CPI inflation for Industrial Workers shows increase of 1.1 points for July
CPI inflation for Industrial Workers shows increase of 1.1 points for July
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The all India Consumer Price Index for Industrial Workers (CPI-IW) for July has seen an increase by 1.1 points and stood at 122.8. According to labour ministry statement, Retail inflation for industrial workers eased marginally to 5.27 percent in July, mainly due to lower prices of certain food items. "Year-on-year inflation for the month stood at 5.27 percent compared to 5.57 per cent for the previous month (June 2021) and 5.33 per cent during the corresponding month a year before (July 2020," while Food inflation stood at 4.91 percent against 5.61 per cent in June 2021 and 6.38 per cent in July of last year.

The maximum upward pressure on the index came from the 'miscellaneous group', contributing 0.42 percentage points to the total change. At item level, dairy milk, poultry/chicken, mango, carrot, cauliflower, onion, tomato, cooking gas, doctor's/ surgeon's fee, allopathic medicines, auto-rickshaw/ scooter fare, bus fare, rail fare, petrol, housing, among others, contributed to the price rise. However, items like fish, edible oil, pomegranate and lemon put downward pressure on the index.

At centre level, Yamunanagar recorded a maximum increase of 4.7 points, followed by Goa, Nagpur and Belgaum with 3.7 points, 3.6 points and 3 points respectively.

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