AICPIN for the month of February 2022
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st March, 2022
Consumer Price Index for Industrial Workers (2016=100) – February, 2022
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 February, 2022 is being released in this press release.
The All-India CPI-IW for February, 2022 decreased by 0.1 points and stood at 125.0 (one hundred twenty five). On 1-month percentage change, it decreased by 0.08 per cent with respect to previous month compared to increase of 0.68 per cent recorded between corresponding months a year ago.
The maximum downward pressure in current index came from Food & Beverages group contributing 0.30 percentage points to the total change. At item level, Rice, beetroot, Cabbage, Carrot, Drumstick, French-been, Lady’s finger, Onion, Potato and Tomato, etc. are responsible for the fall in index. However, this decrease was checked by Goat meat/Mutton, Poultry Chicken, Apple, Chili Green, Parwal, Kerosene Oil, Doctor’s/Surgeon Fess, Medicines Allopathic, Bus fare and Private Tuition/Coaching etc. putting upward pressure on the index.
At centre level, Salem recorded a maximum decrease of 4.7 points followed by Tirunelveli with 3.7 points. Among others, 5 centres recorded decrease between 2 to 2.9 points, 4 centres between 1 to 1.9 points and 28 centres between 0.1 to 0.9 points. On the contrary, Thane recorded a maximum increase of 2.9 points followed by Bhilwara with 2.1 points. Among others, 9 centres recorded increase between 1 to 1.9 points and 35 centres between 0.1 to 0.9 points. Rest of 3 centres’ indices remained stationary.
Year-on-year inflation for the month stood at 5.04 per cent compared to 5.84 per cent for the previous month and 4.48 per cent during the corresponding month a year before. Similarly, Food inflation stood at 5.09 per cent against 6.22 per cent of the previous month and 4.64 per cent during the corresponding month a year ago.