Prices of hessian & woolen cloth up

10 Jul '09

2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 27th June 2009 rose by 0.04 percent to 234.7 (Provisional) from 234.6 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.55 percent (Provisional) for the week ended 27/06/2009 (over 28/06/2008) as compared to -1.30 percent (Provisional) for the previous week (ended 20/06/2009) and 12.03 percent during the corresponding week (ended 28/06/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:-
1.PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.3 percent to 258.5 (Provisional) from 257.6 (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 0.1 percent to 237.0 (Provisional) from 236.8 (Provisional) for the previous week due to higher prices of linseed (3%), raw wool (2%) and raw rubber, groundnut seed and raw cotton (1% each). However, the prices of niger seed (19%), sunflower (3%), copra (2%) and raw silk and rape & mustard seed (1% each) declined.

2.MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group declined by 0.1 percent to 205.7 (Provisional) from 205.9 (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 rose by 0.4 percent to 143.7 (Provisional) from 143.1 (Provisional) for the previous week due to higher prices of hessian cloth (7%), hessian & sacking bags (4%) and woollen cloth (1%).

The index for 'Chemicals & Chemical Products' group declined by 0.6 percent to 226.9 (Provisional) from 228.3 (Provisional) for the previous week due to lower prices of epoxy resins(35%), calcium ammonium nitrate n-content (16%) and methanol (3%).

3.FINAL INDEX FOR THE WEEK ENDED 2nd May 2009
For the week ended 02/05/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 233.9 as compared to 231.6 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 1.48 percent as compared to 0.48 percent (Provisional) reported earlier vide press note dated 14/05/2009.

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Press Information Bureau

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