Speed Post News Network
New Delhi : The All-India Consumer Price Index for Industrial Workers (CPI-IW) for October, 2020, increased by 1.4 points and stood at 119.5. On 1-month percentage change, it increased by (+) 1.19 per cent between September and October, 2020, compared to (+) 0.93 per cent increase between corresponding months of previous year.
The maximum upward pressure in current index came from Food & Beverages group contributing (+) 1.29 percentage points to the total change. At item level, Arhar Dal, Poultry (Chicken), Eggs (Hen), Goat Meat, Mustard Oil, Sunflower Oil, Brinjal, Cabbage, Carrot, Cauliflower, Chillies Green, Gourd, Lady Finger, Onion, Peas, Potato, Electricity Domestic, Doctor’s Fee, Bus Fare, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Fish Fresh, Tomato, Apple, etc., putting downward pressure on the index, according to a PIB release.
At centre level, Doom-Dooma Tinsukia, Patna, and Ramgarh recorded the maximum increase of 4 points each. Among others, 3 points increase was observed at 9 centres, 2 points at 24 centres, and 1 point at 33 centres. Rest of 19 centres’ indices remained stationary.
Year-on-year inflation based on all-items stood at 5.91 per cent for October, 2020 as compared to 5.62 per cent for the previous month and 7.62 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 8.21 per cent against 7.51 per cent of the previous month and 8.60 per cent during the corresponding month a year ago.