Retail inflation for industrial workers eases to 6.32pc in Nov

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Press Trust of India Shimla
Last Updated : Jan 29 2016 | 10:57 PM IST
Retail inflation for industrial workers fell to 6.32 per cent in December as certain food items became cheaper.
The rate of price rise, based on Consumer Price Index for Industrial Workers (CPI-IW) was at 6.72 per cent during November 2015.
However, the retail inflation was 5.86 per cent in December 2014.
Similarly, the food inflation stood at 7.94 per cent in December against 7.86 per cent in November 2015, a Labour Bureau release said.
The CPI-IW dropped by one point in December 2015, but twelve monthly moving averages rose to 261, entitling the government employees to six per cent additional DA from January 1, 2016.
The DA of employees would increase from 119 per cent on July 1, 2015 to 125 per cent on January 1, 2016.
The maximum downward pressure on the Index came from pluses, onion, potato, tomato, peas green vegetable and fruits which was checked by increase in prices of wheat, wheat flour, rice, fresh fish, eggs, meat barber charges and flowers.
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First Published: Jan 29 2016 | 10:57 PM IST

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