Home / Knowledge / News / Textiles / Inflation shows variations during the week
Inflation shows variations during the week
10
Sep '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 29th August 2009 rose by 0.2 percent to 241.1 (Provisional) from 240.7 (Provisional) for the previous week.

1. INFLATION
The annual rate of inflation, calculated on point to point basis, stood at -0.12 percent (Provisional) for the week ended 29/08/2009 over (30/08/2008) as compared to -0.21 percent (Provisional) for the previous week (ended 22/08/2009) and 12.38 percent during the corresponding week (ended 30/08/2008 of the previous year. Build up inflation in the financial year so far was 5.47% compared to a build up of 6.48% in the corresponding period of the previous year.

The movement of the index for the various commodity groups is summarized below:-

2. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.3 percent to 271.2 (Provisional) from 270.4 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.2 percent to 207.9 (Provisional) from 207.5 (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 229.4 (Provisional) from 226.4 (Provisional) for the previous week due to higher prices of household laundry soap (35%), synthetic detergent (17%), toilet soap and tooth paste (6% each) and carbon black (1%). However, the prices of synthetic resins (27%) declined.

4. FINAL INDEX FOR THE WEEK ENDED 4th July 2009
For the week ended 04/07/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 237.5 as compared to 236.4 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -0.75 percent as compared to -1.21 percent (Provisional) reported earlier vide press note dated 16/07/2009

Fo more detalis Click here.

Press Information Bureau


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Urs Stalder
Sanitized AG

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X