.9
Oct-12
107.4
111.0
107.5
106.1
Nov-12
107.3
112.2
106.7
105.6
Dec-12
107.1
111.9
107.1
105.3
Jan-13
108.0
113.8
108.9
105.8
Feb-13
108.4
115.2
109.8
105.8
Mar-13
108.6
114.6
109.8
106.2
Apr-13
108.6
114.6
108.0
106.5
May-13
108.6
116.8
105.2
106.4
Jun-13
110.1
120.5
107.9
106.8
Jul-13
111.2
121.7
112.0
107.4
Aug-13
112.9
125.6
114.2
108.1
Sep-13
114.3
126.0
119.2
109.1
Oct-13
114.6
128.4
117.0
109.2
Nov-13
114.3
128.4
116.2
108.9
Dec-13
113.4
123.3
118.3
109.0
Jan-14
113.6
121.2
119.9
109.5
Feb-14
113.6
121.1
118.9
109.9
Mar-14
114.3
121.4
119.3
110.7
Apr-14
114.1
121.5
116.5
111.0
May-14
114.8
124.0
116.2
111.3
Jun-14
115.2
125.7
115.1
111.5
Jul-14
116.7
130.1
117.1
111.8
Aug-14
117.2
131.5
116.6
112.3
Sep-14
116.4
129.4
114.9
112.2



Sector

All commodities
Primary
Article
Fuel and
Power
Manufactured
Products
Weights
(%)

100

22.61756

13.1519

64.23054
Oct-14
115.6
127.3
112.6
112.1
Nov-14
114.1
126.5
106.6
111.3
Dec-14
112.1
123.1
101.3
110.5
Jan-15
110.8
120.8
94.5
110.6
Feb-15
109.6
120.7
88.5
110.1
Mar-15
109.9
120.1
92.0
110.0
Apr-15
110.2
121.5
91.3
110.1
May-15
111.4
123.4
95.5
110.5
Jun-15
111.8
124.9
96.4
110.3
Jul-15
111.1
124.3
93.8
109.9
Aug-15
110.0
125.4
87.6
109.2
Sep-15
109.9
125.9
85.7
109.2
Oct-15
110.1
126.4
85.6
109.4
Nov-15
109.9
127.1
85.5
108.8
Dec-15
109.4
126.7
84.8
108.4
Jan-16
108.0
124.3
79.8
108.0
Feb-16
107.1
122.1
75.5
108.3
Mar-16
107.7
123.0
76.5
108.8
Apr-16
109.0
126.1
78.3
109.2
May-16
110.4
128.8
81.3
109.8
Jun-16
111.7
132.0
85.2
110.0
Jul-16
111.8
131.8
84.7
110.3
Aug-16
111.2
131.4
81.1
110.2
Sep-16
111.4
130.6
83.2
110.4
Oct-16
111.5
129.1
84.6
110.8
Nov-16
111.9
128.8
87.3
111.0
Dec-16
111.7
126.8
88.4
111.1
Jan-17
112.6
126.7
93.1
111.6
Feb-17
113.0
127.0
94.5
111.8
Mar-17
113.4
127.9
94.6
112.1
Apr-17
113.2
128.4
92.8
112.1




 
 
STATEMENTII:

Month-wise comparative Inflation Rates of WPI (%) at Major Group level: Base 2011-12 vis-vis 2004-05

A. All Commodities




Baseyear
Weights
(%)

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13
2011-12
100.00
4.7
5.3
5.3
6.2
6.9
7.6
7.4
7.3
7.1
8.0
8.4
8.6
2004-05
100.00
7.5
7.5
7.6
7.5
8.0
8.1
7.3
7.2
7.3
7.3
7.3
5.7


Baseyear
Weights
(%)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Oct-13

Nov-13

Dec-13

Jan-14

Feb-14

Mar-14
2011-12
100.00
3.7
3.1
4.6
4.7
5.6
6.2
6.7
6.5
5.9
5.2
4.8
5.2
2004-05
100.00
4.8
4.6
5.2
5.9
7.0
7.0
7.2
7.5
6.4
5.1
5.0
6.0


Baseyear
Weights
(%)

