Home / Knowledge / News / Textiles / Inflation rate moves up to 0.26%
Inflation rate moves up to 0.26%
30
Apr '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 18th April, 2009 rose by 0.6 percent to 230.2 (Provisional) from 228.8 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.57 percent (Provisional) for the week ended 18/04/2009 (over 19/04/2008) as compared to 0.26 percent (Provisional) for the previous week (ended 11/04/2009) and 8.23 percent during the corresponding week (ended 19/04/2008) 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 rose by 0.3 percent to 201.6 (Provisional) from 200.9 (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 0.4 percent to 140.4 (Provisional) from 141.0 (Provisional) for the previous week due to lower prices of synthetic yarn (2%) and cotton yarn-hanks and cotton yarn-cones (1% each). However, the prices of hessian & sacking bags (1%) moved up.

The index for 'Chemicals & Chemical Products' group declined by 0.1 percent to 214.2 (Provisional) from 214.4 (Provisional) for the previous week due to lower prices of calcium ammonium nitrate n-content (5%).

The index for 'Non-Metallic Mineral Products' group rose by 0.05 percent to 219.1 (Provisional) from 219.0 (Provisional) for the previous week due to higher prices of building bricks (1%).

FINAL INDEX FOR THE WEEK ENDED 21st February, 2009
For the week ended 21/02/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 227.5 as compared to 227.6 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 2.99 percent as compared to 3.03 percent (Provisional) reported earlier vide press note dated 05/03/2009.

Press Information Bureau


Must ReadView All

Courtesy: American & Efird

Textiles | On 20th May 2018

A&E introduces Repel

American & Efird (A&E), a global leader in industrial sewing thread...

Archroma working with House of Denim Foundation

Textiles | On 20th May 2018

Archroma working with House of Denim Foundation

Archroma, a leader in colour and specialty chemicals, has joined...

Courtesy: Amazon

Textiles | On 20th May 2018

Amazon opening first fulfillment centre in Tucson

Amazon.com is opening its first fulfillment centre in Tucson, which...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Silke Brand-Kirsch
Schlegel und Partner

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search