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AICPIN for the Month of May 2023

June 30, 2023 by Eliza Leave a Comment

The All-India CP1-1W for May. 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven). On I-month percentage change. it increased by 0.37 per cent with respect to previous month compared to increase of 1.02 per cent recorded between corresponding months a year ago.

Consumer Price Index for Industrial Workers (2016=100) – May, 2023

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYN1EN
LABOUR BUREAU

Shrum Bureau Ilhawan, Block No. 2,
Institutional Area, Sector 38 (West).
Chandigarh – 160036
Dated: 30th June, 2023

F.No. 5/1/2021-CP1

Press Release

Consumer Price Index for Industrial Workers (2016=100) – May, 2023

The labour Bureau, an attached otlice of the MM Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of May. 2023 is being released in this press release.

The All-India CP1-1W for May. 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven). On I-month percentage change. it increased by 0.37 per cent with respect to previous month compared to increase of 1.02 per cent recorded between corresponding months a year ago.

The maximum upward pressure in current index came from Food & Beverages group contributing 0.37 percentage points to the total change. At item level, Rice, Arhar Dal. Buffalo milk, Dairy Milk. Poultry Chicken. Egg-Hen, Apple. Grapes, Brinjal, Garlic. Ginger. Potato, Onion. Tomato, Sugar white, Cumin seed/Jira, Supari. Sarce Cotton, Shirt Cloth Cotton. Medicine Allopathic. Private tuition/Coaching Ccntcr Fees, etc. are responsible for the rise in index. However, this increase was largely checked by Wheat Atm, Lady’s Finger. Lemon. Mango, Soyabean Oil. Sunflower Oil. Mustard Oil, Electricity Domestic. Kerosene Oil. etc. putting downward pressure on the index.

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. On the contrary. Ludhiana recorded a maximum decrease of 1 point. Among others. 26 centers recorded decrease between 0.1 to 0.9 points. Rest of nine centers index remained stationary.

Year-on-year inflation for the month stood at 4.42 per cent compared to 5.09 per cent for the previous month and 6.97 per cent during the corresponding month a year before. Similarly, Food inflation stood at 3.24 per cent against 4.16 per cent of the previous month and 7.92 per cent during the corresponding month a year ago.

The next issue of CPI-IW for the month of June, 2023 will be released on Monday 31st July 2023. The same will be available on the office website www.labourbureau.gov.in.

(Shyam singh negi)
Deputy Director General

Source

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Filed Under: AICPIN - All India Consumer Price Index, CGE Latest News, Recent govt orders

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