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Spanish textile industry price index rises 0.6% in Dec'13
29
Jan '14
The Industrial Price Index (IPRI) for Spanish textiles increased by 0.6 percent year-on-year in December  2013, according to the data released by the National Statistics Institute (INE). The IRPI registered in the month of December is slightly lower than IPRI recorded in November, 2013.
 
As per the INE data, the IPRI in the manufacture of apparel and clothing accessories segment saw a decline of 1.5 percent in the month of December, 2013, compared to the same month in 2012.
 
The IPRI of the overall manufacturing industry of Spain, which includes the manufacturing of textiles and apparel, saw a decrease of 1.1 percent in the month of December, compared to the same month in 2012.
 
Overall, the annual rate of the IPRI for the month of December in the country grew by 0.6 percent which more than one point compared to the IPRI registered in November, 2013. 
 
IPRI measures the monthly change in prices of industrial products manufactured and sold. The index measures ex-factory selling prices that do not include expenses incurred on marketing, transportation and value-added tax (VAT). 
 
The INE is the official organization in Spain that collects statistics about demography, economy, and Spanish society. It is an autonomous organization in Spain responsible for overall coordination of statistical services of the General State Administration in monitoring, control and supervision of technical procedures.
 

Fibre2fashion News Desk-India

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