Home / Knowledge / News / Textiles / India's WPI-based inflation at -4.54% in September 2015
India's WPI-based inflation at -4.54% in September 2015
14
Oct '15
India's annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 4.54 per cent for September 2015 (over September 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of Commerce and Industry.

In comparison, annual rate of inflation was minus 4.95 per cent for August 2015 and 2.38 per cent during September 2014. Build up inflation rate in the financial year 2014-15 so far was 0.28 per cent compared to a build up rate of 2.61 per cent in the corresponding period of the previous year.

Meanwhile, the official WPI for all commodities (Base: 2004-05 = 100) for the month of September, 2015 declined by 0.1 per cent to 176.6 from 176.7 for the previous month.

The index for manufactured products (weight 64.97 per cent) for September, 2015 rose by 0.1 per cent to 153.3 from August 2015's level of 153.1. The index for textiles sub-group, declined by 0.4 per cent to 140.1 from 140.6 for the previous month due to lower price of man-made fibre, man-made fabric and cotton yarn (1 per cent each). However, the price of jute sacking bag (6 per cent), gunny and hessian cloth (4 per cent), jute sacking cloth (3 per cent) and jute yarn (2 per cent) moved up.

The index for primary articles (weight 20.12 per cent) rose by 0.4 per cent to 252.4 from 251.5 for the previous month. On the other hand, the index for fuel and power (weight 14.91 per cent) declined by 1.7 per cent to 175.6 from 178.7 for the previous month due to lower price of aviation turbine fuel, furnace oil, petrol, high speed diesel, bitumen, kerosene, and electricity (industry).

Meanwhile, the all-India consumer price index (CPI) on base 2012=100 stood at 4.41 (provisional) in September, 2015 compared to 3.74 in August, 2015 and 5.63 in September, 2014, according to the Central Statistics Office, Ministry of Statistics and Programme Implementation. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search