Interviews
Inflation rate declines due to cheaper raw cotton & cotton seed
27 Feb '06
1 min read
Lower prices of raw cotton, cotton seed and groundnut seed caused a decrease of 0.06 percent in annual inflation rate.
The rate dropped slightly to 4.02 percent for the week ended February 11, in comparison to 4.08 percent for the previous week.
The inflation rate was 5.12 percent during the same period last year, according to figures released by Ministry of Commerce and Industry.
The Wholesale Price Index (WPI) for all commodities increased by 0.2 percent to 196.6 from 196.2 for the previous week.
The final WPI for all commodities for the week ended December 17, 2005, stood unchanged at the provisional week's level of 197.1, while the inflation rate stood unchanged at 4.62 percent for the same week.
Due to manufactured goods, inflation has remained about the 3 percent since October 2005.
Except textiles, all other categories in this group have been reflecting an upward trend.
The price index of primary articles has been increasing since August 2005.
Global high oil prices are mainly responsible for the constant 9 percent or more inflation in the energy segment of the WPI.
The rate dropped slightly to 4.02 percent for the week ended February 11, in comparison to 4.08 percent for the previous week.
The inflation rate was 5.12 percent during the same period last year, according to figures released by Ministry of Commerce and Industry.
The Wholesale Price Index (WPI) for all commodities increased by 0.2 percent to 196.6 from 196.2 for the previous week.
The final WPI for all commodities for the week ended December 17, 2005, stood unchanged at the provisional week's level of 197.1, while the inflation rate stood unchanged at 4.62 percent for the same week.
Due to manufactured goods, inflation has remained about the 3 percent since October 2005.
Except textiles, all other categories in this group have been reflecting an upward trend.
The price index of primary articles has been increasing since August 2005.
Global high oil prices are mainly responsible for the constant 9 percent or more inflation in the energy segment of the WPI.
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