CPI-IW inflation rises to 6.6% in January 2019

Image
Capital Market
Last Updated : Mar 01 2019 | 12:31 PM IST

CPI-IW rises 2% over December 2018

The All-India CPI-IW for January 2019 has increased 6.6% over January 2018, while it has moved 2% over December 2018. The maximum upward pressure to the change in current index came from Housing group. At item level, wheat, arhar dal, fish frsh, goat meat, coconut, lady's finger, tomato, flowers/flower garlands, etc are responsible for the increase in index. However, this increase was checked by onion, brinjal, cabbage, carrot, cauliflower, gourd, peas, potato, cooking gas, electricity charges, etc putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 6.60% for January, 2019 as compared to 5.24% for the previous month and 5.11% during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 0.97% against (-) 0.96% of the previous month and 3.36% during the corresponding month of the previous year.

At centre level Nagpur reported the maximum increase of 21 points followed by Nasik (17 points), Amritsar, Quilon, Jharia (13 points each) and Jaipur (12 points). Among others, 11 points increase was observed in 3 centres, 10 points in 7 centres, 9 points in 3 centres, 8 points in 5 centres, 6 points in 9 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 7 centres, 2 points in 7 centres and 1 point in 6 centres. On the contrary, Darjeeling recorded a maximum decrease of 4 points followed by Siliguri (3 points). Among others, 2 points decrease was observed in 4 centres and 1 point in 2 centres. Rest of the 4 centres' indices remained stationary.

The indices of 35 centres are above All-India Index and 42 centres' indices are below national average. The index of Rourkela centre remained at par with All-India Index.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Mar 01 2019 | 12:18 PM IST

Next Story