Latest News | Retail Inflation for Rural Workers Rises to 6.99 Pc in Nov
Get latest articles and stories on Latest News at LatestLY. Retail inflation for farm and rural workers rose to 6.87 per cent and 6.99 per cent, respectively, in November on annual basis mainly due to lower prices of certain food items.
New Delhi, Dec 20 (PTI) Retail inflation for farm and rural workers rose to 6.87 per cent and 6.99 per cent, respectively, in November on annual basis mainly due to lower prices of certain food items.
Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labours) and CPI-RL (rural labourers) stood at 7.22 per cent & 7.34 per cent respectively in October, 2022 and 3.02 per cent and 3.38 per cent, respectively, during the corresponding month (November 2021) of the previous year, a labour bureau statement said.
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Food inflation stood at 6.19 per cent and 6.05 per cent in November, 2022 compared to 7.05 per cent and 7 per cent respectively in October 2022 and 0.88 per cent and 1.07 per cent respectively during the corresponding month (November 2021) of the previous year, it stated.
The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of November 2022 increased by 8 points each to stand at 1167 and 1178 points respectively.
The CPI-AL was at 1,159 points in October 2022, while CPI-RL was at 1,170 points.
The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food group to the extent of 4.05 & 3.56 points respectively mainly due to an increase in prices of rice, wheat-atta, jowar, bajra, pulses, meat goat, mustard-oil, milk, ghee, onion, chillies dry, mixed spices, tea-readymade, etc.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)