Consumer price inflation for industrial workers, based on the All-India Consumer Price Index for Industrial Workers (CPI-IW) for August 2021 stood lower at 4.79 per cent compared to 5.27 per cent in the previous month and 5.63 per cent during the corresponding month a year before.
Similarly, food price inflation stood at 4.83 per cent against 4.91 per cent in the previous month and 6.06 per cent in the corresponding month a year ago.
The All-India Consumer Price Index for Industrial Workers (CPI-IW), however, increased by 0.1 point year-on-year and by 0.16 per cent compared to the previous month, data released by the Labour Bureau, attached to the ministry of labour and employment showed.
The maximum upward pressure in the current index came from miscellaneous group contributing 0.08 percentage points to the total change.
At item level, cow milk, dairy milk, mustard oil, palm oil, soyabean oil, almond, sugar, tea, cooking gas, hospital/nursing home charges, petrol, toilet soap etc were responsible for the rise in the index. However, this increase was largely checked by lower prices of rice, eggs, fish, poultry, apple, banana, guava, mausami, bitter gourd, cucumber, drum stick, french beans, lady’s finger, onion, potato etc putting downward pressure on the index.
At centre level, Ludhiana recorded maximum increase of 3.5 points, followed by Jalpaiguri, Guwahati, Jalandhar and Munger-Jamalpur with 2.9 points, 2.6 points, 2.1 points and 2.0 points, respectively. Among others,11 centres reported increases between 1 and 1.9 points and 33 centres between 0.1 and 0.9 points. On the contrary, Coonoor recorded a maximum decrease of 5.5 points, followed by Tirunelveli with 2.2 points. Among others, 5 centres showed a decline between 1 and 1.9 points and 26 centres between 0.1 and 0.9 points. Rest of 6 centres reported a stationary trend.