Ministry of Commerce & Industry

Index Numbers of Wholesale Price in India for the month of February, 2022 (Base Year: 2011-12)

Posted On: 14 MAR 2022 1:35PM by PIB Delhi

            The annual rate of inflation is 13.11% (Provisional) for the month of February, 2022 (over February, 2021) as compared to 4.83% in February, 2021.The high rate of inflation in February, 2022 is primarily due to rise in prices of mineral oils, basic metals, chemicals and chemical products, crude petroleum & natural gas, food articles andnon-food articles etc. as compared to the corresponding month of the previous year.

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade released index numbers of wholesale price in India (Base Year: 2011-12) for the month of February, 2022 (Provisional) and for the month of December, 2021 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) with a time lag of two weeks of the reference month and compiled with data received from institutional sources and selected manufacturing units across the country. After 10 weeks, the index is finalized and final figures are released and then frozen thereafter.

The annual change in the components of WPI index and inflation in the last three months is given below:

Index Numbers & Annual Rate of Inflation (Y-o-Y in %)*

All Commodities/Major Groups

Weight (%)

Dec-21 (F)

Jan-22 (P)

Feb-22 (P)

Index

Inflation

Index

Inflation

Index

Inflation

All Commodities

100.0

143.3

14.27

142.9

12.96

144.9

13.11

I Primary Articles

22.6

168.4

13.78

165.0

13.87

166.8

13.39

II Fuel & Power

13.2

133.8

38.08

133.2

32.27

139.0

31.50

III Manufactured Products

64.2

136.5

10.71

137.1

9.42

138.4

9.84

      Food Index

24.4

169.2

9.37

166.3

9.55

166.4

8.47

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

 

            The month over month change in WPI index for the month of February, 2022 stood at 1.4 % as compared to January, 2022. The monthly change in WPI index for last six-month is summarized below:

Month Over Month (M-o-M in %) change in WPI Index#

All Commodities/Major Groups

Weight

Sep-21

Oct-21

Nov-21

Dec-21

Jan-22(P)

Feb-22(P)

All Commodities

100.00

0.88

2.40

2.13

-0.28

-0.28

1.40

I. Primary Articles

22.62

1.48

3.36

3.31

0.00

-2.02

1.09

II. Fuel & Power

13.15

0.93

5.88

7.94

-1.62

-0.45

4.35

III. Manufactured Products

64.23

0.60

1.42

0.52

-0.07

0.44

0.95

     Food Index

24.38

1.25

2.84

2.34

-0.82

-1.71

0.06

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

 

Month over Month Change in Major Groups of WPI:

 

  1. Primary Articles (Weight 22.62%):-The index for this major group increased by 1.09% to 166.8 (provisional) in February, 2022 from 165.0 (provisional) for the month of January, 2022. Prices of Crude Petroleum & Natural Gas (14.25%), Non-food Articles (3.28%) and Minerals (3.17%) increased in February, 2022 as compared to January, 2022. Prices of Food Articles (-0.87%) declined in February, 2022 as compared to January, 2022.
  2. Fuel & Power (Weight 13.15%):-The index for this major group increased by 4.35% to 139.0 (provisional) in February, 2022 from 133.2 (provisional) for the month of January, 2022. Prices of Mineral Oils (7.22%) increased in February, 2022 as compared to January, 2022. Prices of coal and electricity remain unchanged.
  3. Manufactured Products (Weight 64.23%):-The index for this major group increased by 0.95% to 138.4 (provisional) in February, 2022 from 137.1 (provisional) for the month of January, 2022. Out of the 22 NIC two-digit groups for Manufactured products, 18 groups that have witnessed increase in prices while 3 groups have witnessed decrease in prices in February, 2022 as compared to January, 2022. The increase in prices is mainly contributed by basic metals; textiles; paper and paper products; chemical and chemical products. Some of the groups that have witnessed decrease in prices are manufacture of fabricated metal products, except machinery and equipment; printing and reproduction of recorded media and tobacco products. While the prices ofManufacture of rubber and plastics products remain unchanged in February, 2022 as compared to January, 2022.

 

WPI food index (Weight 24.38%): The Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group have increased from 166.3 in January, 2022 to 166.4 in February, 2022. The rate of inflation based on WPI Food Index decreased from 9.55% in January, 2022 to 8.47% in February, 2022.

 

Final index for the month of December 2021 (Base Year: 2011-12=100): For the month of December, 2021 the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 143.3 and 14.27% respectively.The details of All India Wholesale Price Indices and Rates of Inflation for different commodity groups for February, 2022 are at Annex I. The Annual rate of Inflation (Y- o-Y) based on WPI for different commodity groups in the last six months are at Annex II. The WPI Index for different commodity groups in the last six months is at Annex III.

 

Response Rate: The WPI for February, 2022 have been compiled at a weighted response rate 80.0 percent, while the final figure for December, 2021 is based on the weighted response rate of 91.3 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 at our home page http://eaindustry.nic.in

 

Next date of Press Release: Index Numbers of WPI for the month of March, 2022 would be released on 18/4/2022.

 

For Kind Attention

The data collection of New Series of WPI (Base 2017-18) has also started with help of the Field Operation Division, National Statistical office, Government of India. The Industry Associations may ask industrial establishments (if selected) spread across the country to cooperate with the Survey Supervisor/Survey Enumerators of the NSO in collection of data since April 2017 on monthly basis.

 

 

Annex-I

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

 

Commodities/Major Groups/Groups/Sub-Groups/Items

Weight

Index (Latest Month) *

Latest month over month

Cumulative Inflation (YoY)

WPI Based rate of Inflation (YoY)

2020-2021

2021-2022*

2020-2021

2021-2022*

Feb-21

Feb- 2022*

ALL COMMODITIES

100.00

144.90

1.26

1.40

0.70

12.74

4.83

13.11

I. PRIMARY ARTICLES

22.62

166.80

1.52

1.09

1.21

9.52

3.01

13.39

A. Food Articles

15.26

170.40

1.09

-0.87

3.13

3.74

1.81

8.19

Cereals

2.82

164.20

-0.19

0.37

-2.45

1.08

-6.58

6.07

Paddy

1.43

161.70

-0.19

-0.74

1.88

-0.91

-0.37

0.00

Wheat

1.03

166.10

0.34

0.91

-3.65

3.90

-10.58

11.03

Pulses

0.64

173.50

1.56

-0.29

11.49

7.24

10.25

2.72

Vegetables

1.87

212.60

-1.82

-9.99

3.99

-0.84

-2.95

26.93

Potato

0.28

169.30

-26.51

-1.40

58.47

-36.81

-30.16

14.78

Onion

0.16

267.00

14.75

0.56

-18.19

-6.88

31.28

-26.37

Fruits

1.60

168.10

5.83

3.77

0.21

11.33

9.40

10.30

Milk

4.44

157.80

0.58

0.25

4.75

2.11

3.54

1.87

Eggs, Meat & Fish

2.40

167.30

2.93

1.33

2.60

8.35

0.65

8.14

B. Non-Food Articles

4.12

170.20

-0.51

3.28

0.40

20.73

4.02

24.23

Oil Seeds

1.12

215.40

2.51

2.18

5.31

33.67

14.05

22.88

C. Minerals

0.83

204.80

6.66

3.17

5.56

16.77

17.09

11.12

D. Crude Petroleum & Natural gas

2.41

125.10

8.77

14.25

-21.21

53.33

5.29

46.14

Crude Petroleum

1.95

129.10

11.53

24.13

-21.41

74.58

19.54

55.17

II. FUEL & POWER

13.15

139.00

4.97

4.35

-9.60

32.47

2.03

31.50

LPG

0.64

126.40

13.49

-5.53

-4.17

45.84

1.42

26.27

Petrol

1.60

140.60

9.49

7.00

-14.73

63.85

4.96

58.33

HSD

3.10

145.60

10.10

7.93

-17.24

59.73

3.16

53.59

III. MANUFACTURED PRODUCTS

64.23

138.40

0.56

0.95

2.29

11.03

6.06

 

9.84

 

Mf/o Food Products

9.12

159.80

0.96

1.78

5.21

11.77

7.01

9.00

Vegetable And Animal Oils and Fats

2.64

188.90

3.40

4.42

18.77

31.84

27.15

14.90

Mf/o Beverages

0.91

128.40

0.65

0.94

0.75

1.93

0.56

3.05

Mf/o Tobacco Products

0.51

160.70

0.82

-0.19

2.51

1.89

2.58

1.07

Mf/o Textiles

4.88

142.40

1.46

1.71

-0.93

15.12

6.84

14.01

Mf/o Wearing Apparel

0.81

145.20

0.07

0.41

0.09

3.23

1.09

4.01

Mf/o Leather and Related Products

0.54

121.30

-1.60

0.17

-0.65

0.93

-1.19

3.94

Mf/o Wood and of Products of Wood and Cork

0.77

142.40

-0.07

0.07

0.43

4.74

2.64

4.55

Mf/o Paper and Paper Products

1.11

142.40

1.37

0.56

-0.20

12.79

4.49

13.29

Mf/o Chemicals and Chemical Products

6.47

139.30

1.90

1.38

-0.13

12.88

6.30

13.16

Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products

1.99

138.20

0.99

0.73

2.81

3.88

0.84

4.07

 

