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Retail inflation for industrial workers rises to 10.7% in September

01 Nov 2013 Evaluate

The inflation based on consumer price index for industrial workers (CPI-IW) in the month of September has surged to 10.7 percent on y-o-y basis as against 9.14 percent in same month last year and 10.75 percent for the previous month, mainly owing to the rise in price of food items, fuel and electricity charges.

The food inflation for industrial workers was stood at 13.36 percent as against 11.00 percent in same month of last year and 13.91 percent recorded in the August, 2013. The rise in food inflation was mainly due to the rise in prices of Arhar Dal, Goat Meat, Dairy Milk, Milk (Cow & Buffalo), Pure Ghee, Snack Saltish, Tea Leaves, Onion, Electricity Charges.

The CPI-IW for September rose to 238 points as compared to 215 points recorded in September’ 2012.  At centre level, the indices of 39 centres are above All-India Index and other 38 centres' indices are below national average. Labac Sichar recorded the highest increase of nine points each followed by Varanasi and Vishakhapattnam (seven points each) and Bhilwara, Tripura and Darjeeling (six points each). Furthermore, five points rise was registered in three centres, four points in two centres, three points in seven centres, two points in 14 centres and one point in 15 centres.

On the contrary, Goa witnessed a decline of eight points followed by Godavarikhani (seven points), Bhavnagar (five points) and Nagpur and Ahmedabad (four points each). Among others, three point decline was observed in two centres and one point in six centres.