Upward Pressure in AICPIN for April 2017

AICPIN for April 2017 – Labour Bureau Press Release

No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: 31.05. 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — April, 2017

The All-India CPI-IW for April, 2017 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month percentage change, it increased by (+) 0.73 per cent between March, 2017 and April, 2017 when compared with the increase of (+) 1.12 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.21 percentage points to the total change. At item level, Rice, Goat Meat, Milk, Pure Ghee, Onion, Brinjal, Cabbage, Carrot, Cauliflower, French Beans, Gourd, Green Coriander Leaves, Methi, Palak, Peas, Potato, Radish, Banana, Apple, Husk Melon, Lemon, Mango, Tea (Readymade), Cooking Gas, Kerosene Oil, Medicine (Allopathic), Toilet Soap, Barber Charges, Washing Soap, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Wheat Atta, Arhar Dal, Mustard Oil, Eggs (Hen), Chillies Dry, Garlic, Lady’s Finger, Parwal, Tomato, Torai, Petrol, Flower/Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.21 per cent for April, 2017 as compared to 2.61 per cent for the previous month and 5.86 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 0.67 per cent against 1.71 per cent of the previous month and 7.55 per cent during the corresponding month of the previous year.

At centre level, Tiruchirapally reported the maximum increase of 10 points followed by Marcara (6 points) and Rourkela, Doom-Dooma Tinsukia, Mariani-Jorhat, Rangapara-Tezpur, Angul-Talcher and Mundakkayam (5 points each). Among others, 4 points increase was observed in 2 centres, 3 points in 17 centres, 2 points in 12 centres and 1 point in 14 centres. On the contrary, Himachal Pradesh and Quilon recorded maximum decrease of 5 points each. Among others, 3 points decrease was observed in 1 centre, 2 points in 2 centres and 1 point in 7 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and other 44 centres’ indices are below national average.

The next issue of CPI-IW for the month of May, 2017 will be released on Friday, 30th June, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.

S/d,
(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL