Monday, June 03, 2019

All-India Consumer Price Index for Industrial Workers (CPI-IW) — April 2019

All-India Consumer Price Index for Industrial Workers (CPI-IW) — April 2019

On June 3, 2019, India's Ministry of Labour & Employment released the latest data of All-India April 2019 Consumer Price Index for Industrial Workers (CPI-IW). CPI-IW has increased by 3 points and pegged at 312. On 1-month percentage change, it increased by (+) 0.97 percent between March 2019 and April 2019 when compared with the increase of (+) 0.35 percent between the corresponding months of the previous year.

The maximum upward pressure in current index came from Food group contributing (+) 2.26 percentage points to the total change. At item level, Arhar Dal, Fish Fresh, Goat Meat, Poultry (Chicken), Fresh Milk, Chillies Green, Garlic, Ginger, Onion, Apple, Banana, Lemon, Brinjal, Cabbage, Carrot, Cauliflower, French Bean, Green Coriander Leaves, Lady's Finger, Methi, Palak, Peas, Potato, Radish, Tomato, Torai, Electricity Charges, Ornament Glass, etc. are responsible for the increase in index. However, this increase was checked by Eggs (Hen), Tamarind, Bitter Gourd, Parval, Cucumber, Kharbooza, Mango (Ripe), Flowers/ Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 8.33 percent for April 2019 as compared to 7.67 percent for the previous month and 3.97 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 4.92 percent against (+) 3.96 percent of the previous month and (+) 1.33 percent during the corresponding month of the previous year.

At center level, Rourkela, Howrah, and Siliguri reported the maximum increase of 7 points each followed by Mysore, Munger-Jamalpur, and Varanasi (6 points each). Among others, 5 points increase was observed in 8 centers, 4 points in 8 centers, 3 points in 15 centers, 2 points in 23 centers and 1 point in 10 centers. Rest of the 8 centers' indices remained stationary.

The indices of 35 centers are above All-India Index and 43 centers' indices are below the national average.

Source: Press Information Bureau