The official WPI for all commodities (Base: 2011-12 = 100) for the month of April 2018 rose by 0.7 per cent to 116.8 from previous month’s level of 116.0, the data showed.
The index for manufactured products (weight 64.23 per cent) for April 2018 rose by 0.3 per cent to 116.1 from 115.7 for the previous month. The index for ‘Manufacture of Wearing Apparel’ sub-group rose by 1.1 per cent to 139.3 from 137.8 for the previous month due to higher price of woven apparel, except fur apparel (1 per cent).
The index for ‘Manufacture of Textiles’ sub-group too rose by 0.3 per cent to 114.4 from 114.1 for the previous month due to higher price of viscose yarn, weaving and finishing of textiles, cotton yarn and synthetic yarn (1 per cent each). However, the price of manufacture of cordage, rope, twine and netting, woollen yarn and made-up textile articles (1 per cent each) declined.
The index for primary articles (weight 22.62 per cent) rose by 1.4 per cent to 129.2 from 127.4 for the previous month. The index for fuel and power (weight 13.15 per cent) also rose by 0.9 per cent to 98.9 from 98.0 for the previous month due to due to higher price of naphtha, petroleum coke, furnace oil, HSD, kerosene and petrol. However, the price of LPG declined. (RKS)
Fibre2Fashion News Desk – India
Apparel/Garments | On 22nd May 2018
Bangladesh Bank has enhanced the loan limit under Export Development...
Textiles | On 22nd May 2018
In what might be an indication of higher exports in the coming...
Zenitex Mill Pvt Ltd
Full of green energy
‘In future, clothing boundary lines will become increasingly blurred.’
e-Commerce is still evolving fast with constant flux and surprises
Manila-based CustomThread is a start-up offering premium custom apparel...
Activewear brand Soul Space promotes organic cotton farming and...
Describing itself as the best body shape and garment fit company in the...
Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Biovation II LLC
Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...