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LATEST NEWS UPDATES | Inflation in basic commodities higher in rural areas than urban: Consumer Price Index -Himanshu Nitnaware

Inflation in basic commodities higher in rural areas than urban: Consumer Price Index -Himanshu Nitnaware

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published Published on Sep 12, 2022   modified Modified on Sep 13, 2022

-Down to Earth

Among states, West Bengal had the highest inflation at 10.29%

The All India Consumer Price Index (CPI) for the month of August 2022, released by the National Statistical Office September 12, was found to be higher for rural areas than urban ones. The CPI in rural areas — 7.15 per cent — was higher compared to 6.72 per cent in urban markets.

The Consumer Food Price Index (CFPI) for rural areas — 7.60 per cent — was also higher than 7.55 per cent for urban ones. The average inflation rate of India stood at seven per cent.

Cereals, milk, fruits and spices showed higher inflation rates in rural markets, compared to urban ones.

The inflation rate for cereals in rural areas increased to 10.08 per cent during August 2022, compared to 8.65 per cent for urban areas. Similarly, the inflation rate for fruits stood at 8.67 per cent in rural areas, compared to 5.98 per cent in urban areas.

Inflation for milk and milk products touched 6.67 per cent in rural areas, compared to 6.05 per cent in urban areas. The inflation rate for spices at 15.19 per cent in rural areas, was higher compared to urban areas, which registered an inflation rate of 14.41 per cent.

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Down to Earth, 12 September, 2022, https://www.downtoearth.org.in/news/economy/inflation-in-basic-commodities-higher-in-rural-areas-than-urban-consumer-price-index-84889?fbclid=IwAR0v4z8wRNI-XOTfQfAZzgo8WM9kgIPlQfhrbriI8hHXbMbKowTgvNSn-gU


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