The
maximum upward pressure in current index came from Food & Beverages
group contributing (+) 1.29 percentage points to the total change. At
item level, Arhar Dal, Poultry (Chicken), Eggs (Hen), Goat Meat, Mustard
Oil, Sunflower Oil, Brinjal, Cabbage, Carrot, Cauliflower, Chillies
Green, Gourd, Lady Finger, Onion, Peas, Potato, Electricity Domestic,
Doctor’s Fee, Bus Fare, etc. are responsible for the increase in index.
However, this increase was checked by Wheat, Fish Fresh, Tomato, Apple,
etc., putting downward pressure on the index.
At
centre level, Doom-Dooma Tinsukia, Patna and Ramgarh recorded the
maximum increase of 4 points each. Among others, 3 points increase was
observed in 9 centres, 2 points in 24 centres and 1 point in 33 centres.
Rest of 19 centres’ indices remained stationary.
Year-on-year
inflation based on all-items stood at 5.91 per cent for October, 2020
as compared to 5.62 per cent for the previous month and 7.62 per cent
during the corresponding month of the previous year. Similarly, Food
inflation stood at 8.21 per cent against 7.51 per cent of the previous
month and 8.60 per cent during the corresponding month a year ago.
Key Points:-
All-India
CPI for Industrial Workers (2016=100) for October, 2020 increased to
119.5 points compared to 118.1 points for September, 2020.
In
percentage terms, it rose by 1.19% w.r.t. previous month mainly due to
Food group items having a share of 39.17% in the total weight which
recorded a rise of 76% between these two months. During the period,
increase in prices of food items viz. Arhar Dal, Poultry Chicken, Goat
Meat, Egg, Mustard Oil, Onion, Potato, Brinjal, Peas, Doctor’s Fee, Bus
Fare, etc., had greater impact.
Year-on-year
inflation based on all-items stood at 5.91 per cent for October, 2020
compared to 5.62 per cent for September, 2020 and 7.62 per cent during
the corresponding month of the previous year. Similarly, Food inflation
stood at 8.21 per cent against 7.51 per cent of the previous month and
8.60 per cent during the corresponding month a year ago.
The
next issue of CPI-IW for the month of November, 2020 will be released
on Thursday 31st December, 2020. The same will also be available on the
office website www.labourbureaunew.gov.in.