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Retail inflation for industrial workers dips sequential

Yatheendradas C.k. at 05:19 AM - Aug 02, 2018 ( ) Views: 78

Retail inflation for industrial workers dips sequentially in June


The All-India Consumer Price Index for Industrial Workers (CPI-IW) for June 2018 came in at 3.93 per cent. This was marginally lower than the 3.96 per cent print for May 2018.

The latest reading was however much higher than the CPI-IW level of 1.08 per cent during June last year, official data released on Wednesday said.

Similarly, the food inflation stood at 0.97 per cent against 1.66 per cent in the previous month and (-) 1.28 per cent during the corresponding month of the previous year.

The maximum upward pressure to the change in current index came from food group contributing (+) 1.86 percentage points to the total change. At item level, rice, fish fresh, eggs (hen), onion, brinjal, cabbage, cauliflower, french bean, gourd, potato, tomato, sugar, electricity charges, doctor's fee, medicine (allopathic), secondary school fee, petrol, etc. are responsible for the increase in index.

However, this increase was checked by groundnut oil, banana, coconut, lemon, mango (ripe), parval, primary school fee, etc.


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