(36 – country bilateral weights)

(Base : 1985 = 100)

Year/Month

Export-Based Weights

Trade-Based Weights

REER

Percentage

NEER

Percentage

REER

Percentage

NEER

Percentage

Variation

Variation

Variation

Variation

1

2

3

4

5

6

7

8

9

1990-91

73.33

-5.2

66.19

-7.6

75.58

-3.6

67.20

-6.9

1991-92

61.36

-16.3

51.12

-22.8

64.20

-15.1

52.51

-21.9

1992-93

54.42

-11.3

42.30

-17.3

57.08

-11.1

43.46

-17.2

1993-94

59.09

8.6

43.48

2.8

61.59

7.9

44.69

2.8

1994-95

63.29

7.1

42.20

-2.9

66.04

7.2

43.37

-2.9

1995-96

60.94

-3.7

38.74

-8.2

63.62

-3.7

39.73

-8.4

1996-97

61.14

0.3

38.09

-1.7

63.81

0.3

38.97

-1.9

1997-98

63.76

4.3

38.93

2.2

67.02

5.0

40.01

2.7

1998-99

60.13

-5.7

35.32

-9.3

63.44

-5.3

36.34

-9.2

1999-00

59.70

-0.7

34.30

-2.9

63.29

-0.2

35.46

-2.4

2000-01

62.47

4.6

34.24

-0.2

66.53

5.1

35.52

0.2

2001-02

64.36

3.0

34.54

0.9

68.43

2.8

35.75

0.7

2002-03 (P)

67.97

5.6

35.41

2.5

72.82

6.4

37.05

3.6

2000-01

April

62.23

1.7

34.69

0.4

66.29

1.9

36.01

0.5

May

63.07

1.3

35.18

1.4

67.21

1.4

36.53

1.4

June

61.34

-2.7

34.15

-2.9

65.30

-2.8

35.40

-3.1

July

61.68

0.5

34.31

0.5

65.65

0.5

35.57

0.5

August

61.15

-0.9

33.95

-1.0

65.15

-0.8

35.23

-1.0

September

61.98

1.3

34.24

0.8

66.08

1.4

35.56

0.9

October

63.26

2.1

34.27

0.1

67.53

2.2

35.64

0.2

November

63.09

-0.3

34.11

-0.5

67.30

-0.3

35.46

-0.5

December

62.52

-0.9

33.73

-1.1

66.57

-1.1

34.97

-1.4

January

62.60

0.1

33.79

0.2

66.51

-0.1

34.95

-0.1

February

62.89

0.5

34.05

0.8

66.89

0.6

35.23

0.8

March

63.81

1.5

34.46

1.2

67.86

1.5

35.66

1.2

2001-02

April

64.36

0.9

34.71

0.7

68.39

0.8

35.91

0.7

May

64.33

-0.1

34.74

0.1

68.37

—

35.94

0.1

June

64.95

1.0

35.02

0.8

69.06

1.0

36.24

0.9

July

65.01

0.1

34.92

-0.3

69.11

0.1

36.14

-0.3

August

63.89

-1.7

34.19

-2.1

67.91

-1.7

35.38

-2.1

September

62.77

-1.8

33.66

-1.6

66.74

-1.7

34.83

-1.6

October

63.21

0.7

33.65

—

67.19

0.7

34.81

-0.1

November

63.67

0.7

33.88

0.7

67.67

0.7

35.04

0.6

December

64.16

0.8

34.20

0.9

68.08

0.6

35.31

0.8

January

63.76

-0.6

34.24

0.1

67.58

-0.7

35.32

-

February

63.39

-0.6

34.17

-0.2

67.20

-0.6

35.25

-0.2

March

68.88

8.7

37.12

8.6

73.83

9.9

38.89

10.3

2002-03

April

69.05

0.3

36.81

-0.8

74.10

0.4

38.55

-0.9

May

67.84

-1.8

36.09

-2.0

72.77

-1.8

37.79

-2.0

June

67.47

-0.5

35.50

-1.6

72.39

-0.5

37.16

-1.7

July

(P)

66.67

-1.2

34.87

-1.8

71.56

-1.1

36.52

-1.7

August

(P)

67.95

1.9

35.30

1.2

72.96

1.9

36.98

1.3

September

(P)

68.28

0.5

35.36

0.2

73.21

0.4

37.04

0.2

October

(P)

68.75

0.7

35.61

0.7

73.66

0.6

37.27

0.6

November

(P)

68.66

-0.1

35.49

-0.3

73.54

-0.2

37.14

-0.3

December

(P)

67.88

-1.1

35.22

-0.8

72.65

-1.2

36.84

-0.8

January

(P)

66.97

-1.3

34.74

-1.4

71.63

-1.4

36.32

-1.4

February

(P)

67.64

1.0

34.91

0.5

72.21

0.8

36.42

0.3

March

(P)

68.53

1.3

35.02

0.3

73.15

1.3

36.53

0.3

2003-04

April

(P)

69.67

1.7

35.26

0.7

74.28

1.5

36.72

0.5

May

(P)

67.98

-2.4

34.53

-2.1

72.31

-2.6

35.89

-2.3

June

(P)

68.73

1.1

34.70

0.5

73.06

1.0

36.04

0.4

Notes:

1.

The indices on REER have been recalculated from April 1994 onwards using the new wholesale price index (WPI) series with base year 1993-94=100.

2.

The REER & NEER indices have been estimated using the common price index and the exchange rate for the Euro, thus representing 31 countries and the Euro area w.e.f. 01.03.2002

Also see ‘Notes on Tables’.