Retail inflation for farm, rural workers up in May

| | New Delhi
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Retail inflation for farm, rural workers up in May

Saturday, 19 June 2021 | PTI | New Delhi

Retail inflation for farm and rural workers rose to 2.94 per cent and 3.12 per cent, respectively, in May as certain food items turned costlier.

The inflation rates in April had stood at 2.66 per cent and 2.94 per cent, respectively.

"Point-to-point rate of inflation based on the CPI-AL (Consumer Price Index for Agricultural Labourers) and CPI-RL (Consumer Price Index for Rural Labourers) stood at 2.94 per cent and 3.12 per cent in May 2021," the labour ministry said in a statement.

It added that the inflation rates based on CPI-AL and CPI-RL in April 2021 had stood at 2.66 per cent and 2.94 per cent, respectively; and 8.40 per cent and 8.12 per cent during May 2020.

Food inflation based on CPI-AL and CPI-RL stood at 1.54 per cent and 1.73 per cent, respectively, during May 2021. They had stood at 1.24 per cent  and 1.54 per cent, respectively, in April 2021; and 10.40 per cent and 10.21 per cent in May last year.

All-India CPI-AL and CPI-RL for May this year rose eight notch each to 1,049 and 1,057 points, respectively.

The major contribution towards the rise in general index of agricultural labourers and rural labourers came from food, with (+) 6.67 points and (+) 6.16 points, respectively. This was mainly due to a rise in prices of wheat atta, meat goat, fish fresh, mustard oil, groundnut oil, pulses, and vegetables and fruits.

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