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 22nd Feb 2017

Amazon UK to create 5,000 full time jobs this year

Amazon UK said it will create more than 5,000 full time jobs this...

Textiles | On 22nd Feb 2017

Telangana CM seeks better life for handloom weavers

Chief minister of Telangana, K Chandrashekhar Rao assured handloom...

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Eric Scholler
Groz-Beckert

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Judy Frater
Somaiya Kala Vidya

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

Madhu Jain
Madhu Jain

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

Silvia Venturini Fendi
Fendi s.r.l

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

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search