AICPIN for the Month of February 2017
No. 5/1/2017- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st March, 2017
Consumer Price Index for Industrial Workers (CPI-IW) -February, 2017
The All-India CPI-IW for February, 2017 remained stationary at 274 (two hundred and seventy four). On 1-month percentage change, it remained static between January, 2017 and February, 2017, when compared with the decrease of 0.74 per cent between the same two months a year ago.
The maximum downward pressure to the change in current index came from Food group contributing (-) 0.46 percentage points to the total change. At item level, Rice, Wheat, Arhar Dal, Black Gram, Gram Dal, Urd Dal, Masur Dal, Moong Dal, Besan, Groundnut Oil, Mustard Oil, Eggs (Hen), Garlic, Potato, Cabbage, etc. are responsible for the decrease in index. However, this decrease was checked by Coconut Oil, Fish Fresh, Milk, Tomato, Lady’s Finger, French Beans, Coconut, Banana, Apple, Sugar, Tea (Readymade), Cooking Gas, Medicine (Allopathic), Tailoring Charges, etc., putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 2.62 per cent for February, 2017 as compared to 1.86 per cent for the previous month and 5.53 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 1.71 per cent against 0.34 per cent of the previous month and 6.18 per cent during the corresponding month of the previous year.
At centre level, Rajkot reported the maximum decrease of 5 points followed by Sholapur, Chhindwara, Darjeeling and Bhilai (4 points each). Among others, 3 points decrease was observed in 5 centres, 2 points in 15 centre and 1 point in 18 centres. On the contrary, Quilon recorded a maximum increase of 12 points followed by Coimbatore (7 points), Belgaum and Mysore (6 points each) and Mundakkayam (4 points). Among others, 3 points increase was observed in 4 centres, 2 points in 2 centres and 1 point in 12 centres. Rest of the 12 centres’ indices remained stationary.
The indices of 33 centres are above All-India Index and other 44 centres’ indices are below national average. The index of Varanasi centre remained at par with All-India Index.
The next issue of CPI-IW for the month of March, 2017 will be released on Friday, 28th April, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.
DEPUTY DIRECTOR GENERAL
Source : Labour bureau