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

Pic: Shutterstock

Apparel/Garments | On 17th Aug 2019

EBA benefit withdrawal to hurt 4 mn Cambodians: GMAC

The Garment Manufacturers Association in Cambodia recently said the...

Pic: Infinited Fiber

Textiles | On 17th Aug 2019

Infinited Fiber receives lead investment from RGE

Singapore-based RGE Pte Ltd has joined a group of investors including ...

Pic: Macy's

Apparel/Garments | On 17th Aug 2019

Macy's net sales down to $5,546 mn in Q2 of 2019

Macy's Inc reported net sales of $5,546 million in Q2 of 2019 ending...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Siddharth Biyani, Mangalam Industries Pvt Ltd

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

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

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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 2019

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

news category


Related Categories:

Advanced Search