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Consumer Price Index Number for Agricultural Labourers Edges Near 7%

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Capital Market

The All-India Consumer Price Index Number for Agricultural Labourers or CPI-AL and Rural Labourers CPI-RL (Base: 1986-87=100) for the month of February, 2023 increased by 1 point each to stand at 1171 and 1182 points respectively. The maximum upward pressure on general index of Agricultural Labourers and Rural Labourers came from miscellaneous group to the extent of 0.93 & 0.98 points respectively mainly due to increase in prices of medicine, doctor's fee, barber charges, bus fare, washing shop, cinema ticket, etc.

Point to point rate of inflation based on the CPI-AL and CPI-RL stood at 6.94% & 6.87% in February, 2023 compared to 6.85% & 6.88% respectively in January, 2023 and 5.59% and 5.94% respectively during the corresponding month of the previous year. Similarly, Food inflation stood at 6.82% & 6.68% in February, 2023 compared to 6.61% & 6.47% respectively in January, 2023 and 4.48% & 4.45% respectively during the corresponding month of the previous year.

 

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First Published: Mar 21 2023 | 11:55 AM IST

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