AICPIN for the month of January 2021
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 26th February, 2021
Consumer Price Index for Industrial Workers (2016=100) – January, 2021
The Labour Bureau, an attached office of the M/o 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 January, 2021 is being released in this press release.
The All-India CPI-IW for January, 2021 decreased by 0.6 points and stood at 118.2 (one hundred eighteen and point two). On 1-month percentage change, it decreased by 0.51 with respect to previous month whereas no change was observed between corresponding months a year ago.
The maximum downward pressure in current index came from Food & Beverages group contributing 0.90 percentage points to the total change. At item level, Rice, Wheat Atta, Arhar Dal, Poultry (Chicken), Eggs-Hen, Banana, Brinjal, Cabbage, Carrot, Cauliflower, Chilies Green, Garlic, Ginger, Onion, Peas, Potato, Tomato, Employees State Insurance Contribution, etc. are responsible for the decline in index. However, this decline was checked by Housing and Fuel & Light groups with a contribution of 0.29 & 0.22 points respectively with items like House Rent, Cooking Gas, Petrol, etc. putting upward pressure on the index.
At centre level, Jalpaiguri recorded the maximum decrease of 6.0 points followed by Biswanath-Chariali with 4.5 points. Among others, between 3.0 to 3.7 points decline was observed in 5 centres, 2.2 to 2.9 points in 9 centres, 1.2 to 1.9 points in 12 centres and 0.1 to 0.9 points in 33 centres. On the contrary, Coonoor recorded a maximum increase of 2.7 points. Among others, 1.0 to 1.6 points rise was observed in 7 centres and 0.1 to 0.8 points in 17 centres. Rest of 2 centres’ indices remained stationary.
Year-on-year inflation for the month stood at 3.15 per cent compared to 3.67 per cent for the previous month and 7.49 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 2.38 per cent against 2.89 per cent of the previous month and 10.61 per cent during the corresponding month a year ago.
The next issue of CPI-IW for the month of February, 2021 will be released on Wednesday 31st March, 2021. The same will also be available on the office website www.labourbureaunew.gov.in