Consumers Price index decreases

The All-India CPI-IW for January,2022 decreased by 0.3 points and stood at 125.1(one hundred twenty five and point one). On one-month percentage change, it decreased by 0.24 per cent with respect to previous month compared to decrease of 0.51 per cent recorded between corresponding months a year ago. The maximum downward pressure in current index came from Food & Beverages group contributing 0.82 percentage points to the total change. At item level, Fish fresh, Mustard Oil, Apple, Carrot, French-been, Garlic, Brinjal, Cauliflower, Lady’s finger, Onion, Peas, Potato, Radish, Tomato, etc. are responsible for the fall in index. However, this decrease was checked by House rent, Rice, Wheat, Buffalo-Milk, Goat meat/Mutton, Orange, Beetroot, Chili dry, Cooked Meals, etc. putting upward pressure on the index. At Centre level, Puducherry recorded a maximum decrease of 7.3 points. Among others, 5 center’s recorded decrease between 2 to 2.9 points, 13 center’s between 1 to i.9 points and 33 center’s between 0.1 to 0.9 points. On the contrary, Ludhiana recorded a maximum increase of 2.3 points. Among others, 6 center’s recorded increase between I to 1.9 points and 26 center’s between 0.1 to 0.9 points. Rest of 3 center’s indices remained stationary. Year-on-year inflation for the month stood at 5.84 per cent compared to 5.56 per cent for the previous month and 3.15 per cent during the corresponding month a year before. Similarly, Food inflation stood at6.22 per cent against 5.93 per cent of the previous month and 2.38 per cent during the corresponding month a year ago.