Home / Knowledge / News / Textiles / India's WPI inflation for textiles up 0.3% in Nov 2017
India's WPI inflation for textiles up 0.3% in Nov 2017
14
Dec '17
India
India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 3.93 per cent for the month of November 2017 over same month of last year. The index for ‘Manufacturing of Textiles’ group rose by 0.3 per cent to 113.5. The index for ‘Manufacturing of Wearing Apparel’ group also rose by 0.3 per cent to 137.5 in November.

The official WPI for all commodities (Base: 2011-12 = 100) for the month of November 2017 rose by 0.7 per cent to 116.3 from 115.5 for the previous month, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry.

The index for manufactured products (weight 64.23 per cent) for November 2017 rose by 0.2 per cent to 113.9 from 113.7 for the previous month. The index for textiles sub-group increased by 0.3 per cent to 113.5 from 113.2 for the previous month due to higher price of weaving and finishing of textiles (2 per cent) and synthetic yarn, luore yarn, luorescen and twisted yarn, and viscose yarn (1 per cent each).  However, the price of cotton yarn and manufacture of cordage, rope, twine and netting (2 per cent each), and manufacture of knitted and crocheted fabrics (1 per cent) declined.

The index for ‘Manufacture of Wearing Apparel’ sub-group rose by 0.3 per cent to 137.5 in November 2017 from 137.1 for the previous month due to higher price of manufacture of knitted and crocheted apparel (1 per cent).

The index for primary articles (weight 22.62 per cent) rose by 1.6 per cent to 135.6 from 133.4 for the previous month. The index for fuel and power (weight 13.15 per cent) also increased by 1.6 per cent to 95 from 93.5 for the previous month due to higher price of LPG, naphtha, petroleum coke, ATF, furnace oil, bitumen, HSD and petrol. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Manfred Mentges, Sedo Treepoint GmbH

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

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

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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


September 2018

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

news category


Related Categories:

Advanced Search