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Textile machinery parts & carding machine price up
16
Aug '10
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the month of July, 2010 rose by 1.0 percent to 262.5 (Provisional) from 259.8 (Provisional) for the previous month.

Inflation
The annual rate of inflation, based on monthly WPI, stood at 9.97% (Provisional) for the month of July, 2010 (over July, 2009) as compared to 10.55 % (Provisional) for the previous month and -0.54% during the corresponding month of the previous year. Build up inflation in the financial year so far was 3.59% compared to a build up of 4.60% in the corresponding period of the previous year.

The index for 'Non-Food Articles' group rose by 0.8 percent to 288.7 (Provisional) from 286.4 (Provisional) for the previous month due to higher prices of raw rubber (7%), castor seed (5%), raw silk and fodder (4% each), groundnut seed (3%), raw jute, copra and sunflower (2% each) and rape & mustard seed, gingelly seed and tobacco (1% each). However, the prices of niger seed (3%), raw cotton (2%) and linseed (1%) declined.

The index for 'Textiles' group declined by 0.4 percent to 163.6 (Provisional) from 164.2 (Provisional) for the previous month due to lower prices of hessian cloth (14%), hessian & sacking bags (3%), other cotton yarn (2%) and polyester staple fibre and nylon filament yarn (1% each). However, the prices of texturised yarn (3%), synthetic yarn (2%) and cotton yarn-cones and cotton yarn-hanks (1% each) moved up.

The index for 'Chemicals & Chemical Products' group rose by 0.4 percent to 240.4 (Provisional) from 239.5 (Provisional) for the previous month due to higher prices of epoxy resins (44%), liquid chlorine (7%), liquid oral other than vitamins and synthetic resins (2% each) and syrup, urea n_content, liquid injectables other than vitamins, carbon black and resins(all kinds) (1% each). However, the prices of benzene (8%), p.v.c. resins (5%), purified terephthalic acid (pta) (4%), caustic soda (3%) and vitamin tablets, pesticides and acid (all kinds) (1% each) declined.

The index for 'Machinery & Machine Tools' group rose by 0.5 percent to 179.5 (Provisional) from 178.6 (Provisional) for the previous month due to higher prices of telephone instruments (16%), ring spinning & doubling frames (10%), textile machinery parts (5%), carding machine (4%), rubber insulated cables (3%), other textile machinery, other cables, tractor components & accessories and valve (all types) (2% each) and components & accessories of switch gears, p.v.c. insulated cables, cranes, electric motors, complete engines and power driven pumps (1% each). However, the prices of material handling equipment (6%), enamelled copper wires (3%), electrical generators (2%) and other pumps (1%) declined.

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