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Thursday, November 1, 2012
IDA to increase from Jan. 2013 if this trend continues.
CPI-IW rises by 1 point in Sept
India Blooms News Service
New Delhi, Oct 31 (IBNS) The All-India Consumer
Price Index Numbers for Industrial Workers (CPI-IW) for September, 2012
rose by 1 point and pegged at 215 (two hundred and fifteen), government
numbers revealed on Wednesday.
On 1-month percentage
change, it increased by 0.47 per cent between August and September
compared with 1.55 per cent between the same two months a year ago.
The largest upward contribution to the change in current index came from
food items which increased by 0.87 per cent, contributing 0.68
percentage points to the total change.
At item level, largest upward pressure came from Rice, Wheat & Wheat
Atta, Grinding Charges, Arhar Dal, Eggs-Hen, Fish Fresh, Goat Meat,
Milk-Buffalo, Tea (readymade), etc. Miscellaneous items like Electricity
Charges, Fire wood, Medicine (Allopathic), etc. also put upward
pressure in total change.
The largest downward contribution to the change in current index came
from Vegetables and Fruits with a decline of 4.38 per cent, contributing
(-) 0.67 percentage points to the total change. The main downward
pressure came from Tomato, Chilies-Green Apple & Banana.
The year-on-year inflation measured by monthly CPI-IW stood at 9.14 per
cent for September, 2012 as compared to 10.31 per cent for the previous
month and 10.06 per cent during the corresponding month of the previous
year. Similarly, the Food inflation stood at 11.00 per cent against
12.20 per cent of the previous month and 8.29 per cent during the
corresponding month of the previous year.
At centre level, Chhindwara recorded the largest increase of 8 points
followed by Jalpaiguri and Ranchi Hatia (7 points each), Nasik (5
points) and Jharia (4 points).
Among others, 12 centres registered a rise of 3 points followed by 2
points in 16 centres and 1 point in 22 centres. Giridih centre reported a
decline of 3 points followed by Bhilwara with 2 points and other 7
centres registered a fall of 1 point each. Rest of the 14 centres’
indices remained stationary.
The indices of 40 centres are above All-India Index and other 37 centres’ indices are below national average.
Ghaziabad’s index remained at par with all-India index.
The next index of CPI-IW for the month of October will be released on November 30.