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Business EconomyPosted at: Jul 31 2020 7:00PM


Consumer price index up by two point

Shimla, Jul 31(UNI) All-India CPI-IW for June 2020 increased by two points and stood at 332. On 1-month percentage change, it increased by (plus ) 0.61 per cent between May and June 2020 compared to (plus ) 0.64 per cent increase between corresponding months of the previous year.
The maximum upward pressure in current index came from Food group contributing (plus) 1.65 percentage points to the total change. At item level, Rice, Groundnut Oil, Fish Fresh, Goat Meat, Poultry (Chicken), Milk (Buffalo), Brinjal, Cauliflower, Green Coriander Leaves, Potato, Tomato, Refined Liquor, Cooking Gas, Petrol, etc. are responsible for the increase in index. However, this increase was checked by Wheat Atta, Arhar Dal, Garlic, Onion, Arum, Coconut, Lady's Finger, Lemon, Mango, Kerosene Oil, etc., putting downward pressure on the index.
At centre level, Jharia recorded the maximum increase of Nine points. Among others, Eight points increase was observed in three centres, Seven points in two centres, six points in three centres, five points in seven centres, four points in 12 centres, three points in seven centres, two points in 10 centres and one point in 12 centres.
On the contrary, Ranchi-Hatia recorded a maximum decrease of eight points. Among others, three points decrease was observed in five centres, two points in two centres and one point in one centre. Rest of 12 centres' indices remained stationary.
The indices of 31 centres are above All-India Index and 45 centres' indices are below the national average. The indices of Chhindwara and Jalandhar centres remained at par with All-India Index.
The year-on-year inflation based on all-items stood at 5.06 per cent for June 2020 as compared to 5.10 per cent for the previous month and 8.59 per cent during the corresponding month of the previous year.
Similarly, the Food inflation stood at 5.49 per cent against 5.88 per cent of the previous month and 5.47 per cent during the corresponding month a year ago.
UNI ML RHK1900
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