Speed Post News Network
New Delhi : The All-India CPI-Industrial Workers (IW) for April, 2020 increased by 3 points and stood at 329 (three hundred and twenty nine). On 1-month percentage change, it increased by (+) 0.92 per cent between March and April, 2020, compared to (+) 0.97 per cent increase between corresponding months of previous year.
The maximum upward pressure in current index came from Food group contributing (+) 2.43 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta, Arhar Dal, Moong Dal, Mustard Oil, Fish Fresh, Goat Meat, Poultry (Chicken), Brinjal, Cabbage, Cauliflower, French Bean, Green Coriander Leaves, Lady’s Finger, Palak, Potato, Radish, Tomato, Banana, Lemon, Mango (Ripe), Sugar, Cooking Gas, etc. are responsible for the increase in index. However, this increase was checked by Garlic, Onion, Parval, Petrol, Flowers/Flower Garlands, etc., putting downward pressure on the index, according to a PIB release
Year-on-year inflation based on all-items stood at 5.45 per cent for April, 2020 as compared to 5.50 per cent for the previous month and 8.33 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 6.56 per cent against 6.67 per cent of the previous month and 4.92 per cent during the corresponding month an year ago.