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PRICE TRENDS IN KARNATAKA 2013 Directorate of Economics & Statistics Bangalore

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PRICE TRENDS IN KARNATAKA 2013

Directorate of Economics & Statistics Bangalore

Government of Karnataka

PRICE TRENDS IN KARNATAKA 2013

Directorate of Economics & Statistics Bangalore

2014

No. DES 02 of 2014

ii

PREFACE

rices continue to be a cause of concern to the economy of a country

where the inflation rate is showing an upward trend. In order to have

a more closer and comprehensive idea of the price behavior, it is felt

necessary to trace the price movements at different intervals of time to access the

trends in Karnataka, in particular and the country as a whole notwithstanding the

variations in respect of certain specific commodities/groups.

For this, the prices of selected commodities are being collected on weekly,

fortnightly, monthly basis from selected markets and shops of the districts,

depending on the requirements by the Directorate. Index numbers are also being

generated based on this data. Several types of indices are being worked out by the

department to arrive at the price trends in the State.

The Directorate had decided to bring out “PRICE TRENDS IN KARNATAKA

- 2013” annually, from this year onwards. Earlier, this was being published once in

every five years. This publication has been prepared by the Prices Section of the

Directorate of Economics & Statistics.

I wish to place on record, their best efforts in processing the data, computing

the index and bringing out this publication as was desired. I hope this publication will

be of use to all those who are interested in “price statistics”.

I look forward suggestions for further improvement of this publication.

Place : Bangalore Date : 06.06.2014

(K.Lakshmipathy)

Director

P

iii

Sl. No

Particulars Page No

1 Introduction ... 1

2 Measurement of Fluctuations in Prices ... 2

3 Price Collection System in Karnataka ... 3

4 Price Trends

i. Wholesale Prices of Agricultural Commodities ... 4

ii. Retail Prices of Agricultural Commodities ... 7

iii. Wholesale Price Index Numbers of Agricultural Commodities

... 10

iv. (a) Farm Harvest Prices of Agricultural Commodities ... 18

(b) Farm Harvest Price Index Numbers of Agricultural Commodities ... 20

v. Consumer Price Index (CPI) Numbers

a) Industrial Workers ... 23

b) Agricultural Labourers ... 27

vi. Rural Retail Price Index Numbers ... 29

vii. Urban Retail Price Index Numbers ... 32

viii. Annexures ... A1 – A7

CONTENTS

f

1. INTRODUCTION

Prices play a very significant role in the economic development of a Country or State.

Prices affect both producers and consumers significantly. A rise in prices would upset all

developmental activities and also affect an individual’s household budget. Thus price

movement affects different sections of the population in different ways. Slow and steady

rise in prices is a must for healthy & progressive growth of the country. Whereas the

sudden rise or fall in the prices is bound to have an adverse effect on the whole economy.

The spurt in the prices or the movement of prices with a high acceleration is termed as high

inflation. Abnormal behavior of prices especially in case of food articles, causes a great

concern to administrators and public. The price rise is characterised by rising deficits, high

growth in money supply, depreciating rupee, nominal rates lagging behind real interest

rates and an abysmally low growth of employment.

The mechanism of prices is basically a function of supply and demand. In practical

terms, it therefore depends upon the Gross National Product (GNP) & money supply. The

purchasing power of money varies inversely with the price level. Price is often termed as a

Barometer of real purchasing power of the community. The changes in prices, both in

absolute and relative terms influence a wide range of economic activities and a constant

watch on prices becomes necessary for the operation and regulation of current economic

policies as well as for the purposes of planning and policy formulation. A rise in the price

level means a reduction in the purchasing power of money. Inflation may be caused due to

an excess demand over short supply of the commodities, pumping of more money in the

economy, unwise import/export policies, unsound taxation policies, natural calamities, war,

adverse seasonal conditions etc.

The State implements the policies formulated by the National level. The steps are

taken to ensure stability and to control prices of essential commodities to protect interest of

both consumer and producer, by adopting the procedure of procuring coarse grain from the

farmer at minimum supporting prices fixed by the Government of India, on the other side

the public distribution system was introduced to protect the poorer section of the society.

However the State Governments play a limited role in the matter of controlling prices.

PRICE TRENDS IN KARNATAKA 2013

Price Trends in Karnataka - 2013 Page 1

Apart from having a regressive impact on the standard of living of the people, the price rise

also affects the export targets. Thus, the high inflationary pressure would not only erode the

support for the economic restructuring programme but would also put on a squeeze on the

purchasing power of the poor, thereby further limiting the growth of the home market.

2. MEASUREMENT OF FLUCTUATIONS IN PRICES

Variation in prices are measured by different methods. Among them, two methods

which are extensively used at all-India level are known as “Wholesale Price Index Numbers”

and “Consumer Price Index Numbers”. But none of these two methods cover the entire

range of the economy. The Wholesale Price Index at the national level is based on weekly

price collection of data covering as many as 676 commodities with 5482 quotations. This

index does not cover the services which account for about one third of the Gross National

Product.

A number of CPI series have been available in the Country from time to time because

of the constant need felt for proper wage regulation of an ever increasing labour force and

also the need for proper indicators to guide the formulation of important economic policies.

At National level Consumer Price Index for Industrial Workers, Agricultural Labourers,

Rural Labourers are constructed and released every month by Labour Bureau, Shimla. The

three Consumer Price Indices are primarily computed for wages of blue and white collar

workers in industry and Government services and also for agricultural labourers. These

indices do not cover all the segments of the population in the Country. In order to overcome

the above, the Central Statistics Office (CSO) of the Ministry of Statistics and Programme

Implementation compiles Consumer Price Index for Rural and Urban Areas & releases every

month. Though these indices are confined to a wide range of commodities and services

utilised by a consumer, it covers only the consumer class. Thus the Wholesale and

Consumer Price Indices are used in general for measuring price movement/inflation at the

national level inspite of certain limitations.

At the State level, only for 33 Agricultural Commodities Wholesale Price Index

Numbers are being computed. Like All India level more number of commodities are not

covered on account of the inadequacy of the availability of data such as inflow and outflow

of commodities from State to State especially in respect of price quotations of non–

agricultural commodities and basic data required for working out weighting diagram.

Page 2 Price Trends in Karnataka - 2013

In Karnataka, the following tools are adopted for measuring the price trends.

i. Wholesale Prices of Agricultural Commodities

ii. Retail Prices of Agricultural Commodities

iii. The Wholesale Price Index Numbers of Agricultural Commodities

iv. a) Farm Harvest Prices of Agricultural Commodities

b) Farm Harvest Price Index of Agricultural Commodities

v. Consumer Price Index Numbers

a) Industrial Workers

b) Agriculture Labourers

(Complied by Labour Bureau Shimla)

vi. Rural Retail Price Index Numbers

vii. Urban Retail Price Index Numbers

viii. Agricultural Wages

As already mentioned, each of the above price measurements has a limited coverage

of goods, services and population.

3. PRICE COLLECTION SYSTEM IN KARNATAKA

The Directorate of Economics and Statistics (DES) was made the sole authority

during 1983 for all price statistics generated at the State level in view of the increasing role

this organisation has to play in the field of prices. Accordingly, the District Statistical Offices

has been collecting fortnightly Wholesale and Retail prices of 110 commodities from district

head quarter, Agricultural Produce Marketing Committees (APMCs) of Agricultural

Marketing Department. This information is collected to build up time series data of the State

and for preparation of periodicals.

The wholesale prices are being collected from APMCs on a weekly basis by DES for

computing Wholesale Price Index. Besides, the Wholesale & Retail prices of 20 important

essential commodities are being collected on every Monday by the District Statistical Offices.

Farm Harvest Prices are being collected by the staff of District Statistical Offices,

during the peak marketing period for three seasons viz; Kharif, Rabi, Summer. Similarly

retail prices are collected from 11 specified centres for computing Consumer Price Index

Numbers for Industrial Workers. Further, retail prices from selected villages are also being

collected for computing Rural Retail Price Index Numbers. In addition to this Agricultural

wages are also being collected for knowing the movements in agricultural wages among

skilled labourers and agriculture labourers in the dry, wet and garden lands. As above the

District Statistical Offices & APMCs are the main data suppliers of price statistics.

Price Trends in Karnataka - 2013 Page 3

4 PRICE TRENDS

An attempt has been made here to study the price trends/fluctuations in the State

based on different tools as explained in the previous paragraphs.

i. Wholesale Prices of Agricultural Commodities:

"Wholesale Price" is defined as the price at which a commodity is sold to the sellers

or processors and not for ultimate consumption. The wholesale price in this case is the

“Model Price” which means the price of the commodity at which the largest transaction

takes place.

The important commodities nearly about 29 commodities are taken from Wholesale

and Retail Prices of 110 Commodities Report. These wholesale prices have been collected

fortnightly from the district head quarter Agricultural Produce Marketing Committees

(APMCs) by Distirict Statistical Office. The formula used in computing this report is "Simple

average ".

Average Wholesale Prices (in Rs. per quintal) of Agricultural Commodities for the

year 2000, 2005, 2010, and 2011 to 2013 along with percentage variation in prices are

presented in Table – 1.

As can be seen from the table, wholesale prices of 18 commodities in 2011, 23

commodities in 2012 and 25 commodities in 2013 have shown a rise when compared to the

corresponding previous years. During 3 years of movement of prices, prices of more number

of commodities rose during 2013 over 2012. However, wholesale prices of Paddy(fine),

(medium), (coarse), Jowar(white), Ragi, Maize, Groundnut oil, Chillies dry(byadgi) and

Arecanut commodities have shown a continuous rise from 2011, The prices of the remaining

commodities were fluctuating between 2011 and 2013.

In the year 2011 over the prices of 2010, except the prices of Rice(fine), Rice(medium),

Rice(coarse), Wheat(white), Tur(whole), Greengram(whole), Gur(both ball & square), Sugar,

Potato and Onion, prices of all other commodities have shown a rise. Cotton lint(58.05%) has

shown a highest price rise followed by Coconut(29.69%), Cotton (kapas) with 27.24% and

the lowest rise was recorded in case of Chillies dry (byadgi)(2.07%). The price fall was much

higher in case of Potato(-13.43%) during 2011.

During the year 2012, except the prices of Bajra, Blackgram(whole), Coconut oil,

Coconut(per 1000), Onion and Cotton(kapas), prices of all other commodities have shown a

Page 4 Price Trends in Karnataka - 2013

Table No - 1 Average Wholesale Prices of Important Agricultural Commodities in Karnataka for the year 2000, 2005, 2010,

2011 to 2013 (Rs.Per Quintal)

Sl.No. Commodity 2000 2005 2010 2011 2012 2013

1 Paddy (fine) 654 755 1310 1339 1442 1786 (15.44) (73.51) (2.21) (7.69) (23.86)

2 Paddy (medium) 588 640 1094 1150 1289 1593 (8.84) (70.94) (5.12) (12.09) (23.58)

3 Paddy (coarse) 536 618 946 1014 1113 1393 (15.30) (53.07) (7.19) (9.76) (25.16)

4 Rice (fine) 1522 1699 2973 2616 3362 4361 (11.63) (74.99) -(12.01) (28.52) (29.71)

5 Rice (medium) 1331 1464 2424 2291 2743 3555 (9.99) (65.57) -(5.49) (19.73) (29.60)

6 Rice (coarse) 1061 1004 1810 1591 1687 2326 -(5.37) (80.28) -(12.10) (6.03) (37.88)

7 Wheat (white) 1004 1091 1832 1806 2007 2368 (8.67) (67.92) -(1.42) (11.13) (17.99)

8 Jowar (white) 675 789 1414 1759 2061 2168 (16.89) (79.21) (24.40) (17.17) (5.19)

9 Ragi 590 539 1026 1089 1250 2135 -(8.64) (90.35) (6.14) (14.78) (70.80)

10 Bajra 566 529 1224 1466 1280 1425 -(6.54) (131.38) (19.77) -(12.69) (11.33)

11 Maize 471 541 893 1015 1194 1348 (14.86) (65.06) (13.66) (17.64) (12.90)

12 Tur (Whole) 1613 1710 3657 3608 4158 4439 (6.01) (113.86) -(1.34) (15.24) (6.76)

13 Green gram (whole) 2194 2431 5875 5124 5912 6233 (10.80) (141.67) -(12.78) (15.38) (5.43)

14 Blackgram (whole) 2592 1979 3841 4634 4572 4781 -(23.65) (94.09) (20.65) -(1.34) (4.57)

15 Gram (whole) 1788 1984 2536 2867 4510 4341 (10.96) (27.82) (13.05) (57.31) -(3.75)

16 Groundnut 1375 1751 2724 3145 4236 3575 (27.35) (55.57) (15.46) (34.69) -(15.60)

17 Groundnut (seeds) 2197 2766 4381 5361 7431 4301 (25.90) (58.39) (22.37) (38.61) -(42.12)

18 Groundnut oil 3622 5374 6795 7448 7880 9630 (48.37) (26.44) (9.61) (5.80) (22.21)

19 Coconut oil 5847 7585 8248 9622 9365 10837 (29.72) (8.74) (16.66) -(2.67) (15.72)

20 Gur (Ball) 1228 1635 2903 2786 3174 3502 (33.14) (77.55) -(4.03) (13.93) (10.33)

21 Gur (Square) 1339 1712 3004 2980 3204 3701 (27.86) (75.47) -(0.80) (7.52) (15.51)

22 Sugar (open market) 1419 1716 3088 2820 3260 3294 (20.93) (79.95) -(8.68) (15.60) (1.04)

23 Chillies dry (Byadgi) 5350 4802 8201 8371 9556 11409 -(10.24) (70.78) (2.07) (14.16) (19.39)

24 Coconut (per 1000) 4389 6174 5887 7635 7171 7334 (40.67) -(4.65) (29.69) -(6.08) (2.27)

25 Arecanut (cured / dry) 13670 9980 13252 13531 15873 16562 -(26.99) (32.79) (2.11) (17.31) (4.34)

26 Potato 439 650 1318 1141 1433 1719 (48.06) (102.77) -(13.43) (25.59) (19.96)

27 Onion 438 606 1441 1326 955 2562 (38.36) (137.79) -(7.98) -(27.98) (168.27)

28 Cotton (kapas) 1919 2074 3465 4409 3982 4778 (8.08) (67.07) (27.24) -(9.68) (19.99)

29 Cotton (lint) 3194 2858 4036 6379 8922 8376 -(10.52) (41.22) (58.05) (39.87) -(6.12)

Note : Figure in bracket indicate percentage variation over previous year.

Source : Agricultural Marketing Department , Bangalore, DES.

Price Trends in Karnataka - 2013 Page 5

Average Wholesale Prices of Important Agricultural Commodities in Karnataka from 2011 to 2013

Average Wholesale Prices of Important Agricultural Commodities in Karnataka from 2011 to 2013

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2011

2012

2013

2000

4000

6000

8000

10000

12000

14000

16000

18000

2011

2012

2013

Page 6 Price Trends in Karnataka - 2013

rise over 2011. The price of Gram(whole)(57.31%) has shown a highest price rise. The other

commodities which has shown a higher price rise was Cotton(lint)(39.87%) Groundnut seeds

(38.61%) and Groundnut(34.69%) and the lowest rise was recorded in case of Groundnut oil

(5.80%). The price fall was much higher in case of Black Gram(whole)(-32.29%).

In 2013 the percentage variation in price rise was very high in case of Onion(168.27%)

followed by Ragi(70.80%), Rice(coarse) (37.88%). The lowest price rise was noticed in case of

Sugar(1.04%). Except the prices of Gram(whole), Groundnut, Groundnut seeds, Cotton(lint),

prices of all other commodities have shown a rise over 2012. Higher price fall was noticed in

case of Groundnut seeds (-42.12%).

ii. Retail Prices of Agricultural Commodities:

"Retail Price" is defined as the price paid by the consumer which includes all taxes

and excludes discount. Along with the wholesale prices, retail prices have also been

collected fortnightly from the district head quarter Agricultural Produce Marketing

Committees (APMCs) of Agriculture Marketing Department by District Statistical Office.

The important commodities nearly about 32 commodities are taken from Wholesale and

Retail Prices of 110 commodities Report.

Average Retail Prices(in Rs. per quintal) of Agricultural Commodities for the year

2000, 2005, 2010, 2011 to 2013 along with percentage variation in prices are presented in

Table – 2.

As can be seen from the table, the prices of Jowar(white), Maize, Groundnut oil,

Castor oil, Cashewnut, Arecanut, Ghee, Pepper, Cardamum and Mutton have shown

continuous rise from 2011 to 2013. Year-wise prices reveal that in 2011 the prices of 16

commodities have shown a rise, in 2012, price rise was noticed in case of 24 commodities

and in 2013 it was 28 commodities as compared to the prices prevailed during the

corresponding period of the previous year.

In 2011, as compared to 2010 prices varied between the lowest of 5.71% in case of

Egg'A' grade to highest of 60.66% in case of Pepper. The price of some of the commodities

remains constant viz, Ragi, Gur(Ball), Onion and Chillies(Dry) & Kerosene. It was observed

that in Pepper price rose with 60.66%, followed by Tamarind with 55.56% & Cashewnut

with 27.65%.

The price of Green gram(split) declined maximum of -15.85%, whereas least decrease

was noticed in case of Gur(square) with -3.03%.

Price Trends in Karnataka - 2013 Page 7

Table No - 2 Average Retail Prices of Important Commodities in Karnataka for the year 2000, 2005, 2010, 2011 to 2013 (Rs.Per Quintal)

Sl.No. Commodity 2000 2005 2010 2011 2012 2013

1 Rice (fine) 16.66 18.38 31.44 28.00 36.00 46.00 (10.32) (71.06) -(10.94) (28.57) (27.78)

2 Rice (medium) 14.45 16.02 26.54 25.00 29.00 38.00 (10.87) (65.67) -(5.80) (16.00) (31.03)

3 Rice (coarse) 11.69 11.84 20.00 19.00 19.00 26.00 (1.28) (68.92) -(5.00) (0.00) (36.84)

4 Wheat (white) 11.44 12.37 21.00 20.00 22.00 26.00 (8.13) (69.77) -(4.76) (10.00) (18.18)

5 Jowar (white) 8.84 9.71 16.00 20.00 23.00 25.00 (9.84) (64.78) (25.00) (15.00) (8.70)

6 Bajra 6.76 7.39 14.00 17.00 15.00 17.00 (9.32) (89.45) (21.43) -(11.76) (13.33)

7 Maize 5.93 6.73 11.00 13.00 14.00 16.00 (13.49) (63.45) (18.18) (7.69) (14.29)

8 Ragi 6.98 7.27 13.00 13.00 15.00 24.00 (4.15) (78.82) (0.00) (15.38) (60.00)

9 Gram (split) 22.63 25.79 35.00 40.00 61.00 56.00 (13.96) (35.71) (14.29) (52.50) -(8.20)

10 Tur (split) 29.50 31.02 67.16 63.00 66.00 71.00 (5.15) (116.51) -(6.19) (4.76) (7.58)

11 Greengram (split) 28.93 31.75 82.00 69.00 67.00 78.00 (9.75) (158.27) -(15.85) -(2.90) (16.42)

12 Blackgram (split) 37.57 32.27 73.00 70.00 65.00 69.00 -(14.11) (126.22) -(4.11) -(7.14) (6.15)

13 Gur (Ball) 13.40 18.89 32.00 32.00 35.00 39.00 (40.97) (69.40) (0.00) (9.38) (11.43)

14 Gur (Square) 13.45 19.43 33.00 32.00 35.00 41.00 (44.46) (69.84) -(3.03) (9.38) (17.14)

15 Sugar (open market) 15.21 18.57 33.00 31.00 35.00 35.00 (22.09) (77.71) -(6.06) (12.90) (0.00)

16 Groundnut oil 41.38 56.25 72.00 81.00 95.00 105.00 (35.94) (28.00) (12.50) (17.28) (10.53)

17 Castor oil 43.72 49.88 68.00 74.00 82.00 92.00 (14.09) (36.33) (8.82) (10.81) (12.20)

18 Coconut oil 63.78 84.07 84.00 98.00 94.00 111.00 (31.81) -(0.08) (16.67) -(4.08) (18.09)

19 Potato 6.19 8.92 15.00 14.00 19.00 21.00 (44.10) (68.16) -(6.67) (35.71) (10.53)

20 Onion 5.65 8.30 16.00 16.00 13.00 32.00 (46.90) (92.77) (0.00) -(18.75) (146.15)

21 Cashewnut 281.90 267.12 340.00 434.00 461.00 504.00 -(5.24) (27.28) (27.65) (6.22) (9.33)

22 Arecanut (dry / curdnut) 179.68 137.50 151.00 160.00 177.00 194.00 -(23.48) (9.82) (5.96) (10.63) (9.60)

23 Ghee (AG mark) 135.21 156.99 238.00 277.00 349.00 354.00 (16.11) (51.60) (16.39) (25.99) (1.43)

24 Tamarind 26.51 32.10 45.00 70.00 59.00 66.00 (21.09) (40.19) (55.56) -(15.71) (11.86)

25 Chillies dry (Byadgi) 59.59 55.98 90.00 90.00 98.00 130.00 -(6.06) (60.77) (0.00) (8.89) (32.65)

26 Garlic 25.70 26.60 80.00 73.00 56.00 60.00 (3.50) (200.75) -(8.75) -(23.29) (7.14)

27 Pepper 253.98 98.47 183.00 294.00 401.00 429.00 -(61.23) (85.84) (60.66) (36.39) (6.98)

28 Cardamom 695.17 568.22 695.00 766.00 794.00 851.00 -(18.26) (22.31) (10.22) (3.66) (7.18)

29 Mutton 96.88 118.06 209.00 259.00 301.00 347.00 (21.86) (77.03) (23.92) (16.22) (15.28)

30 Egg 'A' grade (per dozen) 19.43 20.67 35.00 37.00 46.00 46.00 (6.38) (69.33) (5.71) (24.32) (0.00)

31 Vanaspati 43.90 50.04 55.00 64.00 76.00 72.00 (13.99) (9.91) (16.36) (18.75) -(5.26)

32 Kerosene (per litre) 10.56 19.61 31.00 31.00 34.00 34.00 (85.70) (58.08) (0.00) (9.68) (0.00)

Note : Figure in bracket indicate percentage variation over previous year. Source : Agricultural Marketing Department, Bangalore, DES.

