Home / Knowledge / News / Textiles / Inflation rate slips to 0.13%; index for textiles group up
Inflation rate slips to 0.13%; index for textiles group up
19
Jun '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 6th June 2009 rose by 0.04 percent to 232.7 (Provisional) from 232.6 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.61 percent (Provisional) for the week ended 06/06/2009 (over 07/06/2008) as compared to 0.13 percent (Provisional) for the previous week (ended 30/05/2009) and 11.66 percent during the corresponding week (ended 07/06/2008) of the previous year.

The movement of the index for the various commodity groups is summarized below:-
1. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group declined by 0.7 percent to 256.0 (Provisional) from 257.7 (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 235.9 (Provisional) from 234.3 (Provisional) for the previous week due to higher prices of soyabean (11%) and raw rubber and gingelly seed (1% each). However, the prices of copra (2%) and castor seed, raw silk and groundnut seed (1% each) declined.

2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.7 percent to 326.2 (Provisional) from 324.0 (Provisional) for the previous week due to higher prices of furnace oil and naphtha (7% each) and light diesel oil (4%). However, the prices of bitumen (3%) declined.

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.1 percent to 203.8 (Provisional) from 203.5 (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 0.2 percent to 141.7 (Provisional) from 141.4 (Provisional) for the previous week due to higher prices of polyester staple fibre (3%) and hessian cloth (1%).

4. FINAL INDEX FOR THE WEEK ENDED 11th April 2009
For the week ended 11/04/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 230.4 as compared to 228.8 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 0.96 percent as compared to 0.26 percent (Provisional) reported earlier vide press note dated 23/04/2009.

For more INDEX detials Click here.

Press Information Bureau


Must ReadView All

Indian investors interested in denim production in Vietnam

Textiles | On 16th Aug 2018

Indian investors interested in denim production in Vietnam

Indian fabric firms are shifting attention from China to Vietnam,...

Pak ministry invests in training textile sector workers

Textiles | On 16th Aug 2018

Pak ministry invests in training textile sector workers

Pakistan’s ministry of commerce and textile industry is offering...

India's textiles, apparel exports fall by ₹8000 cr: Govt

Apparel/Garments | On 16th Aug 2018

India's textiles, apparel exports fall by ₹8000 cr: Govt

India’s textiles and apparel exports dropped by nearly ₹8,000 crore...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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


August 2018

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

news category


Related Categories:

Advanced Search