As per the Labour Bureau press release, the AICPIN for February 2020 is decreased by two points and stood at 328.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st March 2020
Consumer Price Index for Industrial Workers (CPI-IW) – February 2020
The AICPIN for February 2020 decreased by two points and stood at 328 (three hundred and twenty eight). On 1-month percentage change, it went down by (-) 0.61 per cent between January and February 2020 whereas no change was observed between corresponding months of previous year.
The maximum downward pressure to the change in current index came from Food group contributing (-) 2.67 percentage points to the total change. At item level, Arhar Dal, Eggs-Hen- Fish Fresh, Poultry Chicken. Onion, Brinjal, Cabbage, Carrot, Cauliflower, Cucumber, French Bean, Gourd, palak, Peas, Potato. Radish, Tomato, Petrol, Toilet Soap, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat Alta, Groundnut Oil, Goat Meat, Milk-Buffallo, Cooking Gas, etc., putting upward pressure on the index.
Year-on-year inflation based on all-items stood at 6.84 per cent for February, 2020 as compared to 7.49 per cent for the previous month and 6.97 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 8.33 per cent against 10.61 per cent of the previous month and 2.63 per cent during the corresponding month an year ago.
At centre level, Munger-Jamalpur recorded the maximum decrease of 8 points followed by Giridih (7 points) and Tiruchirapally, Tripura and Surat (6 points each). Among others, 5 points decrease was observed in 11 centres, 4 points in 5 centres, 3 points in 18 centres, 2 points in 21 centres and 1 point in 12 centres. On the contrary, Bhavnagar recorded a maximum increase of 4 points. Rest of 5 centres’ indices remained stationary.
The indices of 34 centres are above All-India Index and 44 centres’ indices are below the national average.
The next issue of CPI-IW for the month of March 2020 will be released on Thursday 30th April, 2020. The same will also be available on the office website www. labourbureaunew.gov. in.