AICPIN for the month of March 2014
Consumer Price Index Numbers for Industrial Workers (CPI-IW)- March 2014
According to a press release issued by
the Labour Bureau, Ministry of Labour & Employment the All-India
CPI-IW for March, 2014 increased by 1 points and pegged at 239 (two
hundred and thirty nine). On 1-month percentage change, it increased by
0.42 per cent between February, 2014 and March, 2014 compared with the
rise of 0.45 per cent between the same two months a year ago.
The largest upward pressure to the
change in current index came from Food Group contributing 0.99
percentage points to the total change. At item level, Rice, Wheat, Goat
Meat, Milk (Buffalo), Vegetables and Fruit items, etc. are responsible
for the increase in index. However, this increase was restricted to some
extent by Groundnut Oil, Fish Fresh, Poultry, Eggs (Hen), Onion, etc.
putting downward pressure on the index.
The year-on-year inflation measured by
monthly CPI-IW stood at 6.70 per cent for March, 2014, as compared to
6.73 per cent for the previous month and 11.44 per cent during the
corresponding month of the previous year. Similarly, the Food inflation
stood at 7.50 per cent against 13.21 per cent of the previous month and
14.98 per cent during the corresponding month of the previous year.
At centre level, Bokaro recorded the
highest increase of 8 points each followed by Godavarikhani &
Chhindwada (7 Points each), Rangapara Tezpur (6 points) and Kanpur &
Durgapur (5 points each). Among others, 4 points rise was registered in
7 centres, 3 points in 6 centres, 2 points in 9 centres and 1 points in
22 centres. On the contrary, Quilon and Guwahati reported a decline of 5
points each followed by Coimbatore (3 points), 2 points in 3centres and
1 point in 6 centres. Indices of 16 centres observed no change.
The indices of 36 centres are above
All-India Index and other 41 centres’ indices are below national
average. The index of Tiruchirapally centre remained at par with
all-India index.
Source : PIB
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