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Index for textiles group up
Jun '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 23rd May 2009 rose by 0.04 percent to 232.3 (Provisional) from 232.2 (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 23/05/2009 (over 24/05/2008) as compared to 0.61 percent (Provisional) for the previous week (ended 16/05/2009) and 8.90 percent during the corresponding week (ended24/05/2008) 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 'Non-Food Articles' group declined by 0.1 percent to 234.5 (Provisional) from 234.7 (Provisional) for the previous week due to lower prices of gingelly seed (1%). However, the prices of raw silk (7%) and raw rubber (3%) moved up.

The index for this major group remained unchanged at its previous week's level of 203.5 (Provisional). The groups and items for which the index showed variations during the week are as follows:-

The index for 'Textiles' group rose by 0.4 percent to 141.5 (Provisional) from 141.0 (Provisional) for the previous week due to higher prices of texturised yarn (9%) and nylon filament yarn, hessian cloth and hessian & sacking bags (1% each).

The index for 'Leather & Leather Products' group declined by 0.7 percent to 166.2 (Provisional) from 167.4 (Provisional) for the previous week due to lower prices of footwear western type (1%).

The index for 'Machinery & Machine Tools' group declined by 0.1 percent to 172.3 (Provisional) from 172.4 (Provisional) for the previous week due to lower prices of airconditioners (9%).

For the week ended 28/03/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 228.6 as compared to 227.3 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 0.84 percent as compared to 0.26 percent (Provisional) reported earlier vide press note dated 10/04/2009.

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Press Information Bureau

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