Home / Knowledge / News / Textiles / Inflation up, benzene prices dearer by 27%
Inflation up, benzene prices dearer by 27%
14
May '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 2nd May 2009 rose by 0.4 percent to 231.6 (Provisional) from 230.7 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.48 percent (Provisional) for the week ended 02/05/2009 (over 03/05/2008) as compared to 0.70 percent (Provisional) for the previous week (ended 25/04/2009) and 8.73 percent during the corresponding week (ended03/05/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:- PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.4 percent to 254.7 (Provisional) from 253.7 (Provisional) for the previous week.

The groups and items for which the index showed variations during the week are as follows:-
The index for 'Non-Food Articles' group rose by 0.8 percent to 233.3 (Provisional) from 231.5 (Provisional) for the previous week due to higher prices of raw wool (24%), raw rubber and sunflower (6% each), raw cotton (2%) and copra (1%). However, the prices of raw silk (2%) and tobacco (1%) declined.

FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.2 percent to 323.7 (Provisional) from 323.0 (Provisional) for the previous week due to higher prices of furnace oil and naphtha (3% each) and light diesel oil (1%). However, the prices of bitumen and aviation turbine fuel (1% each) declined.

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.4 percent to 203.0 (Provisional) from 202.2 (Provisional) for the previous week.

The groups and items for which the index showed variations during the week are as follows:-
The index for 'Chemicals & Chemical Products' group rose by 1.3 percent to 217.6 (Provisional) from 214.9 (Provisional) for the previous week due to higher prices of pesticides (33%), benzene (27%), calcium ammonium nitrate n-content (24%) and purified terephthalic acid (pta) (11%). However, the prices of p.v.c. resin (6%) and methanol (2%) declined.

FINAL INDEX FOR THE WEEK ENDED 7th March 2009
For the week ended 07/03/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 227.7 as compared to 226.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 0.89 percent as compared to 0.44 percent (Provisional) reported earlier vide press note dated 19/03/2009.

For more detials click here.

Press Information Bureau


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Wendell Rodricks
Wendell Rodricks

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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