AICPIN for the month of January 2022

AICPIN for the month of January 2022

Consumer Price Index for Industrial Workers (2016=100) – January, 2022

TheLabour 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, 2022is being released in this press release.

The All-India CPI-IW for January, 2022 decreased by 0.3 points and stood at 125.1 (one hundred twenty five and point one). On 1-month percentage change, it decreased by 0.24 per cent with respect to previous month compared to decrease of 0.51 per cent recorded between corresponding months a year ago.

The maximum downward pressure in current index came from Food & Beverages group contributing 0.82 percentage points to the total change. At item level, Fish fresh, Mustard Oil, Apple, Carrot, French-been, Garlic, Brinjal, Cauliflower, Lady’s finger, Onion, Peas, Potato, Radish, Tomato, etc. are responsible for the fall in index. However, this decrease was checked by House rent, Rice, Wheat, Buffalo-Milk, Goat meat/Mutton, Orange, Beetroot, Chilli dry, Cooked Meals,  etc. putting upward pressure on the index.

At centre level, Puducherry recorded a maximum decrease of 7.3 points. Among others, 5 centres recorded decrease between 2 to 2.9 points, 13 centres between 1 to 1.9 points and 33 centres between 0.1 to 0.9 points. On the contrary, Ludhiana recorded a maximum increase of 2.3 points. Among others, 6 centres recorded increase between 1 to 1.9 points and 26 centres between 0.1 to 0.9 points. Rest of 3 centres’ indices remained stationary.

Year-on-year inflation for the month stood at 5.84 per cent compared to 5.56 per cent for the previous month and 3.15 per cent during the corresponding month a year before. Similarly, Food inflation stood at 6.22 per cent against 5.93 per cent of the previous month and 2.38 per cent during the corresponding month a year ago.

Y-o-Y Inflation based on CPI-IW (Food and General)

All-India Group-wise CPI-IW for December, 2021 and January, 2022

CPI-IW: Groups Indices

The next issue of CPI-IW for the month of February, 2022 will be released on Thursday, 31^st March, 2022. The same will also be available on the office website www.labourbureaunew.gov.in.