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CPI-based inflation for agricultural labourers eases in October’ 2013, increases for rural labourers

22 Nov 2013 Evaluate

The inflation based on consumer price index (CPI) for agricultural labourers (AL) eased to 12.65 percent in the month of October on y-o-y basis as against 12.78 percent recorded in the previous month. While, the retail inflation for rural labourers (CPI-RL) increased to 12.48 percent in reported month from 12.44 percent recorded in September. Further, inflation based on food index of CPI-AL and CPI-RL are stood at 13.62 percent and 13.11 percent respectively during October, 2013.

Meanwhile the increase or fall in index varied from state to state. Referring to agriculture inflation, the index recorded an increase which varied between 2 to 17 points in 18 states and a decrease of 1 and 4 points in two states. Haryana with 846 points topped the index table whereas Himachal Pradesh with the index level of 616 points stood at the bottom. Further, Agricultural labourers index for Tripura registered the maximum increase of 17 points, while, Maharashtra registered a decline of 4 points.

In case of rural labourers, it recorded an increase between 2 points and 16 points in 18 states, a decrease of two points in one state and remained stationary in one state. Haryana with 840 points topped the index table whereas Himachal Pradesh with the index level of 651 points stood at the bottom. Further, rural labourers index for Gujarat and Orissa states registered the maximum increase of 16 points each mainly owing to the rise in the prices of rice, wheat atta, fish, onion, vegetables and fruits and bus fare. On the other hand, Maharashtra registered a decline of 2 points mainly due to decrease in the prices of wheat, jowar, bajra, groundnut oil and fish.

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