(a)whether the prices of commodities in various sectors of the economy are
showing a rising trend;
(b)if so, the details thereof, sector-wise;
(c)whether the increase in price of essential commodities continued unabated
during the last three years and the wholesale inflation reached double digit in May 2010;
(d)if so, the facts and details thereof; and
(e)the steps taken or proposed to be taken to bring down inflation during the
remainder of the Eleventh Five Year Plan?
FINANCE MINISTER(SHRI PRANAB MUKHERJEE)
(a) to (e): A Statement is laid on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO. 85
BY SHRI BIBHU PRASAD TARAI AND SHRI MADHU GOUD YASKHI DUE FOR ANSWER ON 30th JULY, 2010
Different commodities show varying movements- upward or downward -in prices at
different points in time.
The sector wise average inflation for last 3 years is indicated in Table below
(Table 1).
Table 1 Sector wise average inflation in WPI for last three years (%)
Weight 2007- 2008- 2009- Apr- May- Jun- (%) 08 09 10 10 10 10
All commodities 100.00 4.61 8.44 3.85 11.23 10.16 10.55
Primary articles 22.03 7.52 10.20 11.00 17.06 16.60 16.28
Fuel,power,light 14.23 0.96 7.46 -2.36 12.89 13.05 14.32 & lubricants
Manufactured 63.75 4.92 8.15 32.69 8.18 6.41 6.66 products
Composite 25.43 3.57 7.59 8.72 15.16 14.56 12.73 food items
Composite 74.57 4.94 8.71 2.30 9.88 8.65 9.79 non-food items
30 Essential 17.63 2.22 8.16 18.02 16.80 15.45 13.15 commodities
Effective Reverse Repo Cash Since Repo Rate Reserve Ratio
February 13,2010 3.25 4.75 5.50
February 27,2010 3.25 4.75 5.75
March 19,2010 3.50 5.00 5.75
April 24,2010 3.75 5.25 6.00
July 2,2010 4.00 5.50 6.00
July 27,2010 4.50 5.75 6.00