Home / Knowledge / News / Textiles / Inflation index for textile group grows by 0.3%

Inflation index for textile group grows by 0.3%

08
Oct '09
The official Wholesale Price Index for 'All Commodities'(Base: 1993-94 = 100) for the week ended 26th September, 2009 declined by 0.1 percent to 243.0 (Provisional) from 243.3 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 0.70 percent (Provisional) for the week ended 26/09/2009 (over 27/09/2008) as compared to 0.83 percent (Provisional) for the previous week (ended 19/09/2009) and 12.08 percent during the corresponding week (ended 27/09/2008) of the previous year.

1. INFLATION
The annual rate of inflation, calculated on point to point basis, stood at 0.70 percent (Provisional) for the week ended 26/09/2009 over (27/09/2008) as compared to 0.83 percent (Provisional) for the previous week (ended 19/09/2009) and 12.08 percent during the corresponding week (ended 27/09/2008 of the previous year. Build up inflation in the financial year so far was 6.30% compared to a build up of 6.44% in the corresponding period of the previous year. 52 week average inflation for the week ended 26/09/2009 was 2.84%.

2. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.1 percent to 276.8 (Provisional) from 276.5 (Provisional) for the previous week.

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group declined by 0.2 percent to 208.5 (Provisional) from 209.0 (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 144.7 (Provisional) from 144.3 (Provisional) for the previous week due to higher prices of hessian & sacking bags and hessian cloth (4% each).

4. FINAL INDEX FOR THE WEEK ENDED 1st August 2009
For the week ended 01/08/2009, the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 239.4 as compared to 237.2 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -0.83 percent as compared to -1.74 percent (Provisional) reported earlier vide press note dated 13/08/2009.

For more details Click here.

Press Information Bureau


Must ReadView All

UK international trade secretary Liz Truss (left) and Japan’s foreign minister Motegi Toshimitsu signing the UK–Japan CEPA. Pic: Gov.UK

Textiles | On 23rd Oct 2020

UK, Japan sign economic partnership agreement

The UK and Japan today officially signed the Comprehensive Economic...

Pic: Shutterstock

Textiles | On 23rd Oct 2020

Design EPRs to back circularity in textile sector: EURATEX

Extended producer responsibility (EPR), which aims at ensuring...

Pic: Shutterstock

Retail | On 23rd Oct 2020

ABG & AR Holdings to grow Forever 21 in Latin America

Authentic Brands Group (ABG) and AR Holdings, a leading retail...

Interviews View All

Hannah Lane, Redress

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Boban Charly,

Boban Charly

Bierrebi designs and manufactures automatic machines that cut fabric into...

Emanuel Fertuzinhos,

Emanuel Fertuzinhos

Founded in 1981, Lisama, a Portuguese company, is a pioneer in the textile ...

Kamal Kulshreshth,

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

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

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


October 2020

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


Advanced Search