Retail Inflation for industrial workers soars to 5.5% in June

New Delhi: Retail inflation for industrial workers rose to 5.57 per cent in June, mainly due to rising prices of certain food items.

 “Year-on-year inflation for the month stood at 5.57 per cent compared to 5.24 per cent for the previous month and 5.06 per cent during the corresponding month a year before,” a Labour Ministry statement said.

 According to the statement, food inflation stood at 5.61 per cent against 5.26 per cent in May 2021 and 5.49 per cent in June 2020.

 The All-India CPI-IW (Consumer Price Index for Industrial Workers) for June 2021 increased by 1.1 points and stood at 121.7 points.

 On one-month percentage change, it increased by 0.91 per cent with respect to the previous month, compared to a rise of 0.61 per cent recorded between



corresponding months a year ago.The maximum upward pressure in current index came from food & beverages group contributing 0.72 percentage points to the total change. 

 At item level, rice, fish, poultry/chicken, eggs, edible oil, apple, banana, brinjal, carrot, onion, potato and  tomato, among others, saw price rise.  Electricity, kerosene oil, barber/beautician charges, doctor’s/surgeon’s fee and petrol too contributed to the rise in the index.

However, this increase was checked by items like arhar dal, coconut fresh with pulp, mango, pomegranate, watermelon, lemon and tamarind, which put downward pressure on the index. At centre level, Shillong recorded maximum increase of 6.2 points, followed by Puducherry and Bhopal with 3.5 points and 3.1 points, respectively.