Retail inflation for industrial workers up at 9.84% in Jul
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Retail inflation for industrial workers up at 9.84% in Jul

Last Updated: Friday, August 31, 2012, 22:58
 
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Retail inflation for industrial workers up at 9.84% in Jul
Shimla/New Delhi: Retail inflation for industrial workers rose to 9.84 percent in July, due to rise in prices of food items.

It stood at 8.43 percent in the same month last year.

"The largest upward contributions to the change in current index came from food prices which rose by 2.38 percent, contributing 2.44 percentage points to the total change," an official release said Friday.

Retail inflation measured in terms of consumer price index for industrial workers (CPI-IW) was at 10.05 percent in June this year, it said.

The largest upward pressure for July retail inflation came from rice, arhar dal, green chilly, onion, vegetables, mainly potato and tomato and sugar, it added.

However, the rise was partly offset by downward contributions from French bean, brinjal, and poultry.

Food inflation stood at 11.27 percent during the month, up from 6.25 percent a year ago. In June 2012, food inflation was at 10.45 percent.

House rent which increased by 2.96 percent, contributed 1.05 percentage points to the overall retail inflation in July.

PTI



First Published: Friday, August 31, 2012, 22:58


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