In May 2023, the AICPIN for Industrial Workers (CPI-IW) increased by 0.5 points and stood at 134.7
This press release by the Labour Bureau, Ministry of Labour & Employment, Government of India, announces the release of the Consumer Price Index for Industrial Workers (CPI-IW) for May 2023. The index, compiled from retail prices collected across 317 markets in 88 industrially important centers in the country, increased by 0.5 points to reach 134.7 (on a scale of 2016=100). The release provides details on the monthly and yearly percentage changes in the index.
F.No. 5/1/2021-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
Dated: 30th June, 2023
Press Release
Consumer Price Index for Industrial Workers (2016=100) — May, 2023
The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of May, 2023 is being released in this press release.
The All-India CPI-IW for May, 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven). On 1-month percentage change, it increased by 0.37 per cent with respect to previous month compared to increase of 1.02 per cent recorded between corresponding months a year ago.
The maximum upward pressure in current index came from Food & Beverages group contributing 0.37 percentage points to the total change. At item level, Rice, Arhar Dal, Buffalo milk, Dairy Milk, Poultry Chicken, Egg-Hen, Apple, Grapes, Brinjal, Garlic, Ginger, Potato, Onion, Tomato, Sugar white, Cumin seedlJira, Supari, Saree Cotton, Shirt Cloth Cotton, Medicine Allopathic, Private tuition/Coaching Center Fees, etc. are responsible for the rise in index. However, this increase was largely checked by Wheat Atta, Lady’s Finger, Lemon, Mango, Soyabean Oil, Sunflower Oil, Mustard Oil, Electricity Domestic, Kerosene Oil, etc. putting downward pressure on the index.
At centre level, Jabalpur recorded a maximum increase of 5.2 points followed by Salem with 3.8 points. Among others, 2 centres recorded increase between 2 to 2.6 points, 14 centres between 1 to 1.9 points and 34 centres between 0.1 to 0.9 points. On the contrary, Ludhiana recorded a maximum decrease of 1 point. Among others, 26 centers recorded decrease between 0.1 to 0.9 points. Rest of nine centers index remained stationary.
Year-on-year inflation for the month stood at 4.42 per cent compared to 5.09 per cent for the previous month and 6.97 per cent during the corresponding month a year before. Similarly, Food inflation stood at 3.24 per cent against 4.16 per cent of the previous month and 7.92 per cent during the corresponding month a year ago.
Y-o-Y Inflation based on CPI-IW (Food and General)
All-India Group-wise CPI-IW for April, 2023 andMay,2023
CPI-IW: Groups Indices
The next issue of CPI-IW for the month of June, 2023 will be released on Monday, 3lst July, 2023. The same will also be available