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Index for textiles group up

23
Jul '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 11th July 2009 rose by 0.1 percent to 236.7 (Provisional) from 236.4 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.17 percent (Provisional) for the week ended 11/07/2009 (over 12/07/2008) as compared to -1.21 percent (Provisional) for the previous week (ended 04/07/2009) and 12.13 percent during the corresponding week (ended 12/07/2008) 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 0.7 percent to 260.3 (Provisional) from 258.5 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Non-Food Articles' group rose by 0.3 percent to 238.4 (Provisional) from 237.7 (Provisional) for the previous week due to higher prices of copra (3%), raw silk (2%), soyabean, raw cotton and linseed (1% each). However, the prices of raw wool (2%) and sunflower, raw rubber and gingelly seed (1% each) declined.

2. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group declined by 0.1 percent to 205.9 (Provisional) from 206.1 (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 0.1 percent to 143.7 (Provisional) from 143.6 (Provisional) for the previous week due to higher prices of texturised yarn (5%). However, the prices of hessian cloth and hessian & sacking bags (1% each) declined.

3. FINAL INDEX FOR THE WEEK ENDED 16th May 2009
For the week ended 16/05/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 234.6 as compared to 232.2 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 1.65 percent as compared to 0.61 percent (Provisional) reported earlier vide press note dated 28/05/2009.

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