Retail Inflation For Farm, Rural Labourers Slid In September
NDTV
Retail inflation for farm and rural labourers witnessed a slide in September 2021 as it stood at 2.89 per cent and 3.16 per cent respectively
Retail inflation for farm and rural labourers witnessed a slide in September 2021 as it stood at 2.89 per cent and 3.16 per cent respectively, driven by lower prices of food items.
Based on consumer price index (CPI) for agricultural labourers and rural labourers, the point-to-point rate of inflation stood at 2.89 per cent and 3.16 per cent in September 2021 compared to 3.90 per cent and 3.97 per cent respectively in August 2021.
Retail inflation for September 2021 has come down steeply compared to CPI for agricultural labourers and rural labourers in September 2020, when it had stood at 6.25 per cent and 6.10 per cent respectively.
Labour Ministry in a statement said that the food inflation based on CPI-agricultural labourers and CPI-rural labourers stood at 0.50 per cent and 0.70 per cent in September 2021, compared to 2.13 per cent and 2.32 per cent respectively in August 2021, thus showing a steady decline on a month to month basis.
