Press Release of AICPIN for May 2014 - 2 Points increased and stood at 244
Consumer Price Index for Industrial Workers (CPI-IW) – May, 2014
No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
`CLEREMONT’, SHIMLA-171004
DATED: the 30th June, 2014
Press Release
Consumer Price Index for Industrial Workers (CPI-IW) – May, 2014The
All-India CPI-IW for May, 2014 increased by 2 points and pegged at 244
(two hundred and forty four). On 1-month percentage change, it increased
by 0.83 per cent between April, 2014 and May, 2014 when compared with
the rise of 0.88 per cent between the same two months a year ago.
The
largest upward pressure to the change in current index came from Food
group contributing 1.65 percentage points to the total change. At item
level, Rice, Coconut Oil, Fish Fresh, Poultry, Milk, Onion, Vegetables
& Fruits, Sugar, Cigarette, Electricity Charges, etc. are
responsible for the increase in index. However, this increase was
restricted to some extent by Petrol putting downward pressure on the
index.
The year-on-year inflation measured by monthly CPI-IW
stood at 7.02 per cent for May, 2014 as compared to 7.08 per cent for
the previous month and 10.68 per cent during the corresponding month of
the previous year. Similarly, the Food inflation stood at 7.66 per cent
against 7.76 per cent of the previous month and 13.24 per cent during
the corresponding month of the previous year.
At centre level,
Coimbatore recorded the maximum increase of 9 points followed by
Bhavnagar (7 points) and Amritsar, Mercara and Tiruchirapally (6 points
each). Among others, 5 points rise was registered in 7 centres, 4 points
in 11 centres, 3 points in 13 centres, 2 points in 11 centres and 1
point in 10 centres. On the contrary, a decline of 5 points was reported
in Giridih, 4 points in Chhindwara, 3 points in 2 centres, 2 points in 1
centre and I point in 7 centres. Indices of remaining 9 centres
observed no change.
The indices of 35 centres are above and other
41 centres are below national average. The index of Vishakhapathnam and
Chandigarh is at par with all-India index.
The next index of
CPI-1W for the month of June, 2014 will be released on Thursday, 31
July, 2014. The same will also be available on the office website
www.labourbureau.gov. in.
sd/-
(S.S.NEGI)
DIRECTOR
Source: www.labourbureau.nic.in