Retail inflation for farm and rural workers rises to 6.87% and 6.99%, respectively in November
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A labour bureau statement has said that retail inflation for farm and rural workers rose to 6.87 per cent and 6.99 per cent, respectively, in November on annual basis. Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labours) and CPI-RL (rural labourers) stood at 7.22 per cent & 7.34 per cent respectively in October, 2022 and 3.02 per cent and 3.38 per cent, respectively, during the corresponding month (November 2021) of the previous year.
Food inflation stood at 6.19 per cent and 6.05 per cent in November, 2022 compared to 7.05 per cent and 7 per cent respectively in October 2022 and 0.88 per cent and 1.07 per cent respectively during the corresponding month (November 2021) of the previous year. The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of November 2022 increased by 8 points each to stand at 1167 and 1178 points respectively. The CPI-AL was at 1,159 points in October 2022, while CPI-RL was at 1,170 points.
The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food group to the extent of 4.05 & 3.56 points respectively mainly due to an increase in prices of rice, wheat-atta, jowar, bajra, pulses, meat goat, mustard-oil, milk, ghee, onion, chillies dry, mixed spices, tea-readymade, etc.
