BUSINESS

All India Consumer Price Index up by 0.1 point

The All India Consumer Price Index for Industrial worker  for August, 2021 increased by 0.1 point and stood at 123 (one hundred twenty three).
On l-month percentage change, it increased by 0.16 per cent with respect to previous month compared ‘to an increase of 0.60 per cent recorded between corresponding months a year ago.
The maximum upward pressure in current index came from miscellaneous group contributing 0.08 percentage points to the total change. At item level, Cow Milk, Dairy Milk, Mustard Oil, Palm Oil, Soyabean Oil, Almond, Sugar-white, Tea Leaf, Cooking Gas, Hospital/Nursing Home charges, Petrol lbr Vehicle, Toilet Soap, etc. are responsible for the rise in index. However, this increase was largely checked by Rice, Eggs (Hen), Fish Fresh,
Poultry/Chicken, Apple, Banana, Guava, Mausami, Bitter Gourd, Cucumber, Drum Stick, French Beans, Lady’s Finger, Onion, Potato, etc. putting downward pressure on the index.
At center level, Ludhiana recorded a maximum increase of 3.5 points followed by Jalpaiguri, Guwahati, Jalandhar and Munger-Jamalpur with 2.9 points, 2.6 points, 2.1 points and 2.0 points respectively. 
Among others, 1 centers observed an increase between 1 to 1.9 points and 33 centers between 0.1 to 0.9 points. on the contrary, coonoor recorded a maximum decrease of 5.5 points followed by Tirunelveli with 2.2 points. Among others, 5 centers observed a decline between 1 to 1 .9 points and 26 centers between 0.1 to 0.9 points. Rest of 6 centers remained stationary.
Year-on-year inflation for the month stood at 419 per cent compared to 5.27 per cent for the previous month and 5.63 per cent during the corresponding month a year before. 
Similarly, Food inflation stood at 4.83 per cent against 4.91 per cent of the previous month and 6.06 per cent during the corresponding month a year ago.

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