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WPI inflation for mfg products down by 0.1%

Updated: May 14, 2015 12:23:34pm
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New Delhi, May 14 (KNN) The Wholesale Price Index for ‘All Commodities’ for the month of April, 2015 declined by 0.1 per cent to 176.0 from 176.1 for the previous month and the index for the manufacturing products declined by 0.1 per cent. 
 
The annual rate of inflation, based on monthly WPI, stood at -2.65 per cent for the month of April, 2015 (over April, 2014) as compared to -2.33 per cent for the previous month and 5.55 per cent during the corresponding month of the previous year.

WPI inflation for 'Beverages, Tobacco & Tobacco Products' group rose by 0.1 percent due to higher price of dried tobacco. 

'Textiles' group inflation rose by 0.3 percent due to higher price of  man-made fibre (3%), jute sacking cloth (2%) and jute sacking bag and jute yarn (1% each).  However, the price of tyre cord fabric (2%) and cotton yarn and cotton fabric (1% each) declined.
 
The index for 'Wood & Wood Products' group rose by 1.6 percent due to higher price of plywood & fibre board (2%) and timber / wooden planks and processed wood (1% each). 
 
Meanwhile, index for 'rubber & Plastic Products' group declined by 0.2 per cent due to lower price of tubes (2%). 'Machinery & Machine Tools' group inflation declined by 0.3 per cent. (KNN Bureau)

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