Consumer price index decrease in february
Consumer Price Index for Industrial Workers (2016=100) – February,2022The Labour Bureau, an attached office of the M/o Labour & Employment, has beencompiling Consumer Price Index for Industrial Workers every month on the basis of retailprices collected from 317 markets spread over 88 industrially important centres in thecountry’ The index is compiled for 88 centres and All-lndia and is released on the lastworking day of succeeding month. The index for the month of February,2022 is beingreleased in this press release.The All-lndia CPI-IW for Februar y , 2022 decreased by 0. 1 points and stood at 125 .0(one hundred twenty five). on l-month percentage change, it decreased by 0.0g per centwith respect to previous month compared to increase of 0.68 per cent recorded betweencorresponding months ayeat ago.The maximum downward pressure in current index came from Food & Beveragesgroup contributing 0.30 percentage points to the total change. At item level, Rice, beetroot,cabbage, carrot, Drumstick, French-been, Lady,s finger, onion, potato and Tomato, etc.are responsible for the fall in index. However, this decrease was checked by Goat meat/Mutton, Poultry chicken, Apple, chili Green, parwal, Kerosene oil,Doctor’s/Surgeon Fess, Medicines Allopathic, Bus fare and private Tuition/Coaching etc.putting upward pressure on the index.At centre level, Salem recorded a maximum decrease of 4.7 points followed byTirunelveli with 3.7 points. Among others, 5 centres recorded decrease between 2 to 2.9points,4 centres between I to 1.9 points and 28 centres between 0.1 to 0.9 points. on thecontrary, Thane recorded a maximum increase of 2.9 points followed by Bhilwarawith2.lpoints’ Among others, g centres recorded increase between I to 1.9 points and 35 centres between 0.1 to 0.9 points. Rest of 3 centres’ indices remained stationary.Year-on-year inflation for the month stood at 5.04 per cent compared to 5.g4 per centfor the previous month and 4.48 per cent during the corresponding month a year before.Similarly, Food inflation stood at 5.09 per cent against 6.22 per cent of the previous month and 4.64 per cent during the corresponding month ayear ago.