In comparison, annual rate of inflation was 0.79 per cent for May 2016 and minus 2.13 per cent during June 2015. Build up inflation rate in the financial year 2016-17 so far was 3.82 per cent compared to a build up rate of 1.70 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 June, 2016 rose by 1.4 per cent to 182.0 from 179.4 for the previous month.
The index for manufactured products (weight 64.97 per cent) for June, 2016 rose by 0.2 per cent to 156.0 from 155.7 for the previous month. The index for textiles sub-group also rose by 0.2 per cent to 140.9 from 140.6 for the previous month due to higher price of gunny and hessian cloth (2 per cent), tyre cord fabric, jute yarn, jute sacking cloth and cotton yarn (1 per cent each). However, the price of man-made fabric and jute sacking bag (1 per cent each) declined.
The index for primary articles (weight 20.12 per cent) rose by 2.9 per cent to 262.8 from 255.3 for the previous month. On the other hand, the index for fuel and power (weight 14.91 per cent) rose by 3.4 per cent to 186.5 from 180.3 for the previous month due to higher prices of furnace oil, aviation turbine fuel, high speed diesel, petrol, kerosene and LPG.
Meanwhile, the all-India consumer price index (CPI) on base 2012=100 stood at 5.77 (provisional) in June, 2016 compared to 5.76 in May, 2016 and 5.40 in June, 2015, according to the Central Statistics Office, ministry of statistics and programme implementation. (RKS)
Fibre2Fashion News Desk – India
Fashion | On 22nd Jul 2018
The top 15 American fashion brands are collectively worth close to...
Textiles | On 22nd Jul 2018
Covestro, which is among the largest polymer companies, has unveiled...
Textiles | On 22nd Jul 2018
Evogene, a leading biotechnology company developing novel products...
We are ready to adopt or follow every opportunity
‘RT3 motto is: Do not check millimetres, check colours.’
Colorjet India Limited
We would like to venture more companies into the Indian market
Sushila International, a well established textile organisation established ...
Surat-based Sunrise Imports & Exports Co is a manufacturer and...
Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....
About one in every 20 patients picks up an infection while hospitalised....
Nature Works LLC
Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...
Biovation II LLC
Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...
Yash P. Kotak
Bombay Hemp Company
One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...
Silvia Venturini Fendi
"Yes, my confidence and positive attitude are my strengths and should be...
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...