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Index for textiles group decline by 0.8%
13
Feb '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 31st January, 2009 declined by 0.74 percent to 228.4 (Provisional) from 230.1 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 4.39 percent (Provisional) for the week ended 31/01/2009 (over 02/02/2008) as compared to 5.07 percent (Provisional) for the previous week (ended 24/01/2009) and 4.74 percent during the corresponding week (ended 02/02/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:-

MANUFACTURED PRODUCTS (Weight 63.75%):
The index for this major group declined by 0.1 percent to 200.6 (Provisional) from 200.8 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Textiles' group declined by 0.8 percent to 140.0 (Provisional) from 141.1 (Provisional) for the previous week due to lower prices of polyester yarn (11%), dhoties, sarees & voils (6%), cotton yarn-cones, cotton yarn-hanks and nylon filament yarn (1% each). However, the prices of cotton grey drills & jeans (3%), cotton grey cloth (others) (2%) and viscose filament yarn (1%) moved up.

The index for 'Leather & Leather Products' group rose by 0.7 percent to 169.5 (Provisional) from 168.3 (Provisional) for the previous week due to higher prices of footwear western type (1%).

The index for 'Chemicals & Chemical Products' group rose by 0.2 percent. The prices of titanium dioxide (16%), monocrotophos (13%), benzene (12%), pigments (7%), organic pigments (6%), endosulfan (5%), liquid chlorine (3%) and acid (all kinds) (1%) declined.

Ministry of Commerce & Industry

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