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Retail inflation for industrial workers up 3.93 pct in June

Retail inflation for industrial workers rose to 3.93 percent in June from 1.08 percent in the same month of last year due to increased rates of food items, petrol, power, and medicines.


PTI 01 Aug 2018, 11:51 AM India

Retail inflation for industrial workers rose to 3.93 percent in June from 1.08 percent in the same month of last year due to increased rates of food items, petrol, power, and medicines.

Food inflation stood at 0.97 percent against 1.66 percent of the previous month (May) and (-) 1.28 percent during the corresponding month of the previous year, the Labour Ministry said in a statement.

"The year-on-year inflation based on CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.93 percent for June 2018 as compared to 3.96 percent for the previous month (May)," the statement said.

The All-India CPI-IW for June, 2018 increased by 2 points and pegged at 291 (two hundred and ninety-one).

It said that the maximum upward pressure to the change in current index came from food group contributing (+) 1.86 percentage points to the total change.

At center level, Quilon reported the maximum increase of 10 points followed by Jharia (7 points) and Rourkela (6 points). Among others, five points increase was observed in 4 centers, 4 points in 10 centers, 3 points in 12 centers, 2 points in 16 centers and 1 point in 18 centers. On the contrary, Darjeeling recorded a maximum decrease of 2 points followed by Hyderabad with 1 point. Rest of the 13 centers' indices remained stationary.

The indices of 37 centres are above All-India Index and 39 centres' indices are below national average. The indices of Jalandhar and Jabalpur centres remained at par with All-India Index.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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