Sept retail inflation for factory workers hits 2.89% from 4.14% a year ago

However, the figure is higher than 2.52% in August

Tomatoes: The new enemy in fight against inflation
Press Trust of India New Delhi
Last Updated : Nov 01 2017 | 6:39 PM IST
Retail inflation for industrial workers slid to 2.89 per cent in September, from 4.14 per cent in the same month last year, on account of cheaper food items.

However, the figure is higher than 2.52 per cent in August.

"Year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 2.89 per cent for September 2017 compared to 2.52 per cent for the previous month (August) and 4.14 per cent during the corresponding month of the previous year," a labour ministry statement said today.

Also Read

Food inflation stood at 1.30 per cent as against 1.61 per cent in August and 4.05 per cent in September 2016.

The maximum downward pressure in the current index came from the food segment contributing (-)1.26 percentage points.

Fish fresh, onion, bitter gourd, brinjal, carrot, gourd, lady's finger, potato, tomato, torai, cucumber, apple, banana and the like are responsible for the drop in the index.

However, the statement said this decrease was checked by rice, wheat atta, arhar dal, coconut oil and poultry (chicken), among others.

The All India CPI-IW for September 2017 remained stationary at 285.

Tiruchirapally, Varanasi, Lucknow, Quilon and Salem reported the maximum decrease of 4 points each followed by Giridih, Bhilwara, Raniganj, Bengaluru, Faridabad, Vishakhapatnam, Jamshedpur and Haldia (3 points each).

Among others, a 2-point decrease was observed at 12 centres and 1 point in 18.

On the contrary, Tripura recorded a maximum increase of 7 points followed by Bhilai (6 points), Siliguri and Doom-Dooma Tinsukia (5 points each).

The indices of 44 centres came in below the all-India index.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 01 2017 | 6:29 PM IST

Next Story