Mf/o Rubber and Plastics Products

2.30

127.10

0.17

0.00

1.78

12.49

7.78

9.29

 

Mf/o other Non-Metallic Mineral Products

3.20

126.30

0.43

0.48

0.55

5.03

1.20

7.12

Cement, Lime and Plaster

1.64

127.90

0.67

1.03

0.90

4.50

0.34

6.76

Mf/o Basic Metals

9.65

145.10

-1.38

1.61

3.77

25.43

13.18

19.82

Mild Steel - Semi Finished Steel

1.27

121.40

-1.49

1.25

4.00

19.18

10.00

14.96

Mf/o Fabricated Metal Products, Except Machinery and Equipment

3.15

133.00

0.84

-0.52

-0.11

12.68

5.32

10.19

 

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

 

 

Annex-II

 

Commodities/Major Groups/Groups/Sub-Groups/Items

Weight

WPI based inflation figures for last 6 months

Sep-21

Oct-21

Nov-21

Dec-21

Jan-22*

Feb-22*

ALL COMMODITIES

100.0

11.80

13.83

14.87

14.27

12.96

13.11

I. PRIMARY ARTICLES

22.62

5.98

7.38

10.21

13.78

13.87

13.39

A. Food Articles

15.26

-2.55

0.06

4.82

9.68

10.33

8.19

Cereals

2.82

1.33

3.15

3.98

5.16

5.48

6.07

Paddy

1.43

-1.64

-0.55

-0.18

0.25

0.56

0.00

Wheat

1.03

4.40

8.14

10.14

11.41

10.40

11.03

Pulses

0.64

9.30

5.01

2.84

3.91

4.63

2.72

Vegetables

1.87

-32.34

-17.45

3.44

31.46

38.45

26.93

Potato

0.28

-48.95

-50.10

-48.18

-42.48

-14.45

14.78

Onion

0.16

-1.91

-24.28

-34.39

-19.08

-15.98

-26.37

Fruits

1.6

12.78

16.70

15.50

15.16

12.50

10.30

Milk

4.44

1.95

1.75

1.81

2.08

2.21

1.87

Eggs, Meat & Fish

2.4

9.69

6.39

9.40

6.81

9.85

8.14

B. Non-Food Articles

4.12

29.48

18.41

13.41

19.28

19.68

24.23

Oil Seeds

1.12

51.13

26.39

24.88

27.80

23.27

22.88

C. Minerals

0.83

30.79

16.57

26.18

18.87

14.87

11.12

D. Crude Petroleum & Natural gas

2.41

48.96

86.36

71.11

47.50

39.14

46.14

     Crude Petroleum

1.95

79.29

106.77

84.46

51.38

39.41

55.17

II. FUEL & POWER

13.15

29.49

38.61

44.37

38.08

32.27

31.50

LPG

0.64

54.30

53.77

66.62

60.30

51.70

26.27

Petrol

1.60

54.85

69.74

89.75

75.13

62.02

58.33

HSD

3.10

51.80

75.13

87.14

70.55

56.68

53.59

III. MANUFACTURED PRODUCTS

64.23

11.57

12.87

12.34

10.71

9.42

9.84

Mf/o Food Products

9.12

12.86

12.81

10.67

8.75

8.13

9.00

Vegetable and Animal Oils and Fats

2.64

37.36

33.21

24.38

16.19

13.77

14.90

Mf/o Beverages

0.91

2.42

2.99

2.99

3.41

2.75

3.05

Mf/o Tobacco Products

0.51

2.96

1.65

1.92

2.99

2.09

1.07

Mf/o Textiles

4.88

17.34

17.42

18.24

16.88

13.73

14.01

Mf/o Wearing Apparel

0.81

4.12

4.27

3.37

3.95

3.66

4.01

Mf/o Leather and Related Products

0.54

0.00

1.10

0.68

1.01

2.11

3.94

Mf/o Wood and of Products of Wood and Cork

0.77

5.08

5.76

5.49

5.32

4.40

4.55

Mf/o Paper and Paper Products

1.11

12.43

14.91

16.33

16.41

14.19

13.29

Mf/o Chemicals and Chemical Products

6.47

12.92

14.98

15.40

14.29

13.74

13.16

Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products

1.99

3.46

4.21

3.18

3.56

4.33

4.07

Mf/o Rubber and Plastics Products

2.30

13.15

15.18

13.93

11.10

9.47

9.29

Mf/o other Non-Metallic Mineral Products

3.20

4.11

6.27

7.19

6.56

7.07

7.12

Cement, Lime and Plaster

1.64

4.10

5.95

8.23

6.18

6.39

6.76

Mf/o Basic Metals

9.65

27.36

32.14

28.79

22.54

16.29

19.82

Mild Steel - Semi Finished Steel

1.27

20.04

25.94

19.30

14.53

11.85

14.96

Mf/o Fabricated Metal Products, Except Machinery and Equipment

3.15

15.27

14.22

14.24

12.89

11.70

10.19

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

 