Apr-14

May-14

Jun-14

Jul-14

Aug-14

Sep-14

Oct-14

Nov-14

Dec-14

Jan-15

Feb-15

Mar-15
2011-12
100.00
5.1
5.7
4.6
4.9
3.8
1.8
0.9
-0.2
-1.1
-2.5
-3.5
-3.8
2004-05
100.00
5.5
6.2
5.7
5.4
3.9
2.4
1.7
-0.2
-0.5
-0.9
-2.2
-2.3


Baseyear
Weights
(%)

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Feb-16

Mar-16
2011-12
100.00
-3.4
-3.0
-3.0
-4.8
-6.1
-5.6
-4.8
-3.7
-2.4
-2.5
-2.3
-2.0
2004-05
100.00
-2.4
-2.2
-2.1
-4.0
-5.1
-4.6
-3.7
-2.0
-1.1
-1.1
-0.9
-0.5


Baseyear
Weights
(%)

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17
2011-12
100.00
-1.1
-0.9
-0.1
0.6
1.1
1.4
1.3
1.8
2.1
4.3
5.5
5.3
2004-05
100.00
0.8
1.2
2.1
3.7
3.9
3.8
3.8
3.4
3.7
5.5
6.5
5.7




B. Primary Articles




Baseyear
Weights
(%)

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13
2011-12
22.61756
7.1
7.5
7.9
11.4
12.7
12.0
11.0
12.2
11.9
13.8
15.2
14.6
2004-05
20.11815
9.6
10.3
9.7
10.5
11.2
9.2
7.8
9.6
10.6
11.4
10.5
7.4


Baseyear
Weights
(%)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Oct-13

Nov-13

Dec-13

Jan-14

Feb-14

Mar-14
2011-12
22.61756
7.0
8.7
11.7
9.2
11.4
12.5
15.7
14.4
10.2
6.5
5.1
5.9
2004-05
20.11815
5.1
5.7
8.8
9.7
13.6
14.0
14.6
15.3
10.8
6.8
6.3
7.3


Baseyear
Weights
(%)

Apr-14

May-14

Jun-14

Jul-14

Aug-14

Sep-14

Oct-14

Nov-14

Dec-14

Jan-15

Feb-15

Mar-15
2011-12
22.61756
6.0
6.2
4.3
6.9
4.7
2.7
-0.9
-1.5
-0.2
-0.3
-0.3
-1.1
2004-05
20.11815
7.0
8.6
7.0
6.8
3.7
2.0
0.8
-1.6
0.3
1.4
1.0
-0.2


Baseyear
Weights
(%)

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Feb-16

Mar-16
2011-12
22.61756
0.0
-0.5
-0.6
-4.5
-4.6
-2.7
-0.7
0.5
2.9
2.9
1.2
2.4
2004-05
20.11815
0.5
-1.1
-0.5
-4.0
-4.2
-2.3
0.0
2.2
4.6
4.3
2.0
3.0


Baseyear
Weights
(%)

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17
2011-12
22.61756
3.8
4.4
5.7
6.0
4.8
3.7
2.1
1.3
0.1
1.9
4.0
4.0
2004-05
20.11815
3.4
5.5
6.6
9.7
7.8
5.4
4.2
2.0
0.9
2.3
5.0
4.6




 
 
C. Fuel & Power




Baseyear
Weights
(%)

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13
2011-12
13.15190
6.3
6.7
5.5
3.5
4.8
8.1
7.5
6.7
7.1
8.9
9.8
9.8
2004-05
14.91021
12.1
11.5
12.1
8.4
8.7
12.0
11.6
10.0
10.2
9.3
10.6
7.8


Baseyear
Weights
(%)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Oct-13

Nov-13

Dec-13

Jan-14

Feb-14

Mar-14
2011-12
13.15190
1.6
-1.4
2.3
8.2
9.0
10.3
8.8
8.9
10.5
10.1
8.3
8.7
2004-05
14.91021
8.3
7.3
7.5
11.4
12.7
11.7
10.5
11.1
10.9
9.8
8.7
11.8


Baseyear
Weights
(%)

