Press Release of AICPIN for the month of April 2014

Press Release of AICPIN for the month of April 2014

Consumer Price Index for Industrial Workers (CPI-IW) – April, 2014

No.5/1/2014-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: the 30th May, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – April, 2014

The All-India CPI-IW for April, 2014 increased by 3 points and pegged at 242 (two hundred and forty two). On 1-month percentage change, it increased by 1.26 per cent between March, 2014 and April, 2014 when compared with the rise of 0.89 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.53 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta, Moong Dal, Fish Fresh, Goat Meat, Milk (Buffalo), Vegetables & Fruits, Sugar, Electricity Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Petrol putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 7.08 per cent for April, 2014 as compared to 6.70 per cent for the previous month and 10.24 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.76 per cent against 7.50 per cent of the previous month and 12.39 per cent during the corresponding month of the previous year.

At centre level, Angul-Talcher, Ajmer and Asansol recorded the maximum increase of 7 points each followed by Ludhiana, Ernakulam, Kodarma, Giridih and Tiruchirapally (6 points each) and Nagpur, Ghaziabad, Rangapara-Tezpur, Salem and Jabalpur (5 points each). Among others, 4 points rise was registered in 12 centres, 3 points in 16 centres, 2 points in 24 centres and 1 point in 8 centres. On the contrary, Munger-Jamalpur reported a decline of 4 points. Indices of remaining 4 centres observed no change.

The indices of 36 centres are above and other 41 centres are below national average. The index of Munger-Jamalpur is at par with all-India index.

The next index of CPI-IW for the month of May, 2014 will be released on Monday, 30 June, 2014. The same will also be available on the office website www.labourbureau.gov.in.

Source :- www.labourbureau.gov.in