Retail inflation for industrial workers eases to 4.42% in May: Labour ministry
The labour ministry has said retail inflation for industrial workers eased to 4.42 per cent in May 2023 from 5.09 per cent in April and 6.97 per cent during the corresponding month a year before, mainly due to lower prices of certain food items.
Moreover, it said food inflation stood at 3.24 per cent in May as against 4.16 per cent in the previous month and 7.92 per cent during the year-ago period. The All India CPI-IW for May 2023 increased by 0.5 points to 134.7.
Besides, it said the maximum upward pressure in current index came from Food & Beverages group contributing 0.37 percentage points to the total change. At centre level, Jabalpur recorded a maximum increase of 5.2 points followed by Salem with 3.8 points. Among others, 2 centres recorded increase between 2 to 2.6 points, 14 centres between 1 to 1.9 points and 34 centres between 0.1 to 0.9 points.
