Retail Inflation Eases for Farm and Rural Workers: December 2024 Analysis

Retail inflation for farm and rural workers decreased in December 2024. The Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) reported a slight decline compared to November 2024 figures. This marks a significant drop from the inflation rates recorded in December 2023.

Retail inflation figures for farm and rural workers showed a downward trend in December 2024, with rates easing to 5.01% and 5.05% from November's 5.35% and 5.47% respectively, according to the labour ministry.

The Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) both remained constant at 1,320 points and 1,331 points in December 2024, mirroring November's figures.

Inflation rates based on CPI-AL and CPI-RL saw a notable reduction compared to December 2023, which recorded figures of 7.71% and 7.46% respectively, highlighting a significant improvement in retail inflation conditions.

(With inputs from agencies.)