Consumer Price Index For Industrial Workers (CPI-IW), August, 2012

Information Type: Legislative Information
Subject: Labour and Emplyment Law
News Title: Consumer Price Index For Industrial Workers (CPI-IW), August, 2012
News Date: 2012-09-28
News Laws: Labour and Employment Law
News State: Central
Case Note / Description :

The All-India CPI-IW rose by 2 points in August, 2012 and pegged at 214 (two hundred and fourteen). On 1-month percentage change, it increased by 0.94 per cent between July and August compared with 0.52 per cent between the same two months a year ago.  The largest upward contribution to the change in current index came from food prices which rose by 1.24 per cent, contributing 1.31 percentage points to the total change. At item level, largest upward pressure came from Sugar, Arhar Dal, Wheat & Wheat Atta, Rice, Potato, Mustard & Groundnut Oil, Milk Buffalo, Banana, Goat Meat, Onion, Medicine (Allopathic) and Private Tuition Fee.  The largest downward contribution to the change in current index came from Vegetables and Fruits with a decline of 2.72 per cent, contributing (-) 0.42 percentage points to the total change. The main downward pressure came from Tomato, Fish Fresh, Chillies Green, Cabbage & Lady’s Finger.  The year-on-year inflation measured by monthly CPI-IW stood at 10.31 per cent for August, 2012 (over August, 2011) as compared to 9.84 per cent for the previous month and 8.99 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 12.20 per cent against 11.27 per cent of the previous month and 7.33 per cent during the corresponding month of the previous year.

 
 
SignUp For News Letter

Get news and updates from OLIS group, to your email :
Contact Information
Raj Kumar (Ph.D Research Scholar)
Dr. M. Madhusudhan (Supervisor)
DEPARTMENT OF LIBRARY AND INFORMATION SCIENCE
II Floor, Tutorial Building, University of Delhi , Delhi-110 007
Mobile : +91-011-27666656
Email : info@olisindia.in
All Rights Reserved@ University of Delhi, Website Designed and Developed by Raj Kumar(Ph.D Research Scholar)