Home / Knowledge / News / Textiles / India's WPI-based inflation at 3.74% in August 2014
India's WPI-based inflation at 3.74% in August 2014
15
Sep '14
The annual rate of inflation, based on monthly Wholesale Price Index (WPI), in India, stood at 3.74 percent (provisional) for the month of August, 2014, (over August, 2013) as compared to 5.19 percent (provisional) for the previous month and 6.99 percent during the corresponding month of the previous year, as per the data released by the Office of the Economic Advisor, Ministry of Commerce and Industry, Government of India.
 
The official WPI for ‘All Commodities’ (Base: 2004-05 = 100) for the month of August, 2014 rose by 0.6 percent to 185.7 (provisional) from 184.6 (provisional) for the previous month, the data showed.
 
Build up inflation rate in the financial year so far was 3.00 percent compared to a build up rate of 5.23 percent in the corresponding period of the previous year.
 
The index for Primary Articles group (Weight 20.12%) rose by 2.0 percent to 261.7 (provisional) in August, 2014 from 256.6 (provisional) for the previous month. On the other hand, the index for Fuel & Power (Weight 14.91%) declined by 0.3 percent to 214.0 (provisional) from 214.7 (provisional) for the previous month.
 
The index for Manufactured Products (Weight 64.97%) rose by 0.3 percent to 155.8 (provisional) from 155.4 (provisional) for the previous month. This included the index for the ‘Textiles’ group, which rose by 0.1 percent to 144.2 (provisional) from 144.1 (provisional) for the previous month due to higher price of tyre cord fabric (4%), jute sacking cloth and man-made fabric (2% each) and jute yarn and man-made fibre (1% each). However, the price of gunny and hessian cloth (4%) and cotton yarn and jute sacking bag (1% each) declined. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

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

Tony Ward
Tony Ward

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

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