Page 8 Price Trends in Karnataka - 2013

  

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20

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30

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Price Trends in Karnataka - 2013 Page 9

Average Retail Prices of Important Agricultural Commodities in Karnataka from 2011 to 2013

During 2012, except the prices of Bajra, Greengram(split), Blackgram(split), Coconut

oil, Onion, Tamarind and Garlic prices of all other commodities increased compared to their

prices in 2011. The Price rise was varied from lowest of 6.22% in case of Cashewnut to

highest of 52.50% in case of Gram(split). The price of Rice(coarse) remains constant.

In 2013, except the prices of Gram(split) and Vanaspathi declined as compared to the

prices of previous year. Gram(split) price declined by -8.20%. The least decline was in

respect of Vanaspathi with only -5.26%. In 2013, highest increase in price i.e. 146.15% was

found in case of Onion, followed by 60% in case of Ragi and 36.84% in case of Rice(coarse).

The lowest was in case of Ghee with only 1.43% price rise. The price of Sugar and Egg

remains constant.

iii. Wholesale Price Index Numbers(WPI) of Agricultural Commodities:

Since 1991, the DES has been computing the Wholesale Price Index Numbers of 33

Agricultural Commodities in the State with the base year 1981-82. Prior to this up to 1990,

indices have been computed for 24 important agricultural commodities with the base year

1952-53. At present, index is computed under 7 groups viz., Cereals, Pulses, Oilseeds, Gur &

Sugar, Fibre, Condiment & Spices and Miscellaneous.

0

100

200

300

400

500

600

700

800

900

2011

2012

2013

Page 10 Price Trends in Karnataka - 2013

The price data for computing index is collected through selected 40 Agricultural

Produce Marketing Committiees (APMCs) of Agriculture Marketing Department every

week and also from Spices Board, Coffee Board, Tobacco Board and Sugar Directorate every

month. APMCs have been selected for commodity keeping in view the volume of its (or its

varieties) transactions in the markets during the base year period.

WPI is being used in estimation of State Domestic Product and to study the trends in

prices in the first stages of commercial transaction. The formula used in computing WPI is

"Laspeyers Formula"

Trend in Wholesale Prices and Wholesale Price Index of Agricultural Commodities

are strictly not comparable as due to the following limitations:

1. The wholesale prices data is based on the price information received from the district

head quarter APMCs (which was reported in earlier paragraphs) while the prices

data for the computing wholesale price index are received from the selected 40

APMCs..

2. Market coverage are totally different for wholesale prices and wholesale price Index.

3. Index is a weighted average

4. There is difference in time lag and variety of the commodity.

Wholesale Price Index Numbers of 33 Agricultural Commodities for the year 2000,

2005, 2010, 2011 to 2013 with yearly percentage variation over the corresponding previous

years are presented in Table – 3.

As can be seen from the table, the percentage variation of index of all commodities

gradually increased to 12.31% in 2011, 7.42% in 2012 and 11.16% in 2013. The index which

was 876 in 2011 raised to 941 in 2012 and to 1046 in 2013. The index of Cereals, Oilseeds and

Gur & Sugar groups raised in all the 3 years under report where as in case of Pulses index

declined in 2011, rose in subsequent years, Fibre group, Miscellaneous group and

Condiments & Spices group index has declined in 2012 and rose in 2013. The index of 12

commodities declined in 2011 and 2012, only 4 commodities in 2013. The index of Jowar,

Castor and Coffee has declined continuously in 2012 & 2013 and whereas index of Linseed,

Cardamom and Tobacco has declined in 2011 and 2012.

Among all the 33 commodities Ragi, Wheat, Bajra, Maize, Groundnut, Safflower,

Sunflower, Cotton lint, Pepper and Arecanut have shown an increased index in all the years

Price Trends in Karnataka - 2013 Page 11

Table No - 3 Wholesale Price Index Numbers of Agricultural Commodities in Karnataka for the year 2000, 2005, 2010, 2011 to 2013

(Base year: 1981-82=100) Sl

No. Commodity Weights 2000 2005 2010 2011 2012 2013

I . Cereals 29.890 435 449 894 902 990 1149

(4.23) (99.11) (0.89) (9.76) (16.06)

1 Rice 19.500 468 470 1010 948 1032 1209

(1.49) (114.89) -(6.14) (8.86) (17.15)

2 Jowar 1.170 381 453 673 1247 1187 959

-(10.82) (48.57) (85.29) -(4.81) -(19.21)

3 Ragi 1.390 346 344 664 703 916 1276

(7.85) (93.02) (5.87) (30.30) (39.30)

4 Wheat 2.560 412 457 734 789 839 942

(15.97) (60.61) (7.49) (6.34) (12.28)

5 Bajra 1.740 436 435 732 871 1022 1244

(12.41) (68.28) (18.99) (17.34) (21.72)

6 Maize 3.530 325 375 625 709 813 940

(13.33) (66.67) (13.44) (14.67) (15.62)

II . Pulses 4.920 427 487 989 889 1067 1177

(18.28) (103.08) -(10.11) (20.02) (10.31)

7 Tur 2.670 393 458 977 852 1007 1212

(2.84) (113.32) -(12.79) (18.19) (20.36)

8 Gram 1.120 398 451 537 704 1083 866

(27.94) (19.07) (31.10) (53.84) -(20.04)

9 Greengram 0.810 489 572 1429 1128 1129 1330

(34.27) (149.83) -(21.06) (0.09) (17.80)

10 Blackgram 0.220 781 738 1857 1478 1532 1669

(56.91) (151.63) -(20.41) (3.65) (8.94)

11 Horsegram 0.100 407 395 887 701 939 1388

(35.19) (124.56) -(20.97) (33.95) (47.82)

III . Oil seeds 17.310 323 409 676 777 1006 1056

(1.71) (65.28) (14.94) (29.47) (4.97)

12 Groundnut 13.460 327 415 699 812 1060 1085

(1.20) (68.43) (16.17) (30.54) (2.36)

13 Sesamum 0.910 388 466 784 673 967 1364

(9.87) (68.24) -(14.16) (43.68) (41.05)

14 Safflower 1.450 313 432 592 691 971 1059

-(2.08) (37.04) (16.72) (40.52) (9.06)

15 Sunflower 0.760 155 219 338 434 480 494

(9.13) (54.34) (28.40) (10.60) (2.92)

16 Castor 0.290 468 460 844 1215 1008 980

(0.00) (83.48) (43.96) -(17.04) -(2.78)

17 Linseed 0.440 280 352 514 485 459 523

-(7.10) (46.02) -(5.64) -(5.36) (13.94)

Page 12 Price Trends in Karnataka - 2013

Sl No. Commodity Weights 2000 2005 2010 2011 2012 2013

IV . Gur & Sugar 14.560 291 394 571 598 645 670

(2.03) (44.92) (4.73) (7.86) (3.88)

18 Gur 3.700 260 427 724 671 724 804

-(2.11) (69.56) -(7.32) (7.90) (11.05)

19 Leavy Sugar 4.180 379 513 512 687 721 721

(0.00) -(0.19) (34.18) (4.95) (0.00)

20 Free Sale Sugar 6.680 254 301 522 501 555 563

(7.31) (73.42) -(4.02) (10.78) (1.44)

V . Fibre 9.640 376 350 609 692 682 722

(5.43) (74.00) (13.63) -(1.45) (5.87)

21 Cotton (kappas) 7.970 374 350 639 716 671 716

(14.86) (82.57) (12.05) -(6.28) (6.71)

22 Cotton (lint) 1.670 388 351 468 579 731 750

-(7.69) (33.33) (23.72) (26.25) (2.60)

VI . Condiments & Spices 2.270 412 301 623 847 720 816

(29.24) (106.98) (35.96) -(14.99) (13.33)

23 Dry Chillies 1.210 450 351 649 1031 856 944

(45.58) (84.90) (58.86) -(16.97) (10.28)

24 Cardamom 0.650 273 155 532 436 287 301

-(20.65) (243.23) -(18.05) -(34.17) (4.88)

25 Pepper 0.070 1264 410 1040 1511 2003 2220

(32.68) (153.66) (45.29) (32.56) (10.83)

26 Coriander 0.340 370 379 572 843 801 1059

(14.51) (50.92) (47.38) -(4.98) (32.21)

VII . Miscellaneous 21.410 546 602 894 1195 1133 1291

(11.30) (48.50) (33.67) -(5.19) (13.95)

27 Onion 1.190 460 758 1435 1468 1038 2858

-(32.59) (89.31) (2.30) -(29.29) (175.34)

28 Potato 0.630 220 356 550 535 716 801

(35.67) (54.49) -(2.73) (33.83) (11.87)

29 Tamarind 0.380 317 459 609 1155 846 873

(14.16) (32.68) (89.66) -(26.75) (3.19)

30 Arecanut 7.290 690 445 672 730 827 930

(47.42) (51.01) (8.63) (13.29) (12.45)

31 Coconut 1.200 299 404 385 538 497 609

-(7.92) -(4.70) (39.74) -(7.62) (22.54)

32 Coffee 8.990 536 782 1053 1692 1555 1553

(1.41) (34.65) (60.68) -(8.10) -(0.13)

33 Tobacco 1.730 395 479 1183 1091 993 1116

(5.22) (146.97) -(7.78) -(8.98) (12.39)

All Commodities 100.00 412 456 780 876 941 1046

(6.80) (71.05) (12.31) (7.42) (11.16) Note : Figure in bracket indicate percentage variation over previous year. Source : Agricultural Marketing Department and Directorate of Economic & Statistics, Bangalore.

