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Raw silk & cotton seed prices move up in previous week

17
Sep '09
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 5th September 2009 rose by 0.4 percent to 242.0 (Provisional) from 241.1 (Provisional) for the previous week.

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 1.3 percent to 274.7 (Provisional) from 271.2 (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 1.1 percent to 238.7 (Provisional) from 241.4 (Provisional) for the previous week due to lower prices of logs & timber (19%) and soyabean (5%). However, the prices of raw silk, cotton seed and raw rubber (3% each), copra (2%) and sunflower, castor seed and groundnut seed (1% each) moved up.

2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose marginally to 343.4 (Provisional) from 343.3 (Provisional) for the previous week due to higher prices of bitumen (9%), furnace oil and light diesel oil (4% each) and aviation turbine fuel (2%). However, the prices of naphtha (7%) declined.

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.1 percent to 208.1 (Provisional) from 207.9 (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 rose by 0.3 percent to 143.7 (Provisional) from 143.2 (Provisional) for the previous week due to higher prices of polyester staple fibre (5%) and hessian cloth and hessian & sacking bags (2% each).

4. FINAL INDEX FOR THE WEEK ENDED 11th July 2009
For the week ended 11/07/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 238.0 as compared to 236.7 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -0.63 percent as compared to -1.17 percent(Provisional)reported earlier vide press note dated 23/07/2009.

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Press Information Bureau


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