Key Points
New Delhi: Retail inflation for industrial workers eased to 4.72 per cent in September, compared to 6.91 per cent in August this year, mainly due to lower prices of certain food items and cooking gas..
"Year-on-year inflation for the month stood at 4.72 per cent compared to 6.91 per cent for the previous month (August 2023) and 6.49 per cent during the corresponding month (September 2022) a year before," a labour ministry statement said...
Similarly, it stated that the food inflation also reduced to 6.52 per cent against 10.06 per cent of the previous month and 7.76 per cent during the corresponding month a year ago...
However, it stated that this decrease was checked by rice, wheat, wheat atta, arhar dal, chana dal, dairy milk, poultry/chicken, eggs-hen, banana, grapes, cauliflower, garlic, onion, cumin seed/jira, cooked meals, electricity domestic, kerosene oil, cigarettes, pan masala, school uniform (boys/girls), books school/ITI, tuition and other fees-college and school/ITI, etc. putting upward pressure on the index...
The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country...
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