Price Trends in Karnataka - 2013 Page 13

Wholesale Price Index Numbers of Agricultural Commodities in Karnataka from 2011 to 2013

under report. In 2011 the index of 12 commodities i,e Rice(-6.14%), Tur(-12.79%),

Greengram(-21.06%), Blackgram(-20.41%), Horsegram(-20.97%), Sesamum(-14.16%),

Linseed(-5.64%), Gur(-7.32%), Free Sale Sugar(-4.02%), Cardamom(-18.05), Potato(-2.73%),

and Tobacco(-7.78%) in 2012, 12 commodities i,e Jowar(-4.81%), Castor(-17.04%), Linseed

(-5.36%), Cotton(Kapas) (-6.28%), Dry Chillies(-16.97%), Cadamum(-34.17%), Corriander

(-4.98%), Onion (-29.29%), Tamarind(-26.75%), Coconut(-7.62%), Coffee(-8.10%) and

Tobacco(-8.98%) and in 2013, 4 commodities i,e Jowar(-19.21%), Gram(-20.04%), Castor

(-2.78%) and Coffee(-0.13%) have declined. The index of other commodities increased when

compared to corresponding previous years

In 2013, the index of 29 commodities has shown an increased index, whereas the

index of remaining commodities has declined. Among all the 33 commodities, the highest

percentage of increase in index was observed in respect of Onion with 175.34%, 47.82% in

case of Horsegram followed by 41.05% in case of Sesamum, 39.30% in respect of Ragi and

32.21% in case of Corriander. Lowest decline in index was observed in Gram with -20.04%

The Cereals group has recorded a highest increase in index with 16.06%, within this

group the highest percentage variation increase was observed in respect of Ragi with

39.30%, 21.72% in case of Bajra, Rice by 17.15%, Maize by 15.62% and 12.28% in case of

Wheat and decrease in index of Jowar by -19.21%.

500

600

700

800

900

1000

1100

1200

1300

1400

2011

2012

2013

Page 14 Price Trends in Karnataka - 2013

The Index of Miscellaneous group has increased by 13.95%, in this, Onion shows an

increase in index i.e an increase of 175.34%, followed by Coconut (22.54%), Arecanut

(12.45%), Tobacco(12.39%), Potato (11.87%) and Tamarind with (3.19%). Highest increase in

index of Onion has resulted in the increase of the State index.

Condiments & Spices group index has been increased by 13.33% within this group

the index of Coriander recorded a highest percentage of increase with 32.21%, 10.83% in case

of Pepper followed by 10.28% in respect of Dry Chillies and by 4.88% by Cardamom.

The Indices of Pulses group has increased with 10.31%, in this, viz Horsegram, Tur,

Greengram, Black gram have recorded an increase by 47.82%, 20.36%, 17.80%, 8.94%

respectively.

It has been observed, that there was an increase in index of Cotton(kappas) with

6.71% and Cotton (lint) with 2.60% in Fibre group, which has increased by 5.87%.

The Index of Oilseeds has increased by 4.97%, Highest rise in index has been

observed in Sesamum, followed by Linseed Safflower, Sunflower, Groundnut with

41.05%,13.94%, 9.06%, 2.92% and 2.36% respectively in this group.

An increase in index of Gur by 11.05% and Free Sale Sugar by 1.44% has been

observed in Gur and Sugar group, which has recorded lowest increase in index with 3.88%.

The Wholesale Price Index Numbers of Selected Groups for All India for the year

2000, 2005, 2010, 2011 to 2013 has shown in Table – 4

As it can be seen from the table, except the index of Pulses group in 2011, 2013 Fibre

and Condiments & Spices group in 2012, the index of all other groups have shown an

increasing trend, in which the highest percentage variation was noticed in case of Fibre

group with 39.25% in 2011 followed by Oilseeds group with 21.93% in 2012 and Cereals

with 15.16% in 2013.

The Wholesale Price Index Numbers of Selected Groups for Karnataka State for the

year 2000, 2005, 2010, 2011 to 2013 has shown in Table – 5

It can be seen from the table that, the index of Cereals, Oil seeds, Gur & Sugar has

shown a continuous increasing trend, whereas the index varied in case of Pulses, Fibre and

Condiments & Spices, Miscellaneous groups. The index of all commodities was 876 in 2011

rose to 941 in 2012, 1046 in 2013. Thus the percentage variation was 12.31% in 2011, 7.42% in

2012 and 11.16% in 2013. In respect of Fibre, there was a marginal fall of -1.45% in 2012.

Price Trends in Karnataka - 2013 Page 15

Table No - 4

Wholesale Price Index Numbers of Selected Groups for All - India for the year

2000, 2005, 2010, 2011 to 2013

Sl No. Group Base year : 1993-94=100 Base year : 2004-05=100

Weights 2000 Weights 2005 2010 2011 2012 2013

1 Cereals 4.41 173.00 3.37 103.80 168.45 174.97 191.67 220.73 (62.28) (3.87) (9.54) (15.16)

2 Pulses 0.60 179.60 0.72 106.63 200.84 197.20 234.20 231.03 (88.35) -(1.81) (18.76) -(1.35)

3 Oil seeds 2.67 129.30 1.78 92.60 138.77 154.34 188.18 202.99 (49.86) (11.22) (21.93) (7.87)

4 Fibre 1.52 156.7 0.88 92.73 169.28 235.73 204.86 231.45 (82.55) (39.25) -(13.10) (12.98)

5 Condiments & Spices 0.66 202.5 0.57 92.58 228.74 249.56 209.05 234.27

(147.07) (9.10) -(16.23) (12.06)

Note : 1)Figures in bracket indicate percentage variation over previous year. 2) * New base year from 2005-06

Source : Office of the Economic Adviser, New Delhi.

Table No - 5

Wholesale Price Index Numbers of Selected Groups for Karnataka for the year

2000, 2005, 2010, 2011 to 2013

Base year: 1981-82=100

Sl No. Group Weights 2000 2005 2010 2011 2012 2013

1 Cereals 29.89 435 449 894 902 990 1149 (3.22) (99.11) (0.89) (9.76) (16.06)

2 Pulses 4.92 427 487 989 889 1067 1177 (14.05) (103.08) -(10.11) (20.02) (10.31)

3 Oil seeds 17.31 323 409 676 777 1006 1056 (26.63) (65.28) (14.94) (29.47) (4.97)

4 Gur & Sugar 14.56 291 394 571 598 645 670 (35.40) (44.92) (4.73) (7.86) (3.88)

5 Fibre 9.64 376 350 609 692 682 722 -(6.91) (74.00) (13.63) -(1.45) (5.87)

6 Condiments & Spices 2.27 412 301 623 847 720 816 -(26.94) (106.98) (35.96) -(14.99) (13.33)

7 Miscellaneous 21.41 546 602 894 1195 1133 1291 (10.26) (48.50) (33.67) -(5.19) (13.95)

All Commodities 100.00 412 456 780 876 941 1046 (10.68) (71.05) (12.31) (7.42) (11.16)

Note : Figures in bracket indicate percentage variation over previous year.

Source : Directorate of Economics & Statistics & Agricultural Marketing Department, Bangalore.

Page 16 Price Trends in Karnataka - 2013

Wholesale Price Index Numbers of Selected Groups for All - India from 2011 to 2013

Wholesale Price Index Numbers of Selected Groups for Karnataka from 2011 to 2013

140

160

180

200

220

240

260

Oil seeds Cereals Pulses Fibres Condiments &Spices

2011

2012

2013

400

500

600

700

800

900

1000

1100

1200

1300

2011

2012

2013

Price Trends in Karnataka - 2013 Page 17

During 2013, groupwise indices of all the 7 groups has shown increasing trend, in

which the highest percentage variation was noticed in case of Cereals group with 16.06%

followed by Miscellaneous with 13.95%, Condiments & Spices group with 13.33%, Pulses

with 10.31%, Fibre with 5.87%, Oilseeds with 4.97% & Gur & Sugar with 3.88%. Higher

increase in index of Cereals group has resulted in the increase of the State index.

iv. (a) Farm Harvest Prices of Agricultural Commodities

The Farm Harvest Prices are being collected by this Directorate as per the directions

of Ministry of Agriculture, Agriculture and Co-operation Department, GOI. The Farm

Harvest Price is defined as the average wholesale price at which the commodity is disposed

off by the producer to the trader or buyer during the peak marketing period after the harvest

is over. The price relate to what the farmer ultimately receives for his produce which is

calculated by deducting the transport and other market charges from the wholesale prices

quoted at the APMCs where the produce is disposed off.

For the collection of farm harvest prices, wholesale price of agricultural commodities

are considered taking model prices from APMCs in respect of all the important agricultural

commodities which account for major cropped area which involves bulk of transactions in

the APMCs of Taluk Head Quarters. The prices are being collected for nearly about 32

commodities in all the three seasons i.e. Kharif, Rabi and Summer for about 8 to 10 weeks.

The reports collected from all the District Statistical Offices are consolidated and

State weighted average of farm harvest prices is sent to the Ministry of Agriculture,

Agriculture & Cooperation Department, GOI.

The formula used in computing this report is "Simple & Weighted average”.

State Weighted Average Price =fnpn / pn, Where fn = farm harvest price of nth

district and pn = production figure of agriculture commodity of nth district (District wise

production information is taken from Fully Revised Estimates of Principal crops in

Karnataka)

Year-wise and Commodity-wise Farm Harvest Prices for the years 1999-2000, 2004-

05, 2009-10, 2010-11 are presented in Table – 6

As can be seen from the table, it is observed that in 2010-11, out of 29 commodities,

farm harvest prices of 22 commodities showed an upward trend as compared to previous

year. The highest price rise was noticed in Pepper with 78.60% as compared to previous

Page 18 Price Trends in Karnataka - 2013

Table No - 6 Farm Harvest Prices of Agricultural Commodities (State weighted average prices)

for the year 1999-2000, 2004-05, 2009-10 to 2010-11 (Rs. Per Quintal)

Sl. No Commodity 1999-2000 2004-05 2009-10 2010-11

1 Paddy 577 568 1022 1057 -(1.56) (79.93) (3.42)

2 Jowar 636 632 929 1438 -(0.63) (46.99) (54.79)

3 Ragi 444

583 900 941 (31.31) (54.37) (4.56)

4 Maize 449 498 808 987 (10.91) (62.25) (22.15)

5 Bajra 434 544 749 802 (25.35) (37.68) (7.08)

6 Wheat (Rabi) 747 951 1457 1597 (27.31) (53.21) (9.61)

7 Bengalgram (Rabi) 1340 1531 1906 2335 (14.25) (24.49) (22.51)

8 Tur 1617 1792 4358 3567 (10.82) (143.19) -(18.15)

9 Horsegram 661 648 1817 1301 -(1.97) (180.40) -(28.40)

10 Greengram 1569 1685 4355 3649 (7.39) (158.46) -(16.21)

11 Blackgram 1555 1444 4224 3861 -(7.14) (192.52) -(8.59)

12 Avare 1695 1583 2477 3147 -(6.61) (56.48) (27.05)

13 Cowpea - - 3691 2800 - - -(24.14)

14 Sunflower 1064 1604 2155 2658 (50.75) (34.35) (23.34)

15 Soyabean - - 2098 1889 - - (-9.96)

16 Groundnut 1153 1576 2424 3073 (36.69) (53.81) (26.77)

17 Sesamum 2066 2681 4004 4119 (29.77) (49.35) (2.87)

18 Castor 1237 1143 2375 2570 -(7.60) (107.79) (8.21)

19 Safflower - - 2088 2093 - - (0.24)

20 Drychillies 3022 4610 5107 5744 (52.55) (10.78) (12.47)

21 Pepper 20616 6686 12005 21441 -(67.57) (79.55) (78.60)

22 Arecanut 11106 6680 8898 10755 -(39.85) (33.20) (20.87)

23 Cashewnut 3649 3346 4331 6616 -(8.30) (29.44) (52.76)

24 Sugarcane 82.26 - 145 160 - - (10.34)

25 Cotton (pooled) 1789 2388 2619 4573 (33.48) (9.67) (74.61)

26 Tobacco 4197 4742 11098 8624 (12.99) (134.04) -(22.29)

27 Potato 395 484 991 1002 (22.53) (104.75) (1.11)

28 Onion 325 - 925 946 - - (2.27)

29 Coconut (per 1000 nuts) 4361 5255 4472 6265 (20.50) -(14.90) (40.09)

Note : Figure in bracket indicate percentage variation over previous year. Source : Directorate of Economics & Statistics, Bangalore.

