AICPIN for the month of July 2019 – Press Letter 30.8.2019

AICPIN for the month of July 2019 – Press Letter 30.8.2019

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2019

The essential commodities price index is hiked by three points from 316 to 319 by the end of July 2019

No.5/1/2019-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 30th August, 2019

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2019

The All-India CPI-IW for July, 2019 increased by 3 points and pegged at 319 (three hundred and nineteen). On 1-month percentage change, it increased by (+) 0.95 per cent between June, 2019 and July, 2019 when compared with the increase of (+) 3.44 per cent between the corresponding months of previous year.

The maximum upward pressure to the change in current index came from Housing group contributing (+) 2.00 percentage points to the total change. The Food index further accentuated the overall index by (+) 0.91 percentage points. At item level, Wheat & Wheat Atta, Arhar Dal, Groundnut Oil, Goat Meat, Pure Ghee, Garlic, Ginger, Onion, Brinjal, Cabbage, Carrot, Cauliflower, Gourd, Green Coriander Leaves, Mango (Ripe), Palak, Potato, Tomato, Torai, Electricity Charges, Petrol, etc. are responsible for the increase in index.

However, this increase was checked by Rice, Fish Fresh, Poultry Chicken, Coconut, French Bean, Lemon, Cooking Gas, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 5.98 per cent for July, 2019 as compared to 8.59 per cent for the previous month and 5.61 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 4.78 per cent against 5.47 per cent of the previous month and (-) 0.32 per cent during the corresponding month of the previous year.. .

At centre level Haldia observed the maximum increase of 23 points followed by Ranchi-Hatia (13 points), Jaipur (11 points), Jharia & Nagpur (10 points each) and Goa & Munger-Jamalpur (9 points each). Among others, 8 points increase was observed in 6 centres, 7 points in 4 centres, 6 points in 2 centres, 5 points in 8 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 10 centres and 1 point in 7 centres.

On the contrary, Coimbatore recorded a maximum decrease of 6 points. Among others, 3 points decrease was observed in 2 centres, 2 points in 3 centres and 1 point in 7 centres. Rest of the 6 centres indices remained stationary.

The indices of 34 centres are above All-India Index and 43 centres’ indices are below national average. The index of Rourkela centre remained at par with All-India Index.

The next issue of CPI-IW for the month of August, 2019 will be released on Monday 30th September, 2019. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR