Retail inflation for farm workers rises to 7.37% in November, 7.13% for rural labourers
The Hindu
Retail inflation for farm & rural workers rises in Nov due to higher food prices; CPI-AL & CPI-RL indices up in most states.
Retail inflation for farm workers rose to 7.37% and that for rural labourers climbed to 7.13% in November, mainly due to higher prices of certain food items.
Retail inflation in October was 7.08% and 6.92% for farm workers and rural labourers, respectively, according to an official statement.
Food inflation stood at 9.38% and 9.14% for agricultural and rural workers, respectively, in November compared to the respective figures of 8.42% and 8.18% in October 2023, and 6.19% and 6.05% recorded in the corresponding month of previous year (November 2022), a Labour Ministry statement said.
According to the statement, point-to-point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labourers) and CPI-RL (rural labourers) stood at 7.37% and 7.13% in November this year as compared to 7.08% and 6.92%, respectively, in October 2023.
The two comparable numbers were 6.87% and 6.99% in November last year, the Ministry said.
All-India Consumer Price Index for agricultural labourers in November this year increased 12 points to 1,253, while the index for rural workers advanced 11 points to 1,262.
The two indices were 1,241 points and 1,251 points, respectively, in October this year.