Price Trends in Karnataka - 2013 Page 19

year. The price of Pepper which was Rs. 12005/- per quintal in 2009-10 shoot up to

Rs. 21441/- per quintal in 2010-11. The least price rise was noticed in case of

Safflower(0.24%).The highest fall in prices was found in case of Horsegram(-28.40%), whose

price fell from Rs. 1817/- per quintal in 2009-10 to Rs. 1301/- per quintal in 2010-11.

Other than Pepper, the sharpest price rise was found with Cotton(pooled)(74.61%)

followed by Jowar (54.79%), Cashewnut(52.76%), Coconut(40.09%), Avare (27.05%),

Groundnut(26.77%), Sunflower (23.34%), Bengalgram(22.51%), Maize(22.15%), Arecanut

(20.87%), Dry chillies(12.47%), Sugarcane(10.34%), Wheat(Rabi)(9.61%), Castor(8.21%),

Bajra(7.08%), Ragi (4.56%), Paddy(3.42%), Sesamum(2.87%), Onion(2.27%) and Potato with

only 1.11%. The lowest rise was in case of Safflower with (0.24%) when compared to

previous year.

iv. (b)Farm Harvest Price Index Numbers of Agricultural Commodities:

For the computation of farm harvest price index, the prices collected in the peak

marketing seasons are utilized. The objective of computing these indices is primarily to

measure changes in the wholesale prices received by the producers. The weights in

proportion to the value of the production of each commodity during the base year 1961-62

have been made use of for the computation of the index. The weighted arithmetic average is

considered for the construction of index numbers. Index of farm harvest prices of

Agricultural Commodities is being constructed on the basis of weighted average of farm

harvest prices.

The index numbers for food and non-food crops are computed annually unlike other

indices which are computed once a month.

The Farm Harvest Price Index Numbers of Agricultural Commodities and their

trends from 1999-2000, 2004-05, 2009-10, 2010-11 are shown in Table –7.

It can be noticed from the table, the rise in the index of non-food crops was of the

order of 16.18% and that of food crops was 14.43% during 2010-11 over 2009-10. During the

same period, among food crops, the index of cereals had gone up by 17.68% and that of

Pulses declined by -11.32%. Among Cereals, the highest increase was in respect of Jowar

(54.78%) followed by Maize with 22.17%, Wheat with 9.62%, Bajra with 7.11%, Ragi with

4.58% and the lowest rise was in case of Paddy with 3.40%. The index of Gram rose by

22.50% and Tur declined by -18.15% under pulses. Among non-food crops, the index of

Fibre has gone up by 74.59%, Oilseeds by 24.80%, and Miscellaneous by 11.22%. Under Fibre

group, index of Cotton had gone up by 74.59%.

Page 20 Price Trends in Karnataka - 2013

Table No - 7 Farm Harvest Prices Index Numbers of Agricultural Commodities for the year 1999-2000, 2004-05, 2009-10 to 2010-11

Base year: 1961-62=100 Sl. No. Commodity Weights 1999-2000 2004-05 2009-10 2010-11

I . Food Crops 40.967 1502 1574 2641 3022 (4.79) (67.79) (14.43)

1 Cereals 39.526 1426 1488 2432 2862 (4.35) (63.44) (17.68)

a Paddy 19.376 1570 1631 2702 2794 (3.89) (65.67) (3.40)

b Jowar 10.764 1527 1623 2408 3727 (6.29) (48.37) (54.78)

c Bajra 1.052 1271 1328 2067 2214 (4.48) (55.65) (7.11)

d Maize 0.111 1337 1377 2440 2981 (2.99) (77.20) (22.17)

e Ragi 7.562 956 954 1834 1918

-(0.21) (92.24) (4.58)

f Wheat 0.661 1197 1519 2328 2552

(26.90) (53.26) (9.62)

2 Pulses 1.441 3577 3929 8385 7436 (9.84) (113.41) -(11.32)

a Gram 0.449 3176 3416 4519 5536 (7.56) (32.29) (22.50)

b Tur 0.992 3759 4160 10135 8295

(10.67) (143.63) -(18.15)

II . Non Food Crops 59.033 1984 2083 3412 3964 (4.99) (63.80) (16.18)

3 Oil seeds 4.912 2127 2670 4323 5395

(25.53) (61.91) (24.80)

a Groundnut 4.577 2099 2599 4271 5415

(23.82) (64.33) (26.79)

b Sesamum 0.116 2599 3363 5038 5182

(29.40) (49.81) (2.86)

c Mustard 0.022 3437 3937 4738 4458

(14.55) (20.35) -(5.91)

d Linseed 0.092 2172 3730 5324 5060

(71.73) (42.73) -(4.96)

e Castor 0.105 2521 3817 4842 5240

(51.41) (26.85) (8.22)

2 Fibre 3.919 1939 2028 2838 4955 (4.59) (39.94) (74.59)

a Cotton 3.919 1939 2028 2838 4955 (4.59) (39.94) (74.59)

III . Miscellanenous 1943 1973 2030 3368 3746 (2.89) (65.91) (11.22)

a Sugarcane 48.226 1932 2061 3396 3747 (6.68) (64.85) (10.34)

b Pepper 1.051 4454 1200 2595 4632

-(73.06) (116.25) (78.50)

c Tobacco 0.222 1473 1769 3894 3026

(20.10) (120.12) -(22.29)

d Potato 0.438 1159 1229 2486 2514 (6.04) (102.28) (1.13)

e Dry Chillies 0.265 1429 1198 2415 2716

-(16.17) (101.59) (12.46)

All Commodities 100 1700 1875 3096 3578

Note : Figure in bracket indicate percentage variation over previous year. Source : Directorate of Economics & Statistics, Bangalore.

Price Trends in Karnataka - 2013 Page 21

  

Far

Far

0

500

1000

1500

2000

2500

3000

0

5000

10000

15000

20000

25000

rm Harvest

rm Harvest

t Prices of A

t Prices of A

Agriculturalfor t

Agriculturalfor t

l Commodithe year 201

l Commodithe year 201

2010-11

2010-11

ities (State 10-11

ities (State 10-11

weighted a

weighted a

average pric

average pric

ces)

ces)

Page 22 Price Trends in Karnataka - 2013

Among Oilseeds, the index of Groundnut registered a rise of 26.79% followed by

Castor(8.22%) and Sesamum(2.86%) and the decline of index was in respect of Mustard with

-5.91% and that of Linseed by -4.96%. Under Miscellaneous, the index of Pepper registered

maximum rise of 78.50%, followed by Dry Chillies(12.46%), Sugarcane(10.34%).

Potato(1.13%) and the fall in index was noticed in Tobacco with (-22.29%).

Farm Harvest Price Index Numbers of Agricultural Commodities for the year 2010-11

v. Consumer Price Index(CPI) Numbers:

a) Consumer Price Index Numbers for Industrial Workers: (CPI-IW)

Index numbers are used to feel the pulse of an economy and are used as indicators of

inflationary or deflationary tendencies. The consumer price index numbers are intended to

represent the average change over time in the prices paid by the ultimate consumers for a

fixed basket of goods and services. The CPI helps in determining the effects of rise and fall

in prices in different classes of consumers living in different areas. This index also helps to

find out how much the consumers of a particular class have to pay for a certain basket of

goods and services in a given period compared to the base period.

The construction of CPI numbers is of great significance, as millions of individuals

whose wages are linked to a consumer price index series. The CPI numbers measures the

2500

2700

2900

3100

3300

3500

3700

3900

4100

Food Crops Non Food Crops All Commodities

2010-11

Price Trends in Karnataka - 2013 Page 23

average increase in the cost of maintaining the same standard in a given year as in the base

year. Two series are adopted for computing the index in the State viz., Central Series and

State Series. The Consumer Price Index Numbers for Industrial Workers of both the series

for the year 2000, 2005, 2010, 2011 to 2013 are presented in Table – 8.

Central Series:

In Karnataka, up to 1989, in respect of four centres viz., Bangalore, Ammathi(Kodagu

District), Chickmagalur and KGF(Kolar District) for which CPI(IW) were computed by

Labour Bureau, Shimla with base year 1960. From 1990 onwards, except for Bangalore, the

construction of CPI numbers for the other three centres were discontinued and instead three

new centres viz Belgaum, Hubli-Dharwad & Mercara were introduced & base year was also

shifted from 1960 to 1982. Subsequently, while shifting the base year to 2001, with effect

from January 2006 Mysore centre was also included. At present in respect of 78 industrial

centres in the country, including five centres of Karnataka viz., Bangalore, Belgaum, Hubli –

Dharwad, Mysore and Mercara with base year 2001 Labour Bureau, Shimla constructs CPI

Numbers for Industrial Workers and releases every month. Thus for five centres prices are

being collected by District Statistical Office and sent to Labour Bureau, Shimla for

computation of index.

It can be seen from Table – 8 that the index of all the centres shown an increasing

trend from 2011 to 2013. The Mysore centre recorded a hike of 17.97% followed by Mercara

Consumer Price Index Numbers for Industrial Workers at different selected centres in Karnataka from 2011 to 2013 [Central Series]

150

170

190

210

230

250

Bangalore Belgaum Hubli -Dharwad

Mercara Mysore

2011

2012

2013

Page 24 Price Trends in Karnataka - 2013

Table - 8 Consumer Price Index Numbers for Industrial Workers at different selected centres in

Karnataka and All India for the year 2000, 2005, 2010, 2011 to 2013 Sl. No Centres 2000 2005 2010 2011 2012 2013

(Base year : 1982 = 100) (Base year : 2001=100)

1 Bangalore * 425 287

533 360

181 552

194 591

211 643

238 725

(4.75) (25.44) (53.33) (7.07) (8.80) (12.75)

2 Belgaum * 473 307

637 382

179 585

200 652

217 707

242 790

(3.37) (24.43) (53.14) (11.45) (8.44) (11.74)

3 Hubli - Dharwad * 434 276

540 346

182 545

200 599

219 657

248 743

(0.73) (25.36) (57.51) (9.91) (9.68) (13.09)

4 Mercara * 458 316

495 341

172 530

188 580

208 640

240 739

(3.27) (7.91) (55.43) (9.43) (10.34) (15.47)

5 Mysore * -

- -

- 174

436 187

469 205

512 242

604

- - - (7.57) (9.17) (17.97)

(Base year : 1987-88 =100)

6 Bellary 250 288 452 472 521 596

(0.00) (15.20) (56.94) (4.42) (10.38) (14.40)

7 Bhadravathi 261 311 446 490 566 648

(3.57) (19.16) (43.41) (9.87) (15.51) (14.49)

8 Davanagere 258 298 488 533 608 698

(0.39) (15.50) (63.76) (9.22) (14.07) (14.80)

9 Dandeli 286 330 467 511 562 632

(2.51) (15.38) (41.52) (9.42) (9.98) (12.46)

10 Gulbarga 253 293 419 461 516 568

-(4.17) (15.81) (43.00) (10.02) (11.93) (10.08)

11 Harihar 249 283 402 441 513 599

(1.22) (13.65) (42.05) (9.70) (16.33) (16.76)

12 Hassan 254 295 443 486 541 627

(6.72) (16.14) (50.17) (9.71) (11.32) (15.90)

13 Mandya 263 313 470 521 598 696

(3.95) (19.01) (50.16) (10.85) (14.78) (16.39)

14 Mangalore 237 291 435 474 491 555

(0.85) (22.78) (49.48) (8.97) (3.59) (13.03)

15 Raichur 270 312 504 548 609 689

-(1.82) (15.56) (61.54) (8.73) (11.13) (13.14)

16 Tumkur 235 278 389 415 448 524

(4.91) (18.30) (39.93) (6.68) (7.95) (16.96)

17 Mysore 261 295 This centre has been shifted to Central series with base year-

2001=100 (5.67) (13.03)

State Average 274 332 504 544 597 680

(3.40) (21.17) (51.81) (7.94) (9.74) (13.90)

All India* 441 536 176 815 192 889 209 968 232 1074

(4.01) (21.54) (52.05) (9.08) (8.89) (10.95)

Note: 1. Figures in bracket indicate percentage variation over previous year 2.* Indicates Central series Source : i) 1 to 5 and All India, Labour Bureau, Shimla ii) 6 to 16 and State average Directorate of Economics & Statistics, Bangalore.

Price Trends in Karnataka - 2013 Page 25

  

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Page 26 Price Trends in Karnataka - 2013

CPI(IW) is being utilised by various labour unions, departments, small and large

scale industries for revision of wages and determination of dearness allowances for their

employees.

The formula used in computing Consumer Price Index [IW] is "Laspeyers’ Formula".

Or

Where In = Index Numbers, Pn = Price for current period, Po = Price for base period Qo = Quantity for base period (weights derived by the Family Budget Survey)

Accordingly, on the basis of information collected every month Index Numbers of 11

centres are being constructed seperately in head office and released for the users.

Monthly weighted average of 16 centres is being prepared every month after

converting five centres of central series to the base 1987-88 which are released by Labour

Bureau, Shimla.

On the basis of monthly weighted average Karnataka State Annual Average of

Consumer Price Index Numbers of Industrial Workers is released.

It can be seen from Table–8, there is a continuous increase in index of all the centres

of State series from 2011 to 2013. The movement of index numbers in 2013 varied from

10.08% in Gulbarga to 16.96% in Tumkur. There was continuous rise in index at State

average and also all India average. State Annual average in 2011, 2012, 2013 has been

increased by 40, 53, 83 points respectively as compared to corresponding previous year.

v. (b) Consumer Price Index Numbers for Agricultural Labourers:[CPI-AL]

The Labour Bureau, Shimla has been computing CPI numbers for Agricultural

Labourers for 20 states including Karnataka with the base year 1986-87. CPI-AL is being

utilised for fixation and revision of wages engaged in agricultural occupations under

Minimum Wages Act, 1948. At all India level from 20 States 600 villages have been selected

for the purpose of collecting the retail prices and this data is being utilised for the

computation of index numbers. The collection of retail prices in the selected villages have

been entrusted to Field Operations Division (FOD) of NSSO, Govt. of India.

The CPI Numbers for Agricultural Labourers for the State of Karnataka and All India

with Food and General Index for the year 2000, 2005, 2010, 2011 to 2013 are presented in

Table –9.

100

PoQo

PnQoIn

100

PoQo

Po

PnPoQo

In

Price Trends in Karnataka - 2013 Page 27

Table - 9 Consumer Price Index Numbers for Agricultural Labourers in Karnataka State

and All India for the year 2000, 2005, 2010, 2011 to 2013 (Base year: 1986 - 87=100)

Sl.

No Year

Karnataka All – India

Food General Food General

1 2000 321 311 307 307

(2.10) (3.55) (7.33) (6.89)

2 2005 333 338 341 348

(3.74) (8.68) (11.07) (13.36)

3 2010 579 557 562 553

(73.87) (64.79) (59.66) (54.47)

4 2011 646 634 598 602

(11.57) (13.82) (6.41) (8.86)

5 2012 710 701 638 652

(22.63) (25.85) (13.52) (17.90)

5 2013 828 803 724 735

(16.62) (14.55) (13.48) (12.73)

Note : Figures in bracket indicate percentage variation over previous year. Source : Labour Bureau, Shimla.

Consumer Price Index Numbers for Agricultural Labourers in Karnataka State and All

India, from 2011 to 2013

500

550

600

650

700

750

800

850

Food General Food General

Karnataka All - India

2011

2012

2013

Page 28 Price Trends in Karnataka - 2013

It can be seen from the above table during 2013 in Karnataka, the food index has

increased by 16.62% and the general index by 14.55%. At all India level, the food and the

general index have increased by 13.48% and 12.73% respectively. The percentage variation

was higher in the State as compared to the variation noticed at all India level.

vi. Rural Retail Price Index Numbers

The rural retail prices in respect of 29 essential commodities are being collected by

the District Statistical Offices from each taluk of 2 villages and in each village of 2 selected

shops as on 5th of every month. This data is made use of for preparation of periodicals,

computation of Rural Retail Price Index Numbers and to know that trends of retail prices in

rural areas. This index number are computed with base year 1970. The index numbers series

is based on unweighted diagram. The formula used in computing this index is Simple

Average of Price Relatives = P / n, where =P=price relative= pn/ po*100

Rural Retail Price Index Numbers for the year 2000, 2005, 2010, 2011 to 2013 is

presented in Table – 10.

As can be seen from the table the retail price index of 16 commodities viz Wheat,

Bajra, Ragi, Gramdhal, Coconut, Groundnut oil, Castor oil, Milk, Salt, Mutton, Tea, Coffee,

Firewood, Kerosene oil, Beedi and Washing Soap has shown a continuous rise year from

2011 onwards till the year 2013. The index of Uraddhal has continuously decreased from

2011 to 2013, whereas the index of Mungdhal has decreased in 2011 and 2012. In respect of

other commodities it has shown a fluctuation. But when we look at the index of all

commodities together the retail price index is continuously increased from 2011 till 2013. The

index increase was very high during 2013 as compared to its previous year.

Out of 29 commodities in 2011, index of 7 commodities in 2012, only 4 commodities

in 2013, 5 commodities have been declined.

In 2011, the index of Rice(-4.39%), Turdal(-7.67%), Uraddal (-1.14%), Mungdhal

(-7.32%), Sugar (-6.70%) and Gur(-3.39%) has declined as compared to previous years

whereas in case of Rice, Turdal, Potato, Sugar & Gur the index went up during subsequent

years. The least decline was observed in case of Potato with -0.43%. However, the price

index increase was very steep in respect of Jowar (55.02%) and lowest in respect of Wheat

(5.01%).

Price Trends in Karnataka - 2013 Page 29

Table No - 10 Rural Retail Price Index Numbers in Karnataka for the year 2000, 2005, 2010, 2011 to 2013

(Base year: 1970=100) Sl

No. Commodity 2000 2005 2010 2011 2012 2013

1 Rice 1240 1267 2232 2134 2366 3012 (2.18) (76.16) -(4.39) (10.87) (27.30)

2 Wheat 1072 1134 1937 2034 2203 2445 (5.78) (70.81) (5.01) (8.31) (10.99)

3 Jowar 1545 1669 2946 4567 5520 4897 (8.03) (76.51) (55.02) (20.87) -(11.29)

4 Bajra 1331 1454 2439 2890 3422 3857 (9.24) (67.74) (18.49) (18.41) (12.71)

5 Ragi 760 817 1456 1556 1850 2767 (7.50) (78.21) (6.87) (18.89) (49.57)

6 Turdal 2073 2164 4967 4586 4716 4939 (4.39) (129.53) -(7.67) (2.83) (4.73)

7 Gramdhal 1773 2064 2886 3156 4504 4858 (16.41) (39.83) (9.36) (42.71) (7.86)

8 Uraddhal 2139 1967 4806 4751 4526 4508 -(8.04) (144.33) -(1.14) -(4.74) -(0.40)

9 Mungdhal 1898 2058 5353 4961 4884 5168 (8.43) (160.11) -(7.32) -(1.55) (5.81)

10 Potato 688 958 1628 1621 1786 2262 (39.24) (69.94) -(0.43) (10.18) (26.65)

11 Onion 1520 2297 4685 5007 3736 8985 (51.12) (103.96) (6.87) -(25.38) (137.95)

12 Coconut 993 1359 1324 1885 1898 2030 (36.86) -(2.58) (42.37) (0.69) (6.95)

13 Drychillies 852 827 1743 2188 2096 2205 -(2.93) (110.76) (25.53) -(4.20) (5.20)

14 Groundnut Oil 874 1190 1510 1739 1956 2088 (36.16) (26.89) (15.17) (12.48) (6.75)

15 Coconut Oil 816 957 1060 1304 1469 1450 (17.28) (10.76) (23.02) (12.65) -(1.29)

16 Castor Oil 1137 1299 1926 2345 2520 2538 (14.25) (48.27) (21.75) (7.46) (0.71)

17 Milk 1015 1155 1727 2033 2416 2748 (13.79) (49.52) (17.72) (18.84) (13.74)

18 Sugar 884 1067 1851 1727 1911 2035 (20.70) (73.48) -(6.70) (10.65) (6.49)

19 Gur 1504 2251 3833 3703 4060 4639 (49.67) (70.28) -(3.39) (9.64) (14.26)

20 Salt 2547 3078 5786 7016 7736 8118 (20.85) (87.98) (21.26) (10.26) (4.94)

21 Mutton 1774 2089 2897 3355 3868 4385 (17.76) (38.68) (15.81) (15.29) (13.37)

22 Tea 1939 2037 3687 4478 5141 5580 (5.05) (81.00) (21.45) (14.81) (8.54)

23 Coffee 1990 2154 3505 4233 4810 5233 (8.24) (62.72) (20.77) (13.63) (8.79)

24 Tamarind 1118 1522 1846 2770 3218 3036 (36.14) (21.29) (50.05) (16.17) -(5.66)

25 Firewood 1923 2290 3756 4083 4793 5529 (19.08) (64.02) (8.71) (17.39) (15.36)

26 Kerosene Oil 1188 2467 4546 4924 4930 5150 (107.66) (84.27) (8.32) (0.12) (4.46)

27 Tobbaco 1298 1424 2152 2361 2406 2369 (9.71) (51.12) (9.71) (1.91) -(1.54)

28 Beedi 1711 2093 3192 3756 4610 5256 (22.33) (52.51) (17.67) (22.74) (14.01)

29 Washing Soap 648 704 764 866 890 898 (8.64) (8.52) (13.35) (2.77) (0.90)

All Commodities 1388 1649 2843 3173 3457 3896 (18.80) (72.41) (11.61) (8.95) (12.70)

Note : Figure in bracket indicate percentage variation over previous year. Source : Directorate of Economics & Statistics, Bangalore.

