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Inflation drops, prices of synthetic yarn moves up

20
Aug '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 8th August 2009 rose by 0.1 percent to 237.4 (Provisional) from 237.2 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.53 percent (Provisional) for the week ended 08/08/2009 (over 09/08/2008) as compared to -1.74 percent (Provisional) for the previous week (ended 01/08/2009) and 12.82 percent during the corresponding week (ended09/08/2008) 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 0.2 percent to 262.9 (Provisional) from 262.5 (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 declined by 0.1 percent to 241.4 (Provisional) from 241.6 (Provisional) for the previous week due to lower prices of raw silk (2%). However, the prices of raw rubber (2%) moved up.

2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group declined marginally to 338.2 (Provisional) from 338.3 (Provisional) for the previous week due to lower prices of light diesel oil (2%) and naphtha (1%). However the prices of bitumen (1%) moved up.

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.1 percent to 206.1 (Provisional) from 205.9 (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 0.1 percent to 143.7 (Provisional) from 143.9 (Provisional) for the previous week due to lower prices of hessian cloth (3%). However, the prices of synthetic yarn (1%) moved up.

4. FINAL INDEX FOR THE WEEK ENDED 13th June 2009
For the week ended 13/06/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) and annual rate of inflation based on final index, calculated on point to point basis, stood at their provisional week's level of 234.2 and -1.14 percent reported earlier vide press note dated 25/06/2009.

Click here for Index numbers if Wholesale Prices.

Press Information Bureau


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