Home / Knowledge / News / Textiles / Inflation rate nears zero, slips further to 0.27%
Inflation rate nears zero, slips further to 0.27%
26
Mar '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 14th March 2009 rose by 0.1 percent to 227.0 (Provisional) from 226.7 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.27 percent (Provisional) for the week ended 14/03/2009 (over 15/03/2008) as compared to 0.44 percent (Provisional) for the previous week (ended 07/03/2009) and 8.02 percent during the corresponding week (ended 15/03/2008) of the previous year.

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.2 percent to 199.6 (Provisional) from 199.2 (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 0.9 percent to 139.3 (Provisional) from 140.5 (Provisional) for the previous week due to lower prices of cotton yarn-cones (4%). However, the prices of polyester staple fibre (1%) moved up.

The index for 'Machinery & Machine Tools' group declined by 0.2 percent to 172.1 (Provisional) from 172.4 (Provisional) for the previous week due to lower prices of electric motors: phase one (5%), electric motors (3%) and electric motors: phase three (2%).

FINAL INDEX FOR THE WEEK ENDED 17th January 2009
For the week ended 17/01/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 229.0 as compared to 230.5 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 4.95 percent as compared to 5.64 percent (Provisional) reported earlier vide press note dated 29/01/2009.

Press Information Bureau

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Ashok Desai
Bombay Textile Research Association

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson
TissueGen

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

Madhu Jain
Madhu Jain

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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:
April 2017

April 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