From the first part,
India uses 435 commodities for its WPI based inflation calculation. On a broader level, the 435 commodities are grouped into,
1. Primary Articles
2. Fuel, Power, Light & Lubricants
3. Manufactured Products
This post covers the second of the main groups, Fuel, Power, Light & Lubricants, which has a group weightage of 14.22624%. Fuel, Power, Light & Lubricants are further classified into various sub-groups as shown below.
Fuel, Power, Light & Lubricants
1. Coal Mining
2. Mineral Oils
3. Electricity
Following table shows the sub-groups and individual commodity weightages of the constituents of Fuel, Power, Light & Lubricants.
Group | Sub-Group | Commodity | Weightage | Sub-Group Weightage | Group Weightage |
Fuel, Power, Light& Lubricants | Coal Mining | Coking Coal | 0.24148 | 1.75291 | 14.22624 |
Non-coking Coal | 1.39670 | ||||
Coke | 0.01115 | ||||
Lignite | 0.10358 | ||||
Minerals Oil | LPG | 1.83731 | 6.98963 | ||
Petrol | 0.88815 | ||||
Kerosene | 0.68928 | ||||
Aviation Fuel | 0.16953 | ||||
High Speed Diesel | 2.02034 | ||||
Light Diesel | 0.16015 | ||||
Naphtha | 0.41885 | ||||
Bitumen | 0.14900 | ||||
Furnace Oil | 0.49335 | ||||
Lubricants | 0.16367 | ||||
Electricity | Domestic Use | 0.96026 | 5.4837 | ||
Commercial Use | 0.27690 | ||||
Agriculture | 1.94557 | ||||
Industry | 2.16918 | ||||
Railway | 0.13179 |
In the next part, we will cover Manufactured Products, its sub classifications, individual commodities and their weightages. Do visit again.
Series
- Commodities and their weightages in WPI calculation of India, Part I
- Commodities and their weightages in WPI calculation of India, Part II
- Commodities and their weightages in WPI calculation of India, Part III
Resources
- Office of the Economic Adviser, Ministry of Commerce and Industry, Govt. of India
Related Articles
- How is WPI inflation rate calculated in India?
- Inflation rates of India
- Base year and number of commodities used for inflation calculation in India
- The magic of Inflation
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