Business Economy


Food Inflation: Price index up by 0.9 point

Shimla, June 1 (UNI) Due to inflation in the Food & Beverages items all-lndia CPI-(Industrial workers) for April, 2023 increased by 0.9 points and stood at 134.2
(one hundred thirty four point two).
On one month percentage change, it increased by 0.68 per cent with respect to previous month compared to increase of 1.35 per cent recorded between
conesponding months a year ago.
The maximum upward pressure in current index came from Food & Beverages group contributing 0.39 percentage points to the total change.

At item level, Rice, Arhar Dal, Apple, Banana, orange, cauliflower, Brinjal, cabbage, Ginger, peas, Dairy Milk, French bean, Lemon, Cumin seed/Jira, Chillies dry, Cooked Meal, Poultry Chicken, Ladies Suiting etc. are responsible for the rise in index.
However, this increase was largely checked by Wheat Atta, Tomato, onion, Drum Stick, Lady's Finger, Mango, Soyabean oil, sunflower Oil, Mustard Oil, Egg-Hen, Electricity Domestic, Firewood and Chips, etc. putting downward pressure on the index.
At centre level, Howrah recorded a maximum increase of 4.1 points.
Among others, four centres recorded increase between two to2.9 points,30 centres between one to 1.9 points and
37 centres between 0.1 to 0.9 points.
On the contrary, Salem recorded a maximum decrease of 1.9 points. Among others, 11 centers recorded decrease between 0.1 to 0.9 points.
Rest of four centres' index remained stationary. Year-on-year inflation for the month stood at 5.09 per cent "o-pur"d to 5.79 per cent for the previous month and 6.33 per cent during the corresponding month a year before.
Similarly, Food inflation stood at 4.16 per cent against 5.02 per cent of the previous month and 7.05 per cent during the corresponding month ayear ago.
UNI ML SSP
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