Home / Knowledge / News / Textiles / Inflation slides to 2.43% for week ended Feb 28
Inflation slides to 2.43% for week ended Feb 28
12
Mar '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 28th February, 2009 rose by 0.04 percent to 227.7 (Provisional) from 227.6 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 2.43 percent (Provisional) for the week ended 28/02/2009 (over 01/03/2008) as compared to 3.03 percent (Provisional) for the previous week (ended 21/02/2009) and 6.21 percent during the corresponding week (ended 01/03/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:-
The index for this major group declined by 0.1 percent to 199.2 (Provisional) from 199.3 (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 0.1 percent to 140.4 (Provisional) from 140.5 (Provisional) for the previous week due to lower prices of nylon filament yarn (2%) and hessian & sacking bags (1%).

The index for 'Machinery & Machine Tools' group declined by 0.1 percent to 172.2 (Provisional) from 172.3 (Provisional) for the previous week due to lower prices of batteries (3%).

FINAL INDEX FOR THE WEEK ENDED 3rd January 2009
For the week ended 03/01/2009, the final wholesale price index for 'All Commodities' (Base: 1993-94=100) stood at 229.2 as compared to 229.0 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 5.33 percent as compared to 5.24 percent (Provisional) reported earlier vide press note dated 15/01/2009.

Press Information Bureau


Must ReadView All

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Apparel/Garments | On 20th Sep 2017

Fashion has growth potential in ASEAN markets: Report

Fashion has the biggest growth potential in the Association of...

Apparel/Garments | On 20th Sep 2017

Botswana launches response strategy for US AGOA scheme

Botswana’s ministry of investment trade and Industry (MITI) recently...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

September 2017

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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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