Retail inflation eases for farm, rural workers in December
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for December 2024 eased to 5.01 per cent and 5.05 per cent from 5.35 per cent and 5.47 per cent, respectively, in November 2024. In the same month last year (December 2023), retail inflation for farm and rural workers was 7.71 per cent and 7.46 per cent, respectively.
The inflation rate for both categories of labourers has been coming down over the last four months. The easing of the inflation burden for both agricultural and rural labourers comes as a welcome relief for these vulnerable segments that are hit hardest by spiralling prices. It also leaves more money in their hands to buy a wider range of goods, leading to a better lifestyle.
Ministry of Labour & Employment in its latest report has showed that the All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) remained unchanged for December 2024 at 1,320 and 1,331 points, respectively. According to the report, the CPI-AL and CPI-RL were 1320 points and 1331 points, respectively, in November 2024.
