GWPI

General Wholesale Price Index (1998=100) : October 2007

The year-on-year inflation rate of the General Wholesale Price Index (GWPI) rose to 5.1 percent in October from 3.2 percent in September. This can be attributed to the higher annual rates seen in the prices of food items (3.5% from 2.8%), crude materials, inedible except fuels (18.6% from 15.7%), mineral fuels, lubricants and related materials (10.4% from 3.0%), and chemicals, including animal and vegetable oils and fats (7.2% from 6.6%). However, inflation rate for beverages and tobacco slowed down to 2.0 percent from 2.2 percent while inflation for the rest of the commodity groups remained at their last month's positive rates.

General Wholesale Price Index (1998=100) : September 2007

The year-on-year inflation rate of the General Wholesale Price Index (GWPI) advanced to 3.2 percent in September from 0.8 percent in August. Annual price increments were higher in beverages and tobacco at 2.2 percent in September from 2.0 percent in August; crude materials, inedible except fuels, 15.7 percent from 10.8 percent; mineral fuels, lubricants and related materials, 3.0 percent from -7.3 percent; and chemicals, including animal and vegetable oils and fats, 6.5 percent from 5.4 percent. However, annual inflation rates for food and machinery and transport equipment correspondingly slowed down to 2.8 percent and 0.1 percent from 3.7 percent and 0.2 percent, respectively. Movements in the inflation rate of manufactured goods classified chiefly by materials and miscellaneous manufactured articles were still at their last month's respective rates of 5.0 percent and 0.9 percent.

General Wholesale Price Index (1998=100) : August 2007

The country's year-on-year inflation rate based on the General Wholesale Price Index (GWPI) grew by 0.8 percent in August, the same rate recorded in July. Annual inflation rates of beverages and tobacco and miscellaneous manufactured articles were correspondingly higher at 2.0 percent and 0.9 percent from 1.8 percent and 0.8 percent, respectively. On the other hand, the annual rate of change in the prices of mineral fuels, lubricants and related materials was still negative at -7.3 percent from -8.0 percent. Moreover, slower annual price increases were observed in food items at 3.7 percent from 3.9 percent; crude materials, inedible except fuels, 10.8 percent from 14.3 percent; chemicals, including animal and vegetable oils and fats, 5.4 percent from 6.1 percent; and manufactured goods classified chiefly by materials, 5.0 percent from 5.1 percent while inflation for machinery and transport equipment moved at its last month's rate of 0.2 percent.

General Wholesale Price Index (1998=100) : July 2007

Year-on-year inflation rate of the General Wholesale Price Index (GWPI) at the national level continued to move up at a slower pace of 0.5 percent in July compared to 1.3 percent growth in June. Annual price decreases were still noticed in mineral fuels, lubricants and related materials at -9.6 percent in July from -7.9 percent in June. Moreover, annual price increments in food items decelerated to 3.9 percent in July from 4.2 percent in June; crude materials, inedible except fuels, 14.3 percent from 20.3 percent; chemicals, including animal and vegetable oils and fats, 6.1 percent from 6.7 percent; manufactured goods classified chiefly by materials, 5.1 percent from 5.8 percent; and machinery and transport equipment, 0.2 percent from 1.0 percent. Inflation for beverages and tobacco was however higher at 1.8 percent from 1.6 percent while that for miscellaneous manufactured articles remained at its previous month? rate of 0.8 percent.

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