Home / Knowledge / News / Apparel/Garments / India's WPI inflation for apparel up 0.7% in August

India's WPI inflation for apparel up 0.7% in August

14
Sep '18
Courtesy: Unsplash
Courtesy: Unsplash
India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 4.53 per cent for the month of August 2018 over same month of last year. The index for apparel increased by 0.7 per cent to 139.1 in August, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry.

The official WPI for all commodities (Base: 2011-12 = 100) for the month of August 2018 rose by 0.3 per cent to 120.0 from the previous month’s level of 119.7, the data showed.

The index for manufactured products (weight 64.23 per cent) for August 2018 rose by 0.3 per cent to 117.8 from 117.4 for the previous month. The index for ‘Manufacture of Wearing Apparel’ sub-group rose by 0.7 per cent to 139.1 from 138.2 for the previous month due to higher price of knitted and crocheted apparel (1 per cent).

The index for ‘Manufacture of Textiles’ sub-group also rose by 0.4 per cent to 117.6 from 117.1 for the previous month due to higher price of made-up textile articles, except apparel (2 per cent); and synthetic yarn, texturised & twisted yarn, manufacture of knitted & crocheted fabrics and cotton yarn (1 per cent each). However, the price of manufacture of other textiles (1 per cent) declined.

The index for primary articles (weight 22.62 per cent) rose by 0.1 per cent to 135.1 from 134.9 for the previous month. The index for fuel and power (weight 13.15 per cent) also rose by 0.5 per cent to 104.9 from 104.4 for the previous month due to higher price of LPG, petroleum coke, kerosene, ATF, naphtha and bitumen.

Meanwhile, the all-India consumer price index (CPI) on base 2012=100 stood at 3.69 (provisional) in August 2018 compared to 4.17 (final) in July, 2018 and 3.28 in August, 2017, according to the Central Statistics Office, ministry of statistics and programme implementation. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Clariant

Textiles | On 15th Jul 2020

PolyOne buys colour masterbatch businesses of Clariant

PolyOne Corporation, a global provider of specialised polymer...

Pic: Thiti Sukapan / Shutterstock.com

Apparel/Garments | On 15th Jul 2020

Japan's clothing imports down 6.2% in 2019-20

Japan’s imports of clothing and accessories decreased by 1.5 per cent ...

Pic: CGS

Retail | On 15th Jul 2020

US, UK buyers ready to pay more for sustainability: survey

The United Kingdom is home to more eco-friendly consumers, but both...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Headhonchos, Indian textile value chain

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Ismail Ajani,

Ismail Ajani

Hollywood Footwear’s story began in 1946 when Jummabhai Ajani started the...

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain, Madhu Jain

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

Leave your Comments


July 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search