Consumer Price Index for Industrial Workers (CPI-IW) — January, 2017
The All-India CPI-IW for January, 2017 decreased by 1 point and stood at 274 (two hundred and seventy four). On 1-month percentage change, it decreased by (-) 0.36 per cent between December, 2016 and January, 2017, when compared between the same two months a year ago wherein it remained static.
The maximum downward pressure to the change in current index came from Food group contributing (-) 1.49 percentage points to the total change. At item level, Arhar Dal, Black Gram, Gram Dal, Masur Dal, Urd Dal, Moong Dal, Groundnut Oil, Onion, Brinjal, Cabbage, Carrot, Cauliflower, Palak, Peas, Potato, Tomato, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat, Wheat Atta, Coconut Oil, Fish Fresh, Goat Meat, Poultry (Chicken), Milk, Lady’s Finger, Coconut, Apple, Sugar, Pan Finished, Petrol, etc., putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 1.86 per cent for January, 2017 as compared to 2.23 per cent for the previous month and 5.91 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 0.34 per cent against 0.67 per cent of the previous month and 7.61 per cent during the corresponding month of the previous year.
At centre level, Rourkela reported the maximum decrease of 9 points followed by Kodarma and Raniganj (8 points each) and Labac-Silchar, Siliguri and Giridih (6 points each). Among others, 5 points decrease was observed in 3 centres, 4 points in 1 centre, 3 points in 11 centres, 2 points in 5 centres and 1 point in 17 centres. On the contrary, Ernakulam, Quilon and Srinagar recorded a maximum increase of 6 points each followed by Puducherry, Tiruchirapally, Himachal Pradesh and Goa (5 points each). Among others, 3 points increase was observed in 5 centres, 2 point in 6 centres and 1 point in 3 centres. Rest of the 14 centres’ indices remained stationary.
The indices of 33 centres are above All-India Index and other 42 centres’ indices are below national average. The indices of Jalandhar,Vishakhapathnam and Ludhiana centres remained at par with All-India Index.
The next issue of CPI-IW for the month of February, 2017 will be released on Friday, 31st March, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.
(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL