Consumer price inflation for industrial workers rises to 3.97% in November

Consumer price inflation for industrial workers (CPI-IW) for November 2017 stood at 3.97 per cent against 3.24 per cent for the previous month and 2.59 per cent during the corresponding month of the previous year.

Similarly, food price inflation in November stood at 3.91 per cent against 2.26 per cent in the previous month and 1.66 per cent during the corresponding month of the previous year.

Consumer price inflation for industrial workers based on the all-India consumer price index for industrial workers (CPI-IW) increased by 0.35 per cent between October 2017 and November 2017 compared with a decrease of (-) 0.36 per cent for the corresponding months of the previous year.

The maximum upward pressure to the change in current index came from food group contributing 1.10 percentage points to the total change.

 At item level, wheat flour (atta), eggs, mutton, milk (cow), onion, tamarind, bitter gourd, cabbage, carrot, coconut, potato, tomato, cooking gas, electricity, firewood, kerosene, private tuition fee, petrol, barber charges, etc are responsible for the increase in CPI.

However, this increase was checked by lower prices of arhar dal, gram dal, masur dal, urd dal, groundnut oil, fresh fish, poultry, green chillies, garlic, ginger, brinjal, cauliflower, French beans, green coriander leaves, methi, palak, radish, apple, banana etc putting downward pressure on the index.

At the centre level, Giridih reported the maximum increase of (7 points) followed by Salem and Puducherry (6 points each) and Rourkela, Sholapur, Mercara and Ghaziabad (5 points each). Among others, 4 points increase was observed in 5 centres, 3 points in 16 centres, 2 points in 13 centres and 1 point in 12 centres.

On the other hand, Kolkata recorded a maximum decrease of 3 points followed by Munger-Jamalpur, Amritsar, Chandigarh and Doom Dooma Tinsukia (2 points each). Among others, 1 point decrease was observed in 7 centres. Rest of the 13 centres' indices remained stationary.

The indices of 34 centres are above all-India Index and 42 centres indices are below national average. The indices of Vishakhapathnam and Ghaziabad centres remained at par with All-India Index.