The inflation rates based on CPI, SPI and WPI for the period of three years and three months with respect to the corresponding period/month.
July-November over corresponding period of last year:
The inflation rates based on CPI, SPI and WPI for the year 2007-08 increased by 7.85%, 10.87% and 9.88% respectively over the corresponding period of 2006-07. It increased by 8.29%, 11.25% and 7.75% respectively, in 2006-07 over the corresponding period of 2005-06.
In 2005-06, the rate of inflation increased by 8.41%, 6.78% and 11.00 % respectively over the same period of 2004-05. An analysis of data for last three years for the same period indicates that CPI was lower as compared to last two years but SPI
was higher as compared to 2005-2006 while lower as compared to 2006-07. Whereas, WPI in 2007-08 was higher as compared to 2006-07 but WPI was lower as compared to 2005-06.
November over corresponding month of previous year:
The inflation rates based on CPI, SPI & WPI in November, 2007 increased by 8.67%, 11.01% and 12.64% over November, 2006 respectively. CPI, SPI and WPI in November 2006 increased by 8.07%, 13.38% and 7.46% respectively over November, 2005 and in November, 2005 the CPI, SPI and WPI increased by 7.89%, 5.37% and 10.91% respectively over November, 2004.
An analysis of data for three years for the same period indicates that CPI, SPI & WPI in 2007-08were higher as compared to last two years, whereas SPI was higher as compared to November, 2005 but lower as compared to November, 2006.
November over previous month:
The inflation rates based on CPI, SPI & WPI in November, 2007 increased by 0.14%, 0.85% and 1.63% and 1.82% over October, 2007 respectively. During November, 2006, CPI & SPI increased by 0.73%, 2.34% and 0.89 over October, 2006 respectively. However, CPI, SPI & WPI in November, 2005 increased by 0.76%, 0.88% and 0.18% over October, 2005 respectively.
Consumer Price Index (CPI):
The Consumer Price Index during the month of November, 2007 increased by 0.14% over October, 2007 and increased by 8.67% over corresponding month of last year.
The main commodities, which showed an increase in their prices during November 2007 over October, 2007 are as under:-
• Apparel, textile & footwear:- Woolen readymade garments (1.80%), silk, linen, woolen/cloths (1.00%) and footwear (0.89%).
• Cleaning, laundry & personal appearance:- Jewellery (8.60%) and watches (2.98%).
Sensitive Price Indicator (SPI):-
During five weeks of November, 2007, Sensitive Price Indicator increased at an average of 0.85% over October, 2007.
Wholesale Price Index (WPI):-
The wholesale price index during November, 2007 increased by 1.63% over October, 2007, it increased by 12.63% over the corresponding month of last year.
The main commodities which showed an increase in their prices in November 2007 over October 2007 are as under:-
• Raw materials: Cotton seeds (10.59%), cotton (8.55%), mustard/rapeseeds (4.78%), skins (1.26%) and wool (0.92%).
• Manufactures: chemicals (3.47%), soaps (2.10%), woolen textile (1.73%) and mattresses (1.42%).
