Home / Knowledge / News / Apparel/Garments / WPI inflation for apparel up 0.4% in April 2019

WPI inflation for apparel up 0.4% in April 2019

15
May '19
Pic: Pexels
Pic: Pexels
India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 3.07 per cent for the month of April 2019. The index for textiles rose by 0.6 per cent while for apparel it was up by 0.4 per cent in April, 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 April 2019 rose by 0.8 per cent to 120.9 from the previous month’s level of 120.0, the data showed.

The index for manufactured products (weight 64.23 per cent) for April 2019 remained unchanged at its previous month level of 118.3. The index for ‘Manufacture of Wearing Apparel’ sub-group rose by 0.4 per cent to 138.5 from 138.0 for the previous month due to higher price of knitted and crocheted apparel (2 per cent).

The index for ‘Manufacture of Textiles’ sub-group rose by 0.6 per cent to 119.4 from 118.7 for the previous month due to higher price of manufacture of cordage, rope, twine and netting (2 per cent) and cotton yarn and weaving and finishing of textiles (1 per cent each). However, the price of woollen yarn declined by one per cent.

The index for primary articles (weight 22.62 per cent) rose by 3.3 per cent to 139.2 from 134.7 for the previous month. The index for fuel and power (weight 13.15 per cent) declined by 0.5 per cent to 102.8 from 103.3 for the previous month due to higher price of LPG, naphtha, petrol, kerosene, and ATF. However, the price of petroleum coke, furnace oil and HSD declined.

Meanwhile, the all-India consumer price index (CPI) on base 2012=100 stood at 2.92 (provisional) in April 2019 compared to 2.86 (final) in March 2019 and 4.58 in April 2018, according to the Central Statistics Office, ministry of statistics and programme implementation. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Vietnamese firms strive to raise exports to CPTPP nations

Textiles | On 22nd May 2019

Vietnamese firms strive to raise exports to CPTPP nations

Vietnamese textile and garment exports to Trans-Pacific Partnership...

Pic: USDA

Textiles | On 22nd May 2019

USDA predicts record world cotton mill use in 2019-20

A record-high global cotton mill use is forecast for 2019-20 season,...

Pic: Google

Information Technology | On 22nd May 2019

Google's new tool to check fashion's environmental impact

Google will be building a tool that uses data analytics and machine...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

RoSCTL is need of the hour

Top executives, Retailers

Top executives
Retailers

Weak rupee breeds inflation

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Farheen B Rahman & Priti Jain,

Farheen B Rahman & Priti Jain

Founded by business-designer duo <b>Priti Jain and Farheen Rahman</b>,...

Puneet Jain & Yatin Jain,

Puneet Jain & Yatin Jain

Odhni is an indutva or ethnicwear brand started in 1999 by the Jain...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

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

Robert Brunner, Devereux

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

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


June 2019

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

news category


Related Categories:

Advanced Search