Retail inflation for factory workers rises to 11.06% in June

Retail inflation for industrial workers rose to 11.06% in June compared 10.68% in May due to rise in prices of food items, cigarette, electricity charges, doctor's fee, medicines and petrol.

"The year-on-year inflation measured by monthly Consumer Price Index-Industrial Workers (CPI-IW) stood at 11.06% for June, 2013 as compared to 10.68% for the previous month and 10.05% during the corresponding month of the previous year," a Labour Ministry statement said.

Similarly, the food inflation stood at 14.86% against 13.24% of the previous month and 10.45% during the corresponding month of the previous year, it added.

According to the statement, the all India CPI-IW for June rose by 3 points and pegged at 231. The retail inflation for factory workers increased by 1.32% between May and June this year compared with 0.97% between the same two months a year ago.

The largest upward pressure to the change in current index came from food group contributing 2.98 percentage points to the total change.

At item level, rice, fish fresh, eggs (hen), poultry (Chicken), milk, onion, ginger, chillies green, potato, tomato & other vegetables, tea leaf, tea (readymade), bidi,cigarette, electricity charges, doctor's fee, medicine (allopathic) and petrol, are responsible for the rise in index.

However, the rise in prices of above items was compensated by decline in prices of wheat, groundnut oil and mustard oil.

At centre level, Pune, Bhilai and Guntur recorded the highest increase of 8 points each followed by Jalpaiguri, Asansol, Mumbai, Bokaro, Siliguri, Kanpur (7 points each) and Warangal and Vijaywada (6 points each).

Among others, 5 points rise was registered in 9 centres, 4 points in 8 centres, 3 points in 12 centres, 2 points in 15 centres, and 1 point in 14 centres.

On the contrary, a decline of 1 point each was recorded in Amritsar and Coimbatore centres. Rest of the 7 centres' indices remained stationary.

The indices of 39 centres are above All-India Index and other 38 centres' indices are below national average. The index of Bhilwara centre remained at par with all-India index.