Consumer Price Index up by one point

6/1/2018

Shimla, The All India Consumer Price Index for Industrial Worker for April 2018 increased by one point and pegged at 288. On one-month percentage change, it increased by (+) 0.35 per cent between March, 2018 and April, 2018, when compared with the increase of (+) 0.73 per cent between the corresponding month of the previous year. The Maximum upward pressure to the change in current index came from the food group, contributing (+) 1.01 percentage point to the total change. At item level, Rice, Groundnut Oil, Fish Fresh, Milk, Brinjal, Cabbage, Cauliflower,French bean Green Coriander Leaves, Lady Finger, Methi, Palak, Peas,Potato, Tailoring Chrges etc are responsible for the increase in index. However, this increase was checked by Wheat, Gram Dal, Eggs (Hen) Pure Ghee, Chillies Green, Onion, Bitter Gourd Gourd, Parval, Sugar, Flowers / Flowers Garlands etc. puting downward pressure on the index. The year-on-year inflation based on CPI-IW stood at 3.97 per cent for April, 2018, as compared to 4.36 p c for the previous month and 2.21 pc during the corresponding month of the preivous year. Similarly, the Food inflation stood at 1.33 pc against 1.68 pc of the previous manth and 0.67 pc during the corresponding month of the previous year. At the Centre level, Goa reported the maximum increase of eight points, followed by Giridih and Kodarma (five points each). Among others, a four-point increase was observed in five centres, three points in seven centres, two points in 14 centres and one points in 19 centres. On the contrary, Darjeeling and Rourkela recorded a maximum decrease of four point each, followed by Ahmedabad and Amritsar (two points). Among others, one point decrease was observed in nine centres, Rest of the 17 centres indices remained stationary. The indices of 39 centres are above All India Index and 38 centres indices are below the national average. The index of Bengaluru centre remained at par with the All India Index .

Opinions expressed in the comments are not reflective of Central Chronicle. Comments are moderated automatically.