The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of August, 2023 increased by 9 points and 8 points respectively to stand at 1224 (One thousand two hundred and twenty four) and 1234 (One thousand two hundred and thirty four) points respectively. The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food group to the extent of 8.38 and 7.69 points respectively mainly due to increase in prices of rice, wheat atta, pulses, milk, meat-goat, sugar, gur, chillies-dry, turmeric, garlic, onion, mixed spices, etc.
The rise in index varied from State to State. In case of Agricultural Labourers, it recorded an increase of 2 to 19 points in 20 States. Tamilnadu with 1423 points topped the index table whereas Himachal pradesh with 942 points stood at the bottom. In case of Rural Labourers, it recorded an increase of 2 to 18 points in 20 States. Andhra Pradesh with 1412 points topped the index table whereas Himachal pradesh with 1003 points stood at the bottom.
Point to point rate of inflation based on the CPI-AL and CPI-RL stood at 7.37% and 7.12% in August, 2023 compared to 7.43% and 7.26% respectively in July, 2023 and 6.94% & 7.26% respectively during the corresponding month of the previous year. Similarly, Food inflation stood at 8.89% and 8.64% in August, 2023 compared to 8.88% and 8.63% respectively in July, 2023 and 6.16% & 6.21% respectively during the corresponding month of the previous year.
Powered by Capital Market - Live News