Consumer price inflation for industrial workers rose to 5.85% in August
10 Oct 2022
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Consumer price inflation rate based on the All-India Consumer Price Index for Industrial Workers (CPI-IW) for August 2022 increased to 5.85 per cent year-on-year compared to 5.78 per cent for the previous month and 4.80 per cent during the corresponding month a year before.
Similarly, food price inflation for the month stood at 6.46 per cent against 5.96 per cent of the previous month and 4.83 per cent during the corresponding month a year ago.
The maximum upward pressure in current index came from food and beverages group contributing 0.19 percentage points to the total change.
At item level rice, wheat floura, arhar/tur dal, wheat, mango, buffalo milk, cooked meal, telephone charges mobile etc were responsible for the rise in index. However, this increase was largely offset by lower prices of apple, tomato, poultry chicken, soyabeen oil, sunflower oil, egg, electricity (domestic), petrol etc.
At centre level, Solapur recorded a maximum increase of 3.9 points, followed by Agra with 3.2 points. Among others, 5 centres recorded increase between 2 and 2.9 points, 20 centres between 1 and 1.9 points and 27 centres between 0.1 ando 0.9 points. On the contrary, Jamshedpur recorded a maximum decrease of 3.7 points. Among others, 8 centers recorded decrease between 1 and 1.9 points and 24 centres between 0.1 and 0.9 points. The remaining one centre reported index remaining stationary.
