Inflation for factory workers rises to 11.06% in June

PTI New Delhi | Updated on July 31, 2013

Retail inflation for industrial workers rose to 11.06 per cent in June compared 10.68 per cent in May due to rise in prices of food items, cigarette, electricity charges, doctor’s fee, medicines and petrol.

“The year-on-year inflation measured by monthly Consumer Price Index—Industrial Workers (CPI—IW) stood at 11.06 per cent for June 2013 as compared to 10.68 per cent for the previous month and 10.05 per cent during the corresponding month of the previous year,” a Labour Ministry statement said.

Similarly, the food inflation stood at 14.86 per cent against 13.24 per cent of the previous month and 10.45 per cent during the corresponding month of the previous year, it added.

According to the statement, the all India CPI—IW for June rose by 3 points and pegged at 231. The retail inflation for factory workers increased by 1.32 per cent between May and June this year compared with 0.97 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from food group contributing 2.98 percentage points to the total change.

At item level, rice, fish fresh, eggs (hen), poultry (Chicken), milk, onion, ginger, chillies green, potato, tomato & other vegetables, tea leaf, tea (readymade), bidi, cigarette, electricity charges, doctor’s fee, medicine (allopathic) and petrol, are responsible for the rise in index.

However, the rise in prices of above items was compensated by decline in prices of wheat, groundnut oil and mustard oil.

Pune, Bhilai and Guntur centres recorded the highest increase of 8 points each followed by Jalpaiguri, Asansol, Mumbai, Bokaro, Siliguri, Kanpur (7 points each) and Warangal and Vijaywada (6 points each).

Among others, 5 points rise was registered in 9 centres, 4 points rise in 8 centres, 3 points in 12 centres, 2 points in 15 centres, and 1 point in 14 centres.

On the contrary, a decline of 1 point each was recorded in Amritsar and Coimbatore centres. Rest of the 7 centres’ indices remained stationary.

The indices of 39 centres are above All—India Index and other 38 centres’ indices are below national average. The index of Bhilwara centre remained at par with all-India index.

Published on July 31, 2013

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