Consumer inflation in rural areas slips to 4.92% in Jan
Reflecting sharp drop in prices of essential food items,inflation based on Consumer Price Index for Rural Labourers (CPI-RL) fell to 4.92 percent in January from 6.37 percent in December.
New Delhi: Reflecting sharp drop in prices of essential food items,inflation based on Consumer Price Index for Rural Labourers (CPI-RL) fell to 4.92 percent in January from 6.37 percent in December.
The rate of price rise based on the Consumer Price Index for Agricultural Labourers (CPI-AL) also fell to 5.27 percent in January from 6.72 percent in December 2011,an official release said.
On a point-by-point basis,the CPI (RL) index stood at 619 points in January,the same level as in the previous month. The CPI (AL) also remained stable month-on-month at 618 points.
Food index for rural labourers was down marginally by 0.33 percent on a monthly basis in January.
However, prices of other goods continued to rise. Pan and supari was expensive by 1.45 percent in January, while fuel and lighting was expensive by 1.15 percent. Clothing, bedding and footwear was up also by 0.32 percent.
Miscellaneous items became dearer by 0.68 percent month-on-month for rural labourers.
In the case of agricultural labourers,food prices went down by 0.50 percent on a monthly basis in the last month.
But other items became expensive in January as compared to December.
Pan and supari became expensive by 1.22 percent. Fuel and lighting became expensive by 1.14 percent and clothing,bedding and footwear by 0.33 percent.
In January,miscellaneous items also went up by 0.85 percent for agricultural labourers month-on-month.