Page 30 Price Trends in Karnataka - 2013

Rural Retail Price Index Numbers in Karnataka from 2011 to 2013

Rural Retail Price Index Numbers in Karnataka from 2011 to 2013

500

1000

1500

2000

2500

3000

3500

2011

2012

2013

2000

3000

4000

5000

6000

7000

8000

9000

2011

2012

2013

Price Trends in Karnataka - 2013 Page 31

In 2012, the index decline was in respect of Uraddal(-4.74%), Mungdhal(-1.55%)

Onion(-24.59%) and Dry chillies (-4.20%).The price index of all other commodities increased

which ranges between the high in respect of Gramdal (42.71%) and the lowest in respect of

Kerosene (0.12%).

In 2013, the index of all commodities increased from 3457 in 2012 to 3896 in 2013, i.e.

by 12.70 percent. During the year 2013, the retail price indices of 24 commodities have

shown an increasing trend, while the indices of all other commodities declined .

When we look at the index of commodities in 2013 over 2012, the highest

percentage increase was noticed in respect of Onion (137.95)% (which has recorded a

maximum decrease in 2012), followed by Ragi (49.57%), Rice(27.30%), Potato (26.65%),

Firewood (15.36%), Gur(14.26%), Beedi(14.01%), Milk(13.74%), Mutton(13.37%),

Bajra(12.71%), Wheat(10.99%), Coffee(8.79%), Tea(8.54%), Gramdal(7.86%), Coconut(6.95%),

Groundnut oil(6.75%), Sugar(6.49%), Mungdhal(5.81%), Drychillies(5.20%), Salt(4.94%),

Turdal(4.73%), Kerosene (4.46%). The lowest increase was noticed in case of Washing soap

and Castor oil with only 0.90% and 0.71% respectively. The index of only five commodities

viz Jowar by (-11.29%), followed by Tamarind(-5.66%), Tobbaco(-1.54%), Coconut Oil

(-1.29%) and Uraddhal(-0.40%) has declined.

vii. Urban Retail Price Index Numbers

The wholesale and retail prices of 20 important commodities are being collected from

20 urban centres and in each centre from 3 selected shops as on Monday by District

Statistical Office. This data is made use for preparation of reviews, periodicals and for

computation of Urban Retail Price Index Numbers and to study the trends of retail prices in

urban areas. These index numbers are computed with the base year 1970=100. As in case of

RRPI Numbers the index numbers are based on unweighted diagram.

The formula used in computing this index is Simple Average of Price Relatives

= P / n, where =P=price relative= pn/ po*100

The Urban Retail Price Index Numbers of 17 commodities for the year 2000, 2005,

2010, 2011 to 2013 are presented in Table – 11.

As can be seen from the table out of 17 commodities in 2011, the index of only 5

commodities viz Rice, Turdal, Sugar, Jaggery, Potato, in 2012 the index of Onion and in

Page 32 Price Trends in Karnataka - 2013

Table No - 11 Urban Retail Price Index Numbers in Karnataka for the year 2000, 2005, 2010, 2011 to 2013

(Base year: 1970=100) Sl

No. Commodity 2000 2005 2010 2011 2012 2013

1 Rice 1274 1332 2246 2241 2569 3347

(2.63) (68.62) -(0.22) (14.64) (30.28)

2 Ragi 932 989 1765 1823 2175 3517

(3.74) (78.46) (24.44) (19.31) (61.70)

3 Wheat 1017 1930 1930 2001 2044 2353

-(32.28) (0.00) (3.68) (2.15) (15.12)

4 Jowar 1229 1404 2295 3575 3847 3740

-(1.42) (63.46) (55.77) (7.61) -(2.78)

5 Turdal 1468 1616 3647 3426 3576 3798

(5.57) (125.68) -(6.06) (4.38) (6.21)

6 Groundnut Oil 818 1095 1391 1629 1836 2053

(0.73) (27.03) (17.11) (12.71) (11.82)

7 Gingelly Oil 910 1070 1084 1201 1344 1404

-(1.31) (1.31) (10.79) (11.91) (4.46)

8 Coconut Oil 714 933 947 1115 1258 1319

-(5.04) (1.50) (17.74) (12.83) (4.85)

9 Sugar 802 986 1645 1550 1764 1805

(4.56) (66.84) -(5.78) (13.81) (2.32)

10 Jaggery 992 1579 2680 2519 2838 3378

-(0.95) (69.73) -(6.01) (12.66) (19.03)

11 Milk 895 1090 1538 1821 2171 2521

(2.48) (41.10) (18.40) (19.22) (16.12)

12 Dry chillies 587 543 1053 1237 1289 1380

(31.12) (93.92) (17.47) (4.20) (7.06)

13 Onion 945 1558 3157 3263 2311 5738

-(14.89) (102.63) (3.36) -(29.18) (148.29)

14 Potato 741 1126 1898 1850 2172 2696

(21.40) (68.56) -(2.53) (17.41) (24.13)

15 Coconut 1286 1880 1678 2395 2505 2717

-(11.97) -(10.74) (42.73) (4.59) (8.46)

16 Firewood 1486 1709 2797 3029 3798 4089

(9.01) (63.66) (8.29) (25.39) (7.66)

17 Charcoal 1352 1688 1114 1941 2331 1483

(15.05) -(34.00) (74.24) (20.09) -(36.38)

All Commodities 1027 1277 1933 2154 2343 2785

(3.21) (51.37) (11.43) (8.77) (18.86)

Note : Figure in bracket indicate percentage variation over previous year. Source : Directorate of Economics & Statistics, Bangalore.

Price Trends in Karnataka - 2013 Page 33

Urban Retail Price Index Numbers in Karnataka from 2011 to 2013

Urban Retail Price Index Numbers in Karnataka from 2011 to 2013

500

1000

1500

2000

2500

3000

3500

4000

2011

2012

2013

500

1500

2500

3500

4500

5500

6500

2011

2012

2013

Page 34 Price Trends in Karnataka - 2013

2013, the index of Jowar and Charcoal showed a declining trend. In respect of other

commodities the index showed a moving trend. Where all commodities put together the

index has shown an increase every year. All commodities index has shown a highest

increase of 18.86% in 2013 as compared to previous year.

During the year 2013, the average URPI which was 2343 in 2012 rose to 2785 in 2013

showing an increase of 442 points or 18.86%. The rise in index is attributed to the increase in

prices of Onion & Ragi.

In 2013, when compared to the index prevailed in 2012, the maximum fall in index

was noticed in respect of Charcoal (-36.38%) and marginally declined in case of Jowar

(-2.78%). The steep increase in case of Onion (148.29%), which had recorded a maximum

decrease in 2012 with -29.18%. The other commodities which has shown a higher rise in

index was Ragi (61.70%) followed by Rice (30.28%), Potato (24.13%), Jaggery (19.03%), Milk

(16.12%), Wheat (15.12%), Groundnut oil (11.82%), Coconut (8.46%), Firewood (7.66%),

Drychillies (7.06%), Turdal (6.21%), Coconut oil(4.85%), Gingelly oil(4.46%), whereas, the

lowest rise was noticed in case of Sugar(2.32%).

* * * * * *

Price Trends in Karnataka - 2013 Page 35

Annexures

AN

NEX

UR

E –

1 K

AR

NA

TAK

A S

TATE

AN

NU

AL

AV

ERA

GE

CO

NSU

MER

PR

ICE

IND

EX F

OR

IN

DU

STR

IAL

WO

RK

ERS

FOR

TH

E YE

AR

201

3 (

Base

yea

r : 1

987-

88=1

00)

Sl.

No

Cen

tres

Ja

n Fe

b M

ar

Apr

M

ay

Jun

Jul

Aug

Se

pt

Oct

N

ov

Dec

A

vera

ge

Wei

ghts

W

t X A

v

1 Ba

ngal

ore

68

0 68

9 69

5 71

9 72

2 73

7 73

7 74

0 74

0 75

0 75

3 74

0 72

5.17

44

.29

3211

7.78

2 Be

lgau

m

733

756

760

779

786

802

812

821

812

802

812

802

789.

75

2.50

19

74.3

8

3 H

ubli-

Dha

rwar

70

2 71

1 70

8 71

7 73

5 74

4 76

5 76

8 76

5 76

2 77

1 76

8 74

3.00

6.

74

5007

.82

4 M

erca

ra

687

697

709

728

737

749

749

755

761

755

774

765

738.

83

2.04

15

07.2

1

5 M

ysor

e 55

3 56

3 56

5 59

8 60

8 61

3 61

0 61

8 63

0 63

3 63

3 63

0 60

4.50

10

.34

6250

.53

6 Be

llary

56

1 56

6 57

0 57

8 58

6 59

5 60

4 61

0 61

5 62

1 62

4 62

6 59

6.33

2.

49

1484

.86

7 Bh

adra

vath

i 60

5 61

4 62

3 63

1 64

0 64

8 65

7 66

4 66

6 67

1 67

5 67

7 64

7.58

3.

91

2532

.04

8 D

avan

gere

65

4 66

2 66

9 67

7 68

6 69

5 70

4 71

2 72

0 72

7 73

3 73

7 69

8.00

2.

99

2087

.02

9 D

ande

li 58

9 59

6 60

3 61

1 62

0 63

0 63

8 64

5 65

2 65

9 66

8 67

5 63

2.17

3.

35

2117

.77

10

Gul

barg

a 53

6 53

6 53

9 54

5 55

3 56

3 57

3 58

3 59

1 59

5 59

9 60

8 56

8.42

2.

97

1688

.21

11

Har

ihar

a 55

7 56

5 57

3 58

2 59

1 60

0 60

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1982

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1 32

4 32

0 30

1 25

Pe

pper

21

53

2268

20

18

1821

17

05

1834

20

31

2035

22

87

2576

29

88

2927

22

20

26

Cor

rian

der

992

988

873

998

891

986

1310

12

70

1155

10

44

1071

11

34

1059

V

II

MIS

CEL

LAN

EOU

S 11

59

1155

12

68

1154

11

77

1251

13

13

1458

14

56

1432

13

82

1291

12

91

27

Oni

on

1920

21

84

1680

15

29

1509

19

16

3061

48

97

4850

41

56

4243

23

55

2858

28

Po

tato

85

8 79

5 69

2 77

3 78

7 80

9 85

6 69

5 58

6 64

3 10

53

1066

80

1 29

Ta

mar

ind

984

982

1107

10

06

908

860

836

798

774

730

697

797

873

30

Are

canu

t 85

2 83

1 76

5 78

9 85

5 94

2 91

5 10

16

1030

10

85

1022

10

52

930

31

Coc

onut

53

2 56

1 60

6 64

1 62

3 60

8 58

0 59

1 58

1 63

3 64

4 71

1 60

9 32

C

offe

e 14

52

1423

18

10

1531

15

42

1595

15

68

1600

15

99

1580

14

73

1466

15

53

33

Toba

cco

995

995

995

995

995

955

1243

12

43

1243

12

43

1243

12

43

1116

A

ll C

omm

oditi

es

1024

10

33

1060

10

34

1041

10

40

1054

10

68

1082

10

59

1036

10

26

1046

A -

5Pr

ice

Tren

ds in

Kar

nata

ka -

2013

AN

NEX

UR

E - 6

A

VER

AG

E W

HO

LESA

LE P

RIC

ES O

F IM

POR

TAN

T A

GR

ICU

LTU

RA

L C

OM

MO

DIT

IES

IN K

AR

NA

TAK

A F

OR

TH

E YE

AR

201

3 Sl

N

o C

omm

odity

/Mon

th

Jan

Feb

Mar

A

pr

May

Ju

n Ju

l A

ug

Sep

Oct

N

ov

Dec

A

vera

ge

1 Pa

ddy

(fin

e)

1671

17

73

1849

18

14

1762

18

69

1878

19

31

1837

17

49

1679

16

23

1786

2 Pa

ddy

(med

ium

) 14

52

1585

15

71

1569

16

52

1679

16

64

1687

16

41

1624

15

45

1448

15

93

3 Pa

ddy

(coa

rse)

12

74

1342

13

81

1410

14

03

1441

14

69

1515

14

75

1385

13

78

1243

13

93

4 R

ice

(fin

e)

3961

43

68

4413

44

75

4507

44

69

4553

43

57

4391

43

36

4293

42

07

4361

5 R

ice

(med

ium

) 33

60

3566

36

51

3658

36

73

3655

36

70

3525

35

90

3476

34

16

3424

35

55

6 R

ice

(coa

rse)

21

66

2325

23

43

2441

24

28

2434

23

35

2286

23

62

2257

22

66

2273

23

26

7 W

heat

(whi

te)

2185

22

34

2288

23

39

2324

23

06

2331

28

04

2380

24

26

2416

23

89

2369

8 Jo

war

(whi

te)

2305

23

15

2178

22

90

2112

20

65

2040

20

75

2091

21

76

2209

21

64

2168

9 R

agi

2021

21

57

2184

21

98

2221

22

00

2207

22

11

2133

20

94

2022

19

72

2135

10

Bajr

a 13

67

1344

14

15

1442

14

24

1460

14

92

1483

14

80

1403

13

96

1397

14

25

11

Mai

ze

1315

13

08

1368

13

69

1319

13

76

1413

14

29

1410

13

66

1288

12

20

1348

12

Tur (

Who

le)

4240

43

49

4343

44

39

4488

45

78

4448

44

64

4507

43

67

4530

45

15

4439

13

Gre

en g

ram

(who

le)

6035

60

50

6080

62

65

6276

63

66

6367

61

29

6107

60

99

6485

65

36

6233

14

Blac

kgra

m (w

hole

) 47

02

4700

46

21

4703

46

37

4871

46

52

4661

47

39

4861

51

75

5052

47

81

15

Gra

m (w

hole

) 48

35

4647

44

48

4546

43

84

4317

43

41

4238

42

45

4031

40

11

4048

43

41

16

Gro

undn

ut

3761

36

46

3628

37

36

3416

35

44

3594

34

68

3542

35

01

3531

35

33

3575

17

Gro

undn

ut (s

eeds

) 47

14

4720

45

76

4605

42

65

4213

42

58

4122

42

24

3973

40

03

3935

43

01

18

Gro

undn

ut o

il 99

67

9711

97

43

9942

96

78

9631

96

77

9570

94

73

9586

94

59

9125

96

30

19

Coc

onut

oil

1003

6 99

58

1058

3 10

000

1022

9 10

957

1066

2 10

886

1132

0 12

459

1175

6 11

195

1083

7

20

Gur

(Bal

l) 34

71

3384

35

89

3672

36

87

3790

38

56

3959

38

17

3797

37

45

3650

37

01

21

Gur

(Squ

are)

33

61

3243

32

73

3366

34

73

3593

37

27

3664

36

33

3670

35

38

3485

35

02

22

Suga

r (op

en m

arke

t)

3413

34

58

3485

34

60

3365

33

32

3359

31

68

3136

31

58

3105

30

86

3294

23

Chi

llies

dry

(Bya

dgi)

1000

4 11

116

1030

3 10

190

1027

9 11

368

1123

7 11

384

1233

1 12

727

1294

7 13

024

1140

9

24

Coc

onut

(per

100

0)

6790

72

26

7155

73

19

7073

70

36

6990

72

10

7161

76

25

8125

82

98

7334

25

Are

canu

t (cu

red

/ dry

) 15

647

1548

0 15

260

1478

2 15

922

1622

6 16

591

1793

6 17

660

1810

0 16

799

1834

4 16

562

26

Pota

to

1600

15

29

1522

16

68

1714

16

18

1650

15

31

1480

17

33

2359

22

25

1719

27

Oni

on

1719

16

49

1488

14

29

1595

18

03

2933

46

17

3851

39

13

3496

22

55

2562

28

Cot

ton

(kap

as)

4317

43

98

4662

46

14

4509

46

37

4829

50

46

5163

51

20

4965

50

80

4778

29

Cot

ton

(lint

) 84

00

8375

83

67

8250

85

00

8250

85

00

8367

85

33

8633

81

67

8167

83

76

Pric

e Tr

ends

in K

arna

taka

- 20

13A

- 6

AN

NEX

UR

E - 7

A

VER

AG

E R

ETA

IL P

RIC

ES O

F IM

POR

TAN

T A

GR

ICU

LTU

RA

L C

OM

MO

DIT

IES

IN K

AR

NA

TAK

A F

OR

TH

E YE

AR

201

3 Sl

N

o C

omm

odity

/Mon

th

Jan

Feb

Mar

A

pr

May

Ju

n Ju

l A

ug

Sep

Oct

N

ov

Dec

A

vera

ge

1 R

ice

(fin

e)

42

47

46

47

47

47

48

47

48

46

46

44

46

2 R

ice

(med

ium

) 36

38

39

39

39

39

39

38

38

38

37

37

38

3

Ric

e (c

oars

e)

24

26

26

27

27

27

26

26

26

25

25

25

26

4 W

heat

(whi

te)

24

25

26

26

26

26

27

26

27

27

27

28

26

5 Jo

war

(whi

te)

26

26

25

26

24

24

24

24

25

24

25

24

25

6 Ba

jra

17

17

17

17

18

17

18

18

18

17

17

18

17

7 M

aize

15

15

16

16

15

16

17

16

16

16

15

14

16

8

Rag

i 23

24

24

25

25

25

25

25

25

24

23

23

24

9

Gra

m (s

plit)

63

59

57

57

57

55

56

54

55

54

53

53

56

10

Tu

r (sp

lit)

70

70

71

71

71

72

71

71

73

73

71

71

71

11

Gre

engr

am (s

plit)

75

76

76

77

77

79

78

77

78

77

80

80

78

12

Bl

ackg

ram

(spl

it)

69

68

69

69

69

69

69

68

68

70

72

73

69

13

Gur

(sor

t - I

Ball)

38

37

39

40

41

42

43

43

41

41

40

39

40

14

G

ur (s

ort -

II S

quar

e)

37

36

37

39

40

40

42

40

40

41

40

39

39

15

Suga

r (op

en m

arke

t) 38

37

37

36

36

35

35

34

34

34

33

33

35

16

G

roun

dnut

oil

103

103

104

106

106

108

106

107

105

105

102

99

105

17

Cas

tor o

il 91

93

89

90

91

95

93

93

93

95

91

93

92

18

C

ocon

ut o

il 10

5 10

8 10

7 10

8 11

0 11

3 11

2 11

4 11

3 11

5 11

7 11

6 11

2 19

Po

tato

20

19

20

21

21

21

21

20

20

21

26

26

21

20

O

nion

22

21

20

19

20

24

39

55

47

47

42

26

32

21

C

ashe

wnu

t 49

3 49

8 49

8 50

4 50

7 50

8 50

4 51

2 50

6 51

1 50

2 50

9 50

4 22

A

reca

nut (

dry

/ cur

dnut

) 18

5 18

8 19

2 18

8 19

0 19

3 19

7 19

7 19

5 20

1 19

8 20

5 19

4 23

G

hee

(AG

mar

k)

352

356

354

343

347

354

355

358

361

360

360

355

355

24

Tam

arin

d 65

64

63

62

64

66

68

67

68

65

68

66

66

25

C

hilli

es d

ry (B

yadg

i) 11

3 12

3 12

2 12

4 12

5 13

0 13

3 13

6 13

3 13

7 13

7 14

2 13

0 26

G

arlic

58

58

57

58

59

58

60

60

61

61

67

69

61

27

Pe

pper

42

8 42

8 41

6 40

3 40

7 40

5 40

6 41

3 43

9 44

8 46

6 49

2 42

9 28

C

arda

mum

81

0 83

8 90

8 89

7 90

9 88

8 85

5 89

7 89

3 85

5 78

4 67

6 85

1 29

M

utto

n 34

2 34

8 34

6 34

4 34

6 34

4 34

4 34

6 34

8 35

1 35

1 35

5 34

7 30

Eg

g 'A

' gra

de (p

er d

ozen

) 45

46

44

44

45

46

46

46

46

47

47

48

46

31

V

anas

path

i 72

71

73

73

74

73

75

73

73

72

71

70

73

32

K

eros

ine

(per

litr

e)

34

34

35

34

34

33

33

35

34

36

35

35

34

A -

7Pr

ice

Tren

ds in

Kar

nata

ka -

2013