Apr-14

May-14

Jun-14

Jul-14

Aug-14

Sep-14

Oct-14

Nov-14

Dec-14

Jan-15

Feb-15

Mar-15
2011-12
13.15190
7.9
10.5
6.7
4.6
2.1
-3.6
-3.8
-8.3
-14.4
-21.2
-25.6
-22.9
2004-05
14.91021
9.3
10.5
9.0
7.4
4.5
1.3
0.5
-4.5
-7.8
-11.0
-14.8
-12.2


Baseyear
Weights
(%)

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Feb-16

Mar-16
2011-12
13.15190
-21.6
-17.8
-16.2
-19.9
-24.9
-25.4
-24.0
-19.8
-16.3
-15.6
-14.7
-16.8
2004-05
14.91021
-13.0
-9.4
-8.9
-11.6
-16.2
-17.7
-16.3
-11.0
-9.1
-9.9
-7.1
-8.3


Baseyear
Weights
(%)

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17
2011-12
13.15190
-14.2
-14.9
-11.6
-9.7
-7.4
-2.9
-1.2
2.1
4.2
16.7
25.2
23.7
2004-05
14.91021
-4.8
-5.8
-2.8
-1.0
1.6
5.6
6.2
7.1
8.7
18.1
21.0
18.2








D. Manufactured Products




Baseyear
Weights
(%)

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13
2011-12
64.23054
3.5
4.2
4.4
4.9
5.3
5.9
6.1
5.6
5.3
5.8
5.8
6.2
2004-05
64.97164
5.3
5.2
5.4
5.9
6.4
6.5
5.9
5.4
5.0
4.9
4.8
4.3


Baseyear
Weights
(%)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Oct-13

Nov-13

Dec-13

Jan-14

Feb-14

Mar-14
2011-12
64.23054
2.9
2.1
2.3
2.4
2.7
3.0
2.9
3.1
3.5
3.5
3.9
4.2
2004-05
64.97164
3.7
3.3
2.9
2.6
2.3
2.4
2.8
2.9
3.0
3.0
3.4
3.7


Baseyear
Weights
(%)

Apr-14

May-14

Jun-14

Jul-14

Aug-14

Sep-14

Oct-14

Nov-14

Dec-14

Jan-15

Feb-15

Mar-15
2011-12
64.23054
4.2
4.6
4.4
4.1
3.9
2.8
2.7
2.2
1.4
1.0
0.2
-0.6
2004-05
64.97164
3.7
3.9
3.9
4.1
3.7
3.0
2.5
1.9
1.4
1.0
0.3
-0.2


Baseyear
Weights
(%)

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Feb-16

Mar-16
2011-12
64.23054
-0.8
-0.7
-1.1
-1.7
-2.8
-2.7
-2.4
-2.2
-1.9
-2.4
-1.6
-1.1
2004-05
64.97164
-0.5
-0.5
-0.8
-1.5
-2.0
-1.7
-1.7
-1.4
-1.5
-1.2
-0.5
0.1


Baseyear
Weights
(%)

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17
2011-12
64.23054
-0.8
-0.6
-0.3
0.4
0.9
1.1
1.3
2.0
2.5
3.3
3.2
3.0
2004-05
64.97164
1.0
1.2
1.3
2.0
2.5
2.5
2.9
3.1
3.8
4.0
3.7
3.0








STATEMENT III:

Annual Average Inflation Rates of WPI (%) at Major Group level: Base 2011-12 vis-vis 2004-05



Major Groups

Base year

Weights (%)

2012-13

2013-14

2014-15

2015-16

2016-17

All commodities
2011-12
100
6.9
5.2
1.2
-3.7
1.7
2004-05
100
7.4
6
2
-2.5
3.7


I    PrimarArticles
2011-12
22.6176
11.4
9.9
2.2
-0.4
3.5
2004-05
20.1182
9.8
9.8
3
0.3
4.7


II   Fuel & Power
2011-12
13.1519
7.1
7.1
-6.1
-19.7
-0.1
2004-05
14.9102
10.4
10.1
-0.9
-11.6
5.6

III   Manufactured
Products
2011-12
64.2305
5.3
3
2.5
-1.8
1.4
2004-05
64.9716
5.4
3
2.4
-1.1
2.6





Courtesy: pib.nic.in

No comments:

Cabinet approves introduction of the Dentists (Amendment) Bill, 2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of the Dentists (Amendment) Bi...