AICPIN for August 2019
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 30th September, 2019
Consumer Price Index for Industrial Workers (CPI-IW) – August,2019
The All-India CPI-IW for August, 2019 increased by 1 point and pegged at 320 (three hundred and twenty). On 1-month percentage change, it increased by (+) 0.31 per cent between July, 2019 and August, 2019 which was static between the same two months a year back.
The maximum upward pressure to the change in current index came from Fuel & Light group contributing (+) 0.31 percentage points to the total change. At item level, Rice, Wheat, Goat Meat, Dairy Milk, Garlic, Onion, Cauliflower, Palak, Peas, Pumpkin, Coconut, Banana, Mango, Sugar, Cooking Gas, Medicine (Allopathic), Bus Fare, Flowers/Flower Garlands, etc. are responsible for the increase in index. However, this increase was checked by Jowar, Eggs (Hen), Fish Fresh, Poultry Chicken, Carrot, Green Coriander Leaves, Methi, Tomato, Apple, etc., putting downward pressure on the index.
The year-on-year inflation based on CPI-IW stood at 6.31 per cent for August, 2019 as compared to 5.98 per cent for the previous month and 5.61 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.10 per cent against 4.78 per cent of the previous month and (-) 0.32 per cent during the corresponding month of the previous year.
At centre level Amritsar observed the maximum increase of 7 points followed by Sholapur & Doom Dooma Tinsukia (6 points each) and Mariani Jorhat & Ahmedabad (5 points each). Among others, 4 points increase was observed in 4 centres, 3 points in 5 centres, 2 points in 10 centres and 1 point in 17 centres. On the contrary, Quilon recorded a maximum decrease of 10 points followed by Goa (8 points) and Godavarikhani & Vijaywada (5 points each). Among others, 4 points decrease was observed in 1 centre, 3 points in 1 centre, 2 points in 5 centres and 1 point in 13 centres. Rest of the 13 centres’ indices remained stationary.
The indices of 32 centres are above All-India Index and 44 centres’ indices are below national average. The indices of Mundakkayam and Puducherry centres remained at par with All-India Index.
The next issue of CPI-IW for the month of September, 2019 will be released on Thursday 31st October, 2019. The same will also be available on the office website www.labourbureaunew.gov.in.
(AMRIT LAL JANGID)