Home / Knowledge / News / Textiles / WPI-based inflation at -2.65% in April 2015
WPI-based inflation at -2.65% in April 2015
14
May '15
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 2.65 per cent for April 2015 (over April 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 2.33 per cent for March 2015 and 5.55 per cent during April 2014. Build up inflation rate in the financial year 2014-15 remained negative and was at minus 0.06 per cent compared to a build up rate of 0.28 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 April, 2015 declined by 0.1 per cent to 176.0 from 176.1 for the previous month.
 
The index for manufactured products (weight 64.97 per cent) for April, 2015 declined by 0.1 per cent to 153.8 from March 2015’s level of 153.9. However, the index for textiles sub-group rose by 0.3 per cent to 140.3 from 139.9 for the previous month due to higher price of man-made fibre (3 per cent), jute sacking cloth (2 per cent) and jute sacking bag and jute yarn (1 per cent each). However, the price of tyre cord fabric (2 per cent) and cotton yarn and cotton fabric (1 per cent each) declined.
 
The index for primary articles (weight 20.12 per cent) rose by 0.9 per cent to 241.8 from 239.6 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 184.2 from 187.3 for the previous month due to lower price of furnace oil, petrol, high speed diesel, aviation turbine fuel and electricity.
 
Meanwhile, the all-India consumer price index (CPI) on base 2012=100 stood at 4.87 (provisional) in April, 2015 compared to 5.25 in March, 2015 and 8.48 in April, 2014, according to the Central Statistics Office, Ministry of Statistics and Programme Implementation. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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