Index for textiles group up by 0.3%

23 Apr '09

2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 11th April 2009 rose by 0.3 percent to 228.8 (Provisional) from 228.2 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.26 percent (Provisional) for the week ended 11/04/2009 (over 12/04/2008) as compared to 0.18 percent (Provisional) for the previous week (ended 04/04/2009) and 7.95 percent during the corresponding week (ended12/04/2008) of the previous year.

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

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.2 percent to 200.9 (Provisional) from 200.5 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Textiles' group rose by 0.3 percent to 141.0 (Provisional) from 140.6 (Provisional) for the previous week due to higher prices of hessian cloth and synthetic yarn (2% each) and polyster staple fibre and hessian & sacking bags (1% each).

The index for 'Chemicals & Chemical Products' group rose by 0.05 percent to 214.4 (Provisional) from 214.3 (Provisional) for the previous week due to higher prices of p.v.c. resins (4%) and caustic soda (sodium hydroxide) (1%). However, the prices of liquid chlorine (2%) and bopp film (1%) declined.

The index for 'Machinery & Machine Tools ' group declined by 0.1 percent to 172.4 (Provisional) from 172.5 (Provisional) for the previous week due to lower prices of hydraulic pumps (7%).

FINAL INDEX FOR THE WEEK ENDED 14th February 2009
For the week ended 14/02/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 227.4 as compared to 227.8 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 3.18 percent as compared to 3.36 percent (Provisional) reported earlier vide press note dated 26/02/2009.

Press Information Bureau

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