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Prices of purified terephthalic acid & benzene up

13 Aug '09
2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 1st August 2009 rose by 0.1 percent to 237.2 (Provisional) from 236.9 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.74 percent (Provisional) for the week ended 01/08/2009 (over 02/08/2008) as compared to -1.58 percent (Provisional) for the previous week (ended 25/07/2009) and 12.91 percent during the corresponding week (ended 02/08/2008) 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 0.1 percent to 262.5 (Provisional) from 262.2 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Non-Food Articles' group rose marginally to 241.6 (Provisional) from 241.5 (Provisional) for the previous week due to higher prices of raw silk (3%) and fodder and gingelly seed (1% each).

2. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.1 percent to 205.9 (Provisional) from 205.6 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Textiles' group rose by 0.2 percent to 143.9 (Provisional) from 143.6 (Provisional) for the previous week due to higher prices of woollen cloth and texturised yarn (2% each) and polyester staple fibre (1%).

The index for 'Chemicals & Chemical Products' group rose by 0.1 percent to 227.4 (Provisional) from 227.1 (Provisional) for the previous week due to higher prices of purified terephthalic acid (pta) (13%) and benzene (9%).

3. FINAL INDEX FOR THE WEEK ENDED 6th June 2009
For the week ended 06/06/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 234.1 as compared to 232.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -1.01 percent as compared to -1.61 percent (Provisional)reported earlier vide press note dated
19/06/2009.

For details of Index numbers of wholesale prices in india Click here.

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