Home / Knowledge / News / Textiles / Inflation falls further to 0.18%
Inflation falls further to 0.18%
16
Apr '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 4th April, 2009 rose by 0.4 percent to 228.2 (Provisional) from 227.3 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.18 percent (Provisional) for the week ended 04/04/2009 (over 05/04/2008) as compared to 0.26 percent (Provisional) for the previous week (ended 28/03/2009) and 7.71 percent during the corresponding week (ended 05/04/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:-

PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 1.1 percent to 247.6 (Provisional) from 245.0 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Non-Food Articles' group rose by 0.7 percent to 228.7 (Provisional) from 227.0 (Provisional) for the previous week due to higher prices of raw rubber (6%), raw cotton (3%) and raw silk (2%). However, the prices of rape & mustard seed (1%) declined.

FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.5 percent to 322.6 (Provisional) from 320.9 (Provisional) for the previous week due to higher prices of aviation turbine fuel (12%), naphtha (8%), light diesel oil (3%) and bitumen (2%). However, the prices of furnace oil (1%) declined.

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.1 percent to 200.5 (Provisional) from 200.3 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
The index for 'Chemicals & Chemical Products' group rose by 0.1 percent to 214.3 (Provisional) from 214.0 (Provisional) for the previous week due to higher prices of benzene (13 %), liquid injectables other than vitamins (3%), p.v.c. resins and tablets except vitamin & penicillin (2% each). However, the prices of liquid chlorine (25 %), acid (all kinds) (3 %) and caustic soda (sodium hydroxide) (1%) declined.

FINAL INDEX FOR THE WEEK ENDED 7th February 2009
For the week ended 07/02/2009, the final wholesale price index for 'All Commodities' (Base: 1993-94=100) stood at 227.5 as compared to 228.0 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 3.69 percent as compared to 3.92 percent (Provisional) reported earlier vide press note dated 19/02/2009.

Press Information Bureau


Must ReadView All

Courtesy: Mikes Photos from Pexels

Apparel/Garments | On 17th Oct 2018

Bangladesh garment exports swell 14.66% in Q1 FY19

Readymade garment exports from Bangladesh increased by 14.66 per cent ...

Courtesy: Sourcemap

Apparel/Garments | On 17th Oct 2018

Sourcemap launches 1st free digital map of apparel units

New York-based software company Sourcemap recently launched the Open...

US apparel industry is already highly tariffed: AAFA

Apparel/Garments | On 17th Oct 2018

US apparel industry is already highly tariffed: AAFA

The American apparel and footwear industry is highly tariffed, as per ...

Interviews View All

Sachin Sharma, Gem Enviro Management Pvt Ltd

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave 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


October 2018

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

news category


Related Categories:

Advanced Search