AICPIN FOR THE MONTH OF DECEMBER, 2016 WITH 2 POINTS DECREASE
No. 5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st January, 2017
Consumer Price Index for Industrial Workers (CPI-IW) — December, 2016
The All-India CPI-IW for December, 2016 decreased by 2 points and stood at 275 (two hundred and seventy five). On 1-month percentage change, it decreased by (-) 0.72 per cent between November and December, 2016 when compared with the decrease of (-) 0.37 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 (-) 2.74 percentage points to the total change. At item level, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Mustard Oil, Chillies Green, Ginger, Brinjal, Cabbage, Carrot, Cauliflower, French Beans, Gourd, Green Coriander Leaves, Methi, Palak, Peas, Potato, Radish, Tomato, Banana, Lemon, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat, Wheat Atta, Coconut Oil, Fish Fresh, Goat Meat, Milk, Snack Saltish, Cooking Gas, ESI Premium Contribution, Petrol, Flower/Flower Garlands, Toilet Soap, etc., putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 2.23 per cent for December, 2016 as compared to 2.59 per cent for the previous month and 6.32 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 0.67 per cent against 1.66 per cent of the previous month and 7.94 per cent during the corresponding month of the previous year.
At centre level, Rourkela reported the maximum decrease of 10 points followed by Vadodara (9 points), Nagpur and Luck_now (8 points each) and Amritsar, Varanasi and Monger Jamalpur (6 points each). Among others, 5 points decrease was observed in 7 centres, 4 points in 12 centres, 3 points in 9 centres, 2 points in 15 centres and 1 point in 10 centres. On the contrary, Quilon recorded a maximum increase of 6 points followed by Ernakulam and Mundakkayam (3 points each). Among others, 2 points increase was observed in 4 centres and 1 point in 4 centres. Rest of the 7 centres' indices remained stationary.
The indices of 34 centres are above All-India Index and other 43 centres' indices are below national average. The index of Vishakhapathnam centre remained at par with All-India Index.
The next issue of CPI-IW for the month of January, 2017 will be released on Tuesday, 28th February, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.
(INDER SAIN NEGI)
DEPUTY DIRECTOR GENERAL