Team Blitz India
NEW DELHI: Retail inflation for industrial workers eased to 4.45 per cent in October from 4.72 per cent in September mainly due to lower prices of certain food items.
Retail inflation based on All-India Consumer Price Index for Industrial Workers (CPI-IW) was 6.08 per cent in October 2022, a labour ministry statement said.
Food inflation stood at 6.27 per cent in October 2023 against 6.52 per cent in the previous month and 6.52 per cent during the corresponding month (October 2022) a year ago.
The All-India CPI-IW for October 2023 increased by 0.9 points and stood at 138.4 points. The CPI-IW was 137.5 points in September 2023.
The maximum upward pressure in the current index came from Food & Beverages group contributing 0.68 percentage points to the total change.
