Prices of raw wool, raw silk & hessian cloth go up

02 Jul '09

2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 20th June 2009 rose by 0.2 percent to 234.6 (Provisional) from 234.2 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.30 percent (Provisional) for the week ended 20/06/2009 (over 21/06/2008) as compared to -1.14 percent (Provisional) for the previous week (ended 13/06/2009) and 11.91 percent during the corresponding week (ended 21/06/2008) 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 rose by 0.5 percent to 257.6 (Provisional) from 256.3 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Non-Food Articles' group rose by 0.3 percent to 236.8 (Provisional) from 236.0 (Provisional) for the previous week due to higher prices of fodder (4%) and groundnut seed (2%). However, the prices of raw wool (4%), raw silk and raw rubber (2% each) and copra and linseed (1% each) declined.

2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.1 percent to 327.9 (Provisional) from 327.5 (Provisional) for the previous week due to higher prices of naphtha (2%).

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.05 percent to 205.9 (Provisional) from 205.8 (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 143.1 (Provisional) from 142.7 (Provisional) for the previous week due to higher prices of hessian cloth (6%) and hessian & sacking bags (2%).

4. FINAL INDEX FOR THE WEEK ENDED 25th April 2009
For the week ended 25/04/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 233.1 as compared to 230.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 1.75 percent as compared to 0.70 percent (Provisional) reported earlier vide press note dated 07/05/2009.

Click here for Index Numbers of Wholesale Prices in India.

Press Information Bureau

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