Nifty99000 100%

Sensex99000 100%

Article rating: 3.7
Article rating: 5.0
Article rating: 4.0
Article rating: No rating
Article rating: 1.5
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 4.7
Article rating: 4.0
Article rating: 4.2
Article rating: No rating
RSS

News

Retail inflation for industrial workers rose to 3.93% in June

Author: PTI/Wednesday, August 1, 2018/Categories: Economy

Retail inflation for industrial workers rose to 3.93% in June

New Delhi, Aug 1 - Retail inflation for industrial workers rose to 3.93% in June from 1.08% in the same month of last year due to increased rates of food items, petrol, power and medicines.

Food inflation stood at 0.97% against 1.66% of the previous month (May) and (-) 1.28% during the corresponding month of the previous year, the Labour Ministry said in a statement.

"The year-on-year inflation based on CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.93% for June, 2018 as compared to 3.96% for the previous month (May)," the statement said.

The All-India CPI-IW for June, 2018 increased by 2 points and pegged at 291 (two hundred and ninety one).

It said that the maximum upward pressure to the change in current index came from food group contributing (+) 1.86 percentage points to the total change.

At centre level, Quilon reported the maximum increase of 10 points followed by Jharia (7 points) and Rourkela (6 points).  Among others, five points increase was observed in 4 centres, 4 points in 10 centres, 3 points in 12 centres, 2 points in 16 centres and 1 point in 18 centres. On the contrary, Darjeeling recorded a maximum decrease of 2 points followed by Hyderabad with 1 point. Rest of the 13 centres' indices remained stationary.

The indices of 37 centres are above All-India Index and 39 centres' indices are below national average. The indices of Jalandhar and Jabalpur centres remained at par with All-India Index.

Print Rate this article:
No rating

Number of views (185)/Comments (0)

rajyashree guha

PTI

Other posts by PTI
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free