Consumer price index for industrial workers goes up

The year-on-year inflation measured by monthly CPI-IW stood at 3.24 percent for October, 2017 as compared to 2.89 per cent for the previous month

GN Bureau | December 1, 2017


#Consumer Price Index   #Inflation  
Representational image
Representational image

The consumer price index for industrial workers (CPI-IW) for October, 2017 has increased by 2 points, authorities said on Friday.

On 1-month percentage change, it increased by (+) 0.70 percent between September, 2017 and October, 2017 when compared with the increase of (+) 0.36 percent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.94 percentage points to the total change. Rice, Milk (Buffalo), Onion, Bitter Gourd, Brinjal, Cabbage, Cauliflower, Carrot, Gourd, Coconut, French Beans, Green Coriander Leaves, Lady's Finger, Parval, Potato, Tomato, Torai, Cigarette, Cooking Gas, Doctor's Fee, Cinema Charges, Repair Charges, Tailoring Charges, etc. are responsible for the increase in index.

However, this increase was checked by Arhar Dal, Fish Fresh, Poultry (Chicken), Chillies Green, Peas, Apple, Banana, Orange, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.24 percent for October, 2017 as compared to 2.89 per cent for the previous month and 3.35 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.26 percent against 1.30 percent of the previous month and 2.99 percent during the corresponding month of the previous year.

Comments

 

Other News

Imperative omissions in the Constitution

The making of the Indian Constitution and its subsequent adoption on January 26, 1950 required the founding members to go through several pieces of the legal document that the country already had during the British rule, let alone the Constitution of other countries. Until 1857, these laws, although applie

R-Day parade showcases India’s military might, cultural diversity

President Ram Nath Kovind led the Nation in celebrating the 73rd Republic Day today as part of ‘Azadi ka Amrit Mahotsav’ across the country. The celebration saw a series of new events conceptualised by the defence ministry during the main parade on Rajpath along with ‘Beat

INS Khukri to be handed over to Diu administration today

As the nation celebrates its 73rd Republic Day, INS Khukri will be handed over to the Diu administration in a ceremonial event at the Khukri Memorial. INS Khukri, the lead ship of the Indian Navy’s Khukri class corvettes, is an indigenous surface-to-surface missile fitted vessel that h

The perils of metro roads – A Delhi/NCR context

The anxiety and chaos that we face on our city roads are endemic, dangerous, and deadly. It emerges from a combination of too many vehicles, road conditions, ineffective traffic controls, poor planning and lack of innovative corrections, loose enforcement, and lacking traffic discipline in the commuters, t

‘Classified’, a scintillating expose of the ISRO spy story

Classified: Hidden Truths in the ISRO Spy Story By J. Rajasekharan Nair Srishti Publishers, 280 pages, Rs 350 The Indian Space Research Organisation (ISRO) was rocked by a spy case in 1994, taking down in its wake six persons, including S. Nambi Narayanan. The

If Rahul is in race to prove himself a better Hindu, our efforts have paid off: Ram Madhav

Ram Madhav, a member of the RSS National Executive, has said that Congress leader Rahul Gandhi proudly proclaiming to be a better Hindu is a welcome step and the opposition’s newfound claim that their Hinduism is superior to the Hinduism of RSS is the new competition in India.   &nbs

Visionary Talk: Ram Madhav, Member Rashtriya Swayamsewak Sangh with Kailashnath Adhikari


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter