FARM, RURAL INFLATION EASES MARGINALLY

The increase in the index showed regional variations, with 20 states experiencing a rise e of to 19 points for the AL category

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Retail inflation for farm workers and rural labourers eased marginally to 7.37 per cent and 7.12 per cent, respectively in August this year as compared to the previous month.

“Point-to-point rate of inflation based on CPI-AL (consumer price index-agricultural labourers) and CPI-RL (rural labourers) stood at 7.37 per cent and 7.12 per cent in August 2023 as compared to 7.43 per cent and 7.26 per cent respectively in July 2023,” a labour ministry statement said.

In August 2022, CPI-AL was 6.94 per cent and CPI-RL was 7.26 per cent.

Food inflation stood at 8.89 per cent (AL) and 8.64 per cent (RL) in August, compared to 8.88 per cent and 8.63 per cent in July 2023 and 6.16 per cent and 6.21 per cent in the year-ago month.

The all-India CPI-AL and CPI-RL in August 2023 increased by 9 points and 8 points, respectively at 1,224 points and 1,234 points. CPIAL and CPI-RL were 1,215 points and 1,226 points, respectively in the previous month.