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Inflation rate moves up to 0.26%

30
Apr '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 18th April, 2009 rose by 0.6 percent to 230.2 (Provisional) from 228.8 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.57 percent (Provisional) for the week ended 18/04/2009 (over 19/04/2008) as compared to 0.26 percent (Provisional) for the previous week (ended 11/04/2009) and 8.23 percent during the corresponding week (ended 19/04/2008) 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 0.3 percent to 201.6 (Provisional) from 200.9 (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 declined by 0.4 percent to 140.4 (Provisional) from 141.0 (Provisional) for the previous week due to lower prices of synthetic yarn (2%) and cotton yarn-hanks and cotton yarn-cones (1% each). However, the prices of hessian & sacking bags (1%) moved up.

The index for 'Chemicals & Chemical Products' group declined by 0.1 percent to 214.2 (Provisional) from 214.4 (Provisional) for the previous week due to lower prices of calcium ammonium nitrate n-content (5%).

The index for 'Non-Metallic Mineral Products' group rose by 0.05 percent to 219.1 (Provisional) from 219.0 (Provisional) for the previous week due to higher prices of building bricks (1%).

FINAL INDEX FOR THE WEEK ENDED 21st February, 2009
For the week ended 21/02/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 227.5 as compared to 227.6 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 2.99 percent as compared to 3.03 percent (Provisional) reported earlier vide press note dated 05/03/2009.

Press Information Bureau


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