Retail inflation for industrial workers declines to 5.79% in March: Govt

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Key Points

The retail inflation for industrial workers eased to 5.79 per cent in March compared to 6.16 per cent in February 2023...

"Year-on-year inflation for the month stood at 5.79 per cent compared to 6.16 per cent for the previous month (February 2023) and 5.35 per cent during the corresponding month (March 2022) a year before," an official statement said..

The All-India CPI-IW, on a one-month percentage change surged by 0.45 per cent with respect to February, compared to a rise of 0.80 per cent recorded between corresponding months in 2022..

In terms of items level, the rise in index are responsible due to the cooking gas/LPG, firewood and chips, hospital/nursing home charges, medicine allopathic, motor cycle/scooter moped, toilet soap, tooth paste, arhar dal, cow milk, dairy milk, fish fresh, pure ghee, apple, banana, cauliflower, brinjal, cabbage, bitter guard, French bean, lemon, peas, cumin seed and cooked meal..

The Labour Bureau 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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