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Retail inflation for industrial workers rises to 8.65% in March

02 May 2012 Evaluate

The retail inflation for industrial workers measured in terms of All India Consumer Price Index for Industrial Workers (CPI-IW) rose to 8.65% in March from 7.57% in February. The increase was mainly on account of a rise in the prices of food.

According to data released by the Labour Ministry, food inflation jumped to 8.16% in March, 2012 compared to 5.08% in February 2012. The rise in has been attributed to increase in the prices of rice, wheat, groundnut oil, poultry (chicken), vegetables and fruits, bidi, cigarette, dhoti (cotton) and saree among others.

The maximum increase of 7 points was seen in Bhilwara, Vijaywada and Salem centres and 6 points each in Belgaum, Ajmer, Ghaziabad and Mundakkayam centres. The index decreased by 2 points in Tripura centre and 1 point each in Darjeeling, Sholapur and Puduchery centres.

Bangalore recorded index at 206, followed by Mumbai (204), Ahmedabad (201), Kolkata (190), Chennai (187) and Delhi (185).

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