Empowering MSMEs with News & Insights

CPI for agriculture and rural labourers eases in March

Updated: May 20, 2015 12:50:30pm
image
New Delhi, May 20 (KNN) Owing to reduction in prices of some food items, retail inflation based on consumer price index (CPI) for rural labourers (RL) has eased to 5.49 per cent in March from 6.19 per cent in February. The rate of price-rise based on CPI for agricultural labourers (AL) too has come down to 5.24 per cent in March from 6.08 per cent in February, according to a labour ministry statement. 
 
The All-India CPI numbers for AL remained stationary at 803 points and for RL, with the increase of 1 point, stood at 807 points during March. The rise or fall in index varied from state to state. In case of farm workers, CPI-AL recorded an increase between one to nine points in 13 states and a decrease between one to six points in seven states. 
 
The rise/fall in index varied from State to State. In case of Agricultural Labourers, it recorded an increase between 1 to 9 points in 13 States and a decrease between 1 to 6 points in 7 States. Haryana with 902 points topped the index table whereas Himachal Pradesh with the index level of 664 points stood at the bottom.
 
In case of Rural Labourers, it recorded an increase between 1 to 10 points in 13 States and a decrease between 1 to 6 points in 7 States. Haryana with 898 points topped the index table whereas Himachal Pradesh with the index level of 695 points stood at the bottom.
 
The consumer price index Numbers for Agricultural Labourers in respect of Tamil Nadu and West Bengal States registered the maximum decrease of 6 points each and for Rural Labourers, West Bengal State registered the maximum decrease of 6 points due to decrease in the prices of rice, wheat atta, onion and vegetables & fruits. Whereas the Index Numbers for Agricultural Labourers for Tripura State registered the maximum increase of 9 points and for Rural Labourers, Jammu & Kashmir State registered the maximum increase of 10 points mainly due to increase in the prices of maize, bread, pulses, meat goat, vegetables & fruits and knitted garment wool.
 
Inflation based on food index of CPI-AL and CPI-RL is 4.05 per cent and 4.31 per cent respectively during March. (KNN Bureau)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *