Home / Knowledge / News / Consumer prices grow by 6.5% on annual basis
Consumer prices grow by 6.5% on annual basis
10
Mar '08
Compared to January 2008, in February 2008 consumer prices remained unchanged, while at annual level they grew by 6.5%.

In February 2008 consumer prices remained unchanged:
Compared to February 2007, when deflation was recorded (-0.2%), in February 2008 prices remained the same as a month before.

On average, services were 0.4% more expensive, while goods were 0.2% cheaper. As regards goods, semi-durable goods prices grew by 1.4% and durable goods prices by 0.3%, while non-durable goods prices decreased by 0.7%.

In February higher prices of clothing and footwear:
In February higher prices were recorded in the following groups: clothing and footwear (by 2.3%), recreation and culture (by 1.4%), miscellaneous goods and services, and education (by 0.4%) and furnishing, household equipment and maintenance (by 0.1%).

On account of the end of winter sales, prices in the group clothing and footwear grew by 2.3%; clothing prices by 1.2% and footwear prices by 6.5%.

In the group miscellaneous goods and services the prices of personal services and personal effects jumped the most (by 1.3% and 1.2%, respectively), while in the group education the prices of education not definable by level increased the most (by 1.9%).

Higher prices in the groups clothing and footwear, and recreation and culture pushed the inflation rate up by 0.2 of a percentage point each, while all other increases added 0.1 p.p.

Annual inflation slightly up again:

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search