Point to point rate of inflation based on CPI-AL (Consumer Price Index-Agricultural Labourers) and CPI-RL (Consumer Price Index-Rural Labourers) stood at 7.22 per cent and 7.34 per cent, respectively in October 2022, a labour ministry statement said. Get more Economy & Infra News and Business News on Zee Business.
Synopsis
On the contrary, the maximum increase in the consumer price index numbers for agricultural labourers and rural workers was experienced by Meghalaya (+2 points and +3 points, respectively) following the rise in prices of pulses, mustard oil, fish dry, vegetables and fruits, firewood, plastic shoes and bus fare etc.
The major contribution towards the fall in the general index of agricultural labourers and rural workers came from food with (-) 14.40 points and (-) 13.73 points, respectively, as prices of pulses, onion, potato, cauliflower, brinjal etc declined.
Retail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively, in December, mainly due to lower prices of certain food items. Point to point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labourers and CPI-RL (rural labourers) decreased to 3.25 per cent and 3.34 per cent in December 2020 from 6 per cent and 5.86 per cent respectively in November 2020,