Retail inflation for industrial workers jumps to 6.59% in May

Retail inflation for industrial workers rose to 6.59% in May from 5.86% in the previous month on account of increase in price of food items.

"The year-on-year inflation measured by monthly CPI-IW (consumer price index industrial workers) stood at 6.59% for May 2016, as compared to 5.86% for the previous month (April, 2016) and 5.74% during the corresponding month of the previous year (May, 2015)," Labour Ministry said in a statement.

All India CPI-IW for May increased by 4 points and pegged at 275%. On one-month percentage change, it increased by 1.48% between April and May when compared with the increase of 0.78% between the two months last year.

The maximum upward pressure to change in current index came from food group contributing 3.69% points to the total change.

At item-level, rice, wheat, arhar dal, gram dal, urd dal, groundnut oil, eggs, fish, fresh milk, chillies green, brinjal, cabbage, French bean, potato, tomato, sugar, petrol etc are responsible for the increase in the index.

The indices of 31 centres are above all India index and other 42 centres indices are below national average. The indices of Pune, Salem, Vishakhapatnam, Bokaro and Varanasi centres remained at par with all India index.