Trade Resources Industry Views IPRI for Textiles Increased by 0.6 Percent Year-on-Year in June 2013

IPRI for Textiles Increased by 0.6 Percent Year-on-Year in June 2013

The Industrial Price Index (IPRI) for textiles increased by 0.6 percent year-on-year in June 2013, according to the data released by the National Statistics Institute (INE).
 
In the making of garments, the IPRI showed a decline of 1.3 percent during the month.
 
The manufacturing industry, which includes manufacturing of textiles and clothing, recorded a 0.8 percent rise during the month under review.
 
Overall, the annual rate of the IPRI stood at 1.3 percent in June, almost seven-tenths higher than that registered in May.
 
IPRI measures the monthly change in prices of industrial products manufactured and sold. The index measures ex-factory selling prices that do not include expenses incurred on marketing, transportation and value-added tax (VAT).

Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=149308
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Topics: Textile