HomeBusinessRetail inflation for farm, rural workers rise to 4.78%, 5.03% in December

Retail inflation for farm, rural workers rise to 4.78%, 5.03% in December

New Delhi, Retail inflation for farm and rural workers rose to 4.78 per cent and 5.03 per cent respectively in December 2021, primarily due to greater value of sure meals objects, official information confirmed on Thursday.

“Point to point rate of inflation based on the CPI-AL (consumer price index for agricultural labour) and CPI-RL (rural labourers) stood at 4.78 per cent & 5.03 per cent in December, 2021 compared to 3.02 per cent & 3.38 per cent respectively in November, 2021 and 3.25 per cent and 3.34 per cent respectively during the corresponding month of the previous year (December 2020),” a labour ministry assertion stated.

Food inflation stood at 2.99 per cent (farm labour) and three.17 per cent (rural labour) in December 2021, in contrast to 0.88 per cent and 1.07 per cent respectively in November 2021, and a pair of.97 per cent and a pair of.96 per cent throughout the corresponding month of 2020.

The All-India Consumer Price Index numbers for agricultural labourers and rural labourers for December 2021 elevated by 5 factors every to stand at 1,097 and 1,106 factors respectively.

The CPI-AL and CPI-RL stood at 1,092 factors and 1,101 factors respectively in November 2021.

The main contribution in direction of the rise in common index of agricultural labourers and rural labourers got here from ‘gas and lightweight’ and miscellaneous group to the extent of 1.72 and 1.58 factors, and 1.02 and 1.06 factors respectively, primarily due to rise in costs of firewood, kerosene oil, medication, barber costs, bus fare, rest room cleaning soap, washing cleaning soap, and so forth.

The rise/fall in the index different from state to state.

In case of agricultural labourers, it recorded a rise of 1 to 20 factors in 11 states and a lower of 1 to 12 factors in 8 states, whereas it remained stationary for Odisha. Tamil Nadu with 1,290 factors topped the index desk, whereas Himachal Pradesh with 861 factors stood on the backside.

In case of rural labourers, it recorded a rise of 1 to 20 factors in 11 states and a lower of 1 to 14 factors in 8 states, whereas it remained stationary for Odisha. Tamil Nadu with 1,276 factors topped the index desk, whereas Himachal Pradesh with 915 factors was on the backside.

Among states, the utmost improve in the Consumer Price Index numbers for agricultural and rural labourers was skilled by Tamil Nadu (20 factors every), primarily due to rising costs of greens and fruits, onion, chillies inexperienced/dry, tamarind, and so forth.

On the opposite, the utmost lower in the Consumer Price Index numbers for agricultural and rural labourers was skilled by Himachal Pradesh (12 factors and 14 factors respectively), primarily due to a fall in the costs of wheat atta, pulses, onion, greens and fruits and so forth.

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