AICPI-IW for December 2015 released – Consumer Price Index (Industrial Workers) for the Month of December 2015 gets decreased by one Point from November 2015
The All-India CPI-IW for December, 2015 has decreased by 1 point from the level that was recorded in November 2015 and pegged at 269 . Press release of Labout bureau, Ministry of Labour and and Employment is as follows
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 29th January, 2016
Consumer Price Index for Industrial Workers (CPI-IW) – December, 2015
The All-India CPI-IW for December, 2015 decreased by 1 point and pegged at 269 (two hundred and sixty nine). On 1-month percentage change, it decreased by (-) 0.37 per cent between November and December, 2015 which was static between the same two months a year ago.
The maximum downward pressure to the change in current index came from Food group contributing (-) 1.36 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Onion, Potato, Tomato, Peas and other Green Vegetables & Fruit items, Petrol, etc. are responsible for the fall in index. However, this decrease was checked by Rice, Wheat, Wheat Atta, Fish Fresh, Eggs (Hen), Poultry (Chicken), Goat Meat, Milk (Buffalo), ESI Contribution, Rail Fare, Barber Charges, Flower/Flower Garlands, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 6.32 per cent for December, 2015 as compared to 6.72 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 7.94 per cent against 7.86 per cent of the previous month and 5.73 per cent during the corresponding month of the previous year.
At centre level, Ludhiana reported the maximum decrease of 7 points followed by Ahmedabad and Rourkela (6 points each), Tripura, Varanasi, Lucknow and Kodarma (5points each). Among others, 4 points decrease was observed in 9 centres, 3 points in 4 centres, 2 points in 11 centres and 1 point in 12 centres. On the contrary, Quilon recorded a highest increase of 7 points followed by Warangal (4 points), and Rangapara-Tezpur, Chhindwara and Mundakkayam (3 points each). Among others, 2 points increase was observed in 5 centres and 1 point in 9 centres. Rest of the 16 centres’ indices remained stationary.
The indices of 37 centres are above All-India Index and other 40 centres’ indices are below national average. The index of Jabalpur centre remained at par with All-India Index.
The next issue of CPI-IW for the month of January, 2016 will be released on Monday, 29th February, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.
(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL