Retail Inflation for Farm and Rural Workers Eases in January
3 years, 10 months ago

Retail Inflation for Farm and Rural Workers Eases in January

News 18  

Retail inflation for farm workers and rural labourers eased to 2.17 per cent and 3.25 per cent in January, mainly due to lower prices of certain food items. “Point-to-point rate of inflation based on the CPI-AL and CPI-RL decreased to 2.17 per cent and 2.35 per cent in January 2021, from 3.25 per cent and 3.34 per cent, respectively, in December 2020,” the labour ministry said in a statement. Inflation based on food index of CPI-AL and CPI-RL stood at 1.02 per cent and 1.22 per cent, respectively, in January 2021. Labour Minister Santosh Gangwar said in the statement, “The inflations based on CPI-AL and CPI-RL have dipped to 2.17 per cent and 2.35 per cent, respectively, driven by lower food inflation mainly on account of decline in prices of pulses, onion, potato, cauliflower, and brinjal, etc.” Labour Bureau Director-General D P S Negi said in the statement, “The decline in inflation will bring cheers to the millions of labourers working in rural areas, as it will put lesser burden on their pockets.” Read all the Latest News, Breaking News and Coronavirus News here

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