Wholesale price index for cement base year 1993-94
The office of the Economic Adviser to the Government of India, Ministry of Commerce & Industry, has replaced the old series (Base:1981-82=100) by a new series with a base 1993-94=100 for the Wholesale Price Index with effect from the week ending 1st April, 2000. The Wholesale Prices Index (WPI) with base year 1993-94=100 reflected the structure of economy nearly 15 years ago. In order to adequately capture the current structure of the economy, Office of Economic Adviser, Ministry of Commerce and Industry, Government of India, shifted the base year of WPI to 2004- 05=100 from 1993-94=100. For the week ended 25/02/2006, the final Wholesale Price Index for 'All Commodities' (Base:1993-94=100) stood at 196.8 as against 197.0 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 4.18 percent as against 4.29 percent (Provisional) respectively reported earlier vide press note Wholesale price index calculated with 2011-12 base year does not include taxes in order to remove the impact of fiscal policy. This also brings the present WPI series closer to Producer Price Index, as is practised globally. A Producer Price Index reflects the change in average prices that producers get. Wholesale price index comprises as far as possible all transactions at first point of bulk sale in the domestic market. Provisional monthly WPI for All Commodities is released on 14th of every month (next working day, if 14th is holiday).
In view of the conceptual and methodological difference between the 2004-05 and 2011-12 series of Wholesale Price Index, the estimate of linking factor will vary depending on the type of method used. Therefore, users are free to choose any method as may be considered appropriate by them.
The set of Wholesale Price Index numbers with base year 1993-94 was introduced with effect from April, 2000. Significant structural changes have taken place in 24 Nov 2014 Labour, Fuel, Machinery Cement Steel and Other Materials except bitumen 1.4 The WPI (Wholesale Price Index) measures and tracks the price of a 2.2 Prior to 14 Sep 2010, the WPI of base year 1993-94 with effect from Group/Sub-Group-wise Monthly Index Numbers of Wholesale Prices for All Monthly Wholesale Price Index (WPI) of All Commodities in India {Base Year : 1981-82/1993-94/2004-05/2011-12=100) Assessment of Energy Efficiency Improvement and CO2 Emission Reduction Potentials in India's Cement Industry; navi 31 Mar 2007 Inflation rate in India is measured by the wholesale price index (WPI). Currently,. WPI (Base year 1993-94 =100) is a combined index of 435 grain mill products and edible oils in food products, metals and cement have. Price Index from 1957 to 2004 on Base year 1952- Calendar Year and Base Year-wise Wholesale Price. Index From 1994 to 2009 on Base year 1993-94= 100 of NON FERROUS OTHERS. 0.234. 47 TILES CERAMIC. 0.644 b. Cement . 6 May 2016 The following is the Wholesale Price year period? Wholesale Price Index ( WPI) of a select list of items with the base year of 1993-94. For instance, the price of cement went up by 1% in 1994-95 as compared to 1993-94. 20 Oct 2009 The revamped wholesale price index would cover about 900 items. and the base year is being brought forward from 1993-94 to 2004-05.
It was then that a price index was compiled, with base as the entire year ending revised series of wholesale prices available since April 2000 has 1993-94 as.
Wholesale Price Index - WPI: The wholesale price index is an index that measures and tracks the changes in the price of goods in the stages before the retail level. WPI shows the average price Wholesale price index calculated with 2011-12 base year does not include taxes in order to remove the impact of fiscal policy. This also brings the present WPI series closer to Producer Price Index, as is practised globally. A Producer Price Index reflects the change in average prices that producers get. The current series of Wholesale Price Index has 2004-05 as the base year. Latest revision of WPI has been done by shifting base year from 1993-94 to 2004-05 on the recommendations of the Working Group set upwith Prof Abhijit Sen,, Member, Planning Commission as Chairman for revision of WPI series. (not seasonally adjusted data) Commodity Producer Price Index - Concrete and related products; Historical data Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Wholesale price index comprises as far as possible all transactions at first point of bulk sale in the domestic market. Provisional monthly WPI for All Commodities is released on 14th of every month (next working day, if 14th is holiday). Wholesale Price Index and its effect on Price Escalation of materials for Base year Year of introduction No. of commodities Groups of commodities No of 5) 1970-71 Jan, 1977 360 3 1295 6) 1981-82 July, 1989 447 3 2371 7) 1993-94 April, 2000 435 3 1918 8) 2004-05 Sept, 2010 676 3 5482 Hence, the commodity basket is tentative. How is WPI (Wholesale Price Index) calculated? In this method, a set of 435 commodities and their price changes are used for the calculation. The selected commodities are supposed to represent various strata of the economy and are supposed to give
Central Statistics Office provides Consumer Price Index with base 2012=100. more than 10 per cent during January 2020 when compared to year-ago period.
Central Statistics Office provides Consumer Price Index with base 2012=100. more than 10 per cent during January 2020 when compared to year-ago period.
Price Index from 1957 to 2004 on Base year 1952- Calendar Year and Base Year-wise Wholesale Price. Index From 1994 to 2009 on Base year 1993-94= 100 of NON FERROUS OTHERS. 0.234. 47 TILES CERAMIC. 0.644 b. Cement .
The office of the Economic Adviser to the Government of India, Ministry of Commerce & Industry, has replaced the old series (Base:1981-82=100) by a new series with a base 1993-94=100 for the Wholesale Price Index with effect from the week ending 1st April, 2000. The Wholesale Prices Index (WPI) with base year 1993-94=100 reflected the structure of economy nearly 15 years ago. In order to adequately capture the current structure of the economy, Office of Economic Adviser, Ministry of Commerce and Industry, Government of India, shifted the base year of WPI to 2004- 05=100 from 1993-94=100.
Wholesale price index comprises as far as possible all transactions at first point of bulk sale in the domestic market. Provisional monthly WPI for All Commodities is released on 14th of every month (next working day, if 14th is holiday). What is an Index Number : (A) The Wholesale Price Index (base 1993-94) is usually considered as the headline inflation indicator in India. The wholesale price index (WPI) is based on the wholesale price of a few relevant commodities of over 240 commodities available. The commodities chosen for the calculation are based on their importance in the region and the point of time the WPI is employed. Wholesale Price Index and its effect on Price Escalation of materials for Base year Year of introduction No. of commodities Groups of commodities No of 5) 1970-71 Jan, 1977 360 3 1295 6) 1981-82 July, 1989 447 3 2371 7) 1993-94 April, 2000 435 3 1918 8) 2004-05 Sept, 2010 676 3 5482 Hence, the commodity basket is tentative. In view of the conceptual and methodological difference between the 2004-05 and 2011-12 series of Wholesale Price Index, the estimate of linking factor will vary depending on the type of method used. Therefore, users are free to choose any method as may be considered appropriate by them. As recorded history goes, Wholesale Price Indices for India have been published from the period of the Second World War. The first Economic Adviser to the Government of India in pre-Independence India, Sir Theodore E.G. Gregory (period 1937-1946) had started the ‘quick’ series, using the week ended August 19 1939 as base, and computed the Index from the week commencing January 10, 1942. The present base year for calculating wholesale price index is (A) 1993-94 (B) 1991-92 (C) 1961-62 (D) 1950-51