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LATEST NEWS UPDATES | CPI for industrial workers up at 3.97% in Nov as food items get costlier

CPI for industrial workers up at 3.97% in Nov as food items get costlier

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published Published on Jan 2, 2018   modified Modified on Jan 2, 2018
-PTI

The All-India CPI-IW for November increased by 1 point and pegged at 288

New Delhi:
Retail inflation for industrial workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas.

"The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017) and 2.59 per cent during the corresponding month (November 2016) of the previous year," the labour ministry said in a statement.

According to the statement, the food inflation stood at 3.91 per cent in November against 2.26 per cent of the previous month (October, 2017) and 1.66 per cent during the corresponding month (November 2016) of the previous year.

The All-India CPI-IW for November increased by 1 point and pegged at 288. On one-month percentage change, it increased by 0.35 per cent between October and November, when compared with the decrease of 0.36 per cent in the corresponding months of last year.

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Business Standard, 2 January, 2018, http://www.business-standard.com/article/economy-policy/cpi-for-industrial-workers-up-at-3-97-in-nov-as-food-items-get-costlier-118010100481_1.html


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