Retail inflation for factory workers up

Retail inflation for industrial workers moved up marginally to 9.55 per cent in November on account of a surge in prices of food items, cooking gas, medicines and bus fares. The rate of price rise was 9.34 per cent in the same month last year.

The retail inflation, measured in terms of the Consumer Price Index for industrial workers, was 9.6 per cent in October this year, a labour ministry statement said.

Food inflation was 10.85 per cent in November as against 7.61 per cent during the same month last year, and 9.91 per cent in October. The largest upward contribution to the change in current index came from food items which increased by 0.86 per cent, contributing 1.01 percentage points to the total change.

At item-level, largest upward pressure came from rice, wheat flour, goat meat, milk, onion, potato, tea, snack. Other items like cooking gas, medicine, bus fare, auto rickshaw fare, flowers and tailoring charges, also put upward pressure in total change.