The retail inflation rate, as measured by monthly consumer price index for industrial workers, increased to 6.59 per cent in May from 5.86 per cent in the previous month on account of an increase in prices of food and beverages, mainly vegetables and pulses.
Vegetable price inflation rose 10.77 per cent in May from 4.82 per cent a month ago, while inflation rate for pulses increased 31.57 per cent in May from 34.13 a month ago. Cereals and products inflation rose 2.59 per cent as against 2.43 per cent in April.
According to data released by the Central Statistics Office, all India CPI-IW for May increased by 4 points and was pegged at 275 per cent. On one-month percentage change, it increased by 1.48 per cent between April and May, when compared with the increase of 0.78 per cent between the two months last year.
The maximum upward pressure to change in current index came from food group contributing 3.69 percentage points to the total change. At item-level, rice, wheat, arhar dal, gram dal, urd dal, groundnut oil, eggs, fish, fresh milk, chillies green, brinjal, cabbage, French bean, potato, tomato, sugar, petrol etc are responsible for the increase in the index.The indices of 31 centres are above all India index and other 42 centres indices are below national average. The indices of Pune, Salem, Vishakhapatnam, Bokaro and Varanasi centres remained at par with all India index.
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