 

 

 

Annex-III

Commodities/Major Groups/Groups/Sub-Groups/Items

Weight

WPI Index for last 6 months

Sep-21

Oct-21

Nov-21

Dec-21

Jan-22*

Feb-22*

ALL COMMODITIES

100.0

137.4

140.7

143.7

143.3

142.9

144.9

I. PRIMARY ARTICLES

22.62

157.7

163.0

168.4

168.4

165.0

166.8

A. Food Articles

15.26

164.1

171.6

178.3

176.7

171.9

170.4

Cereals

2.82

159.5

160.4

161.9

162.9

163.6

164.2

Paddy

1.43

162.3

162.8

162.8

162.6

162.9

161.7

Wheat

1.03

156.6

159.4

162.9

164.1

164.6

166.1

Pulses

0.64

178.7

178.3

177.4

175.2

174.0

173.5

Vegetables

1.87

178.5

238.0

291.3

281.2

236.2

212.6

Potato

0.28

190.2

204.6

254.5

209.6

171.7

169.3

Onion

0.16

220.4

293.1

290.2

267.6

265.5

267.0

Fruits

1.6

168.6

173.3

167.7

163.3

162.0

168.1

Milk

4.44

156.8

157.3

157.5

157.3

157.4

157.8

Eggs, Meat & Fish

2.4

165.3

161.4

163.0

161.5

165.1

167.3

B. Non-Food Articles

4.12

161.2

153.7

156.5

164.6

164.8

170.2

Oil Seeds

1.12

235.0

199.7

202.3

210.1

210.8

215.4

C. Minerals

0.83

190.3

178.7

198.6

204.7

198.5

204.8

D. Crude Petroleum & Natural gas

2.41

100.4

118.9

115.5

109.3

109.5

125.1

     Crude Petroleum

1.95

101.3

116.0

111.6

104.0

104.0

129.1

II. FUEL & POWER

13.15

119.0

126.0

136.0

133.8

133.2

139.0

LPG

0.64

114.8

116.1

132.8

136.9

133.8

126.4

Petrol

1.60

114.9

125.1

138.9

133.1

131.4

140.6

HSD

3.10

118.1

131.7

141.1

136.1

134.9

145.6

III. MANUFACTURED PRODUCTS

64.23

134.0

135.9

136.6

136.5

137.1

138.4

Mf/o Food Products

9.12

158.8

158.5

157.6

156.6

157.0

159.8

Vegetable and Animal Oils and Fats

2.64

188.6

187.3

184.2

180.1

180.9

188.9

Mf/o Beverages

0.91

126.9

127.4

127.3

127.2

127.2

128.4

Mf/o Tobacco Products

0.51

159.9

160.2

159.1

161.9

161.0

160.7

Mf/o Textiles

4.88

133.3

134.8

138.1

139.2

140.0

142.4

Mf/o Wearing Apparel

0.81

144.0

144.2

144.2

144.7

144.6

145.2

Mf/o Leather and Related Products

0.54

118.7

119.0

118.7

119.8

121.1

121.3

Mf/o Wood and of Products of Wood and Cork

0.77

140.7

141.4

142.1

142.5

142.3

142.4

Mf/o Paper and Paper Products

1.11

133.9

137.2

139.6

141.2

141.6

142.4

Mf/o Chemicals and Chemical Products

6.47

131.1

134.3

136.4

136.8

137.4

139.3

Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products

1.99

134.5

136.0

136.2

136.6

137.2

138.2

Mf/o Rubber and Plastics Products

2.30

123.9

126.7

127.6

127.1

127.1

127.1

Mf/o other Non-Metallic Mineral Products

3.20

121.6

123.8

125.3

125.1

125.7

126.3

Cement, Lime and Plaster

1.64

124.5

126.5

128.9

127.1

126.6

127.9

Mf/o Basic Metals

9.65

137.8

143.9

143.6

141.9

142.8

145.1

Mild Steel - Semi Finished Steel

1.27

116.8

120.9

119.3

118.2

119.9

121.4

Mf/o Fabricated Metal Products, Except Machinery and Equipment

3.15

130.6

130.9

132.4

133.1

133.7

133.0

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

*****

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