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Consumer Price Inflation For Agri And Rural Labourers Softens Marginally In September

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Capital Market

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of September, 2020 increased by 11 points and 10 points to stand at 1037 (One thousand and thirty seven) and 1043 (One thousand and forty three) points respectively. The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food, with (+) 9.20 points and (+) 8.95 points respectively mainly due to rise in prices of arhar dal, masur dal, ground nut oil, mustard oil, vegetables and fruits etc.

In case of Rural Labourers, it recorded an increase of 2 to 20 points in 20 States. Tamil Nadu State with 1218 points topped the index table whereas Himachal Pradesh State with 863 points stood at the bottom.

 

Amongst states, the maximum increase in the Consumer Price Index Numbers for Agricultural Labourers was experienced by Himachal Pradesh State (+23 points) and for Rural Labourers, it was experienced by Jammu & Kashmir State (+20 points) mainly due to rise in the prices of wheat-atta, pulses, mustard-oil, milk, onion, chillies-dry, garlic, ginger, barber charges, bus fare, vegetables and fruits etc.

Point to point rate of inflation based on the CPI-AL and CPI-RL decreased to 6.25% and 6.10% in September, 2020 from 6.32% and 6.28% respectively in August, 2020. Inflation based on food index of CPI-AL and CPI-RL is at (+) 7.65% & (+) 7.61% respectively in September, 2020.

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First Published: Oct 20 2020 | 4:45 PM IST

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