Retail inflation for farm and rural labourers elevated to six.09 per cent and 6.33 per cent, respectively, primarily resulting from greater costs of sure meals objects and clothes.
“Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labourers) and CPI-RL (consumer price index rural labourers) stood at 6.09 per cent and 6.33 per cent in March 2022, compared to 5.59 per cent & 5.94 per cent, respectively, in February 2022, and 2.78 per cent and 2.96 per cent, respectively, during the corresponding month (March 2021) of the previous year,” a labour bureau assertion mentioned.
Similarly, it acknowledged that the meals inflation stood at 4.91 per cent and 4.88 per cent in March 2022, in comparison with 4.48 per cent and 4.45 per cent, respectively, in February 2022, and 1.66 per cent and 1.86 per cent in the course of the corresponding month of the earlier 12 months (March 2021).
The All-India Consumer Price Index Number for agricultural and rural labourers for March 2022 elevated by 3 factors every to face at 1,098 and 1,109 factors, respectively.
The CPI-AL and CPI-RL have been 1,095 factors and 1,106 factors in February 2022.
The main contribution in direction of the rise within the normal index of agricultural labourers and rural labourers got here from the clothes, bedding and footwear group to the extent of 1.09 and 1.44 factors, respectively, primarily because of the improve in costs of saree cotton (mill), dhoti cotton (mill), shirting fabric cotton (mill), plastic chappal/ footwear, leather-based chappal/footwear, and so forth.
The rise/fall within the index different from state to state. In the case of agricultural labourers, it recorded a rise of 1 to 10 factors in 16 states and a lower of two to 10 factors in 4 states.
Tamil Nadu with 1,282 factors topped the index desk, whereas Himachal Pradesh with 876 factors stood on the backside.
In the case of rural labourers, it recorded a rise of two to 10 factors in 16 states and a lower of three to 10 factors in 4 states. Tamil Nadu with 1,270 factors topped the index desk, whereas Himachal Pradesh with 926 factors stood on the backside.
Among states, the utmost improve within the Consumer Price Index Number for agricultural labourers was skilled by Maharashtra and for rural labourers by Madhya Pradesh, Maharashtra and Rajasthan (10 factors every) primarily resulting from an increase within the costs of wheat-atta, bajra, meat-goat, milk, groundnut oil, chillies inexperienced/dry, saree cotton (mill), dhoti cotton (mill), shirting fabric cotton (mill), plastic chappal/footwear, brass vessel, earthen-ware, and so forth.
On the opposite, the utmost lower within the Consumer Price Index Numbers for agricultural labourers was skilled by Tamil Nadu and for rural labourers by Karnataka (10 factors every), primarily resulting from a fall within the costs of rice, jowar, ragi, pulses, pan-leaf, fish contemporary, onion, greens and fruits, and so forth.
Source: www.financialexpress.com”