India’s annual rate of inflation dropped to 2.17 per cent for May 2017 over May 2016. The index for manufacturing of apparel declined by 0.4 per cent in May 2017 from April 2017 due to lower price of leather garments, including jackets and shirts.

The monthly wholesale price index for manufacturing of apparel declined by 0.4 per cent in May 2017 from April 2017 due to lower price of leather garments, including jackets and shirts. The index for all commodities for May 2017 declined by 0.4 per cent from the previous month.

The index for manufactured products for May 2017 rose by 0.4 per cent from the previous month. The index for the textiles sub-group increased by 0.3 per cent from the previous month due to higher price of cotton yarn and manufacture of other textiles, texturised and twisted yarn and manufacture of made-up textile articles. However, the price of synthetic yarn and manufacture of knitted and crocheted fabrics and manufacture of cordage, rope, twine and netting declined.

The index for primary articles declined by 1.5 per cent from the previous month. The index for fuel and power also declined by 2.1 per cent from the previous month due to lower prices of LPG, bitumen, electricity, naptha, ATF, petrol and HSD. However, the price of petroleum coke, lignite and kerosene moved up.