Retail inflation for factory workers rises to 9.55%
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Retail inflation for factory workers rises to 9.55%

Last Updated: Monday, December 31, 2012, 19:18
 
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Retail inflation for factory workers rises to 9.55%
New Delhi: Retail inflation for industrial workers moved up marginally to 9.55 percent in November on account of surge in the prices of food items, cooking gas, medicines and bus fares.

The rate of price rise was 9.34 percent in the same month last year.

The retail inflation measured in terms of Consumer Price Index for industrial workers was 9.6 percent in October this year, a Labour Ministry statement said here.

Food inflation was 10.85 percent in November as against 7.61 percent during the same month last year, and 9.91 percent in October.

The largest upward contribution to the change in current index came from food items which increased by 0.86 percent, contributing 1.01 percentage points to the total change.

At item level, largest upward pressure came from rice, wheat flour, goat meat, milk, onion, potato, tea, snack.

The other items like cooking gas, medicine (Allopathic), bus fare, auto rickshaw fare, flowers and tailoring charges, also put upward pressure in total change.

The largest downward contribution to the change in current index came from pulses and products with a decline of 0.38 percent, contributing (-) 0.03 percentage points to the total change.

However, at item level, vegetable & fruit items like cauliflower, radish, palak, brinjal and orange put downward pressure on the index.

At centre level, Mysore recorded the largest increase of 7 points followed by Vijaywada (6) and Guntur, Tiruchirapally, Coimbatore and Bengluru (5 points each).

Among others, 4 points rise was registered in 7 centres, 3 points in 10 centres, 2 points in 6 centres and 1 point in 20 centres.

However, Nagpur centre reported a decline of 2 points and other 9 centres registered a fall of 1 point each. Rest of the 19 centres' indices remained stationary.

The indices of 41 centres are above the All-India Index, while other 36 centres' indices are below the national average. Puducherry's index remained at par with all-India index.

PTI



First Published: Monday, December 31, 2012, 19:18


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