Published: 28th Dec, 2023
Context
The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of November, 2023 has been released.
Key Highlights
- Agricultural Labourers: Increased by 12 points to reach 1253.
- Rural Labourers: Increased by 11 points to stand at 1262.
- Contribution Factors: Major contributor, accounting for 10.85 and 10.50 points in Agricultural and Rural Labourers' indices, driven by price hikes in rice, wheat atta, pulses, onion, turmeric whole, garlic, mixed spices, etc.
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Who maintains Consumer Price Index in India? In India, there are four consumer price index numbers, which are calculated, and these are as follows:
The Ministry of Statistics and Program Implementation collects CPI (UNME) data and compiles it. The remaining three (CPI-IW, CPI-AL, CPI-RL) are collected by the Labour Bureau in the Ministry of Labour. |
- Regional Trends:
- Upward trend observed in all states, except West Bengal (decreased indices for both CPI-AL and CPI-RL) and Himachal Pradesh (CPI-AL index decreased).
- State-wise Breakdown (Agricultural Labourers):
- Increase of 1 to 10 points in 11 states.
- Increase of 11 to 20 points in 4 states.
- Increase of more than 20 points in 3 states.
- Tamil Nadu tops with 1453 points, while Himachal Pradesh is at the bottom with 958 points.
- State-wise Breakdown (Rural Labourers):
- Increase of 1 to 10 points in 11 states.
- Increase of 11 to 20 points in 5 states.
- Increase of more than 20 points in 3 states.
- Andhra Pradesh and Tamil Nadu lead with 1439 points each; Himachal Pradesh is at the bottom with 1015 points.
- Maximum State Increases:
- CPI-AL: Maharashtra experienced the highest increase of 27 points, driven by price hikes in jowar, rice, wheat atta, tapioca, arhar dal, onion, and sugar.
- CPI-RL: Andhra Pradesh and Tamil Nadu saw the maximum increase of 24 points each, mainly due to rising prices of rice, jowar, ragi, fish fresh, onion, arhar dal, vegetables, and fruits.
- Point-to-Point Inflation Rates (November 2023):
- CPI-AL: 7.37%, compared to 7.08% in October and 6.87% during the same month last year.
- CPI-RL: 7.13%, compared to 6.92% in October and 6.99% during the same month last year.
- Food Inflation Rates (November 2023):
- 9.38% for CPI-AL, compared to 8.42% in October and 6.19% during the same month last year.
- 9.14% for CPI-RL, compared to 8.18% in October and 6.05% during the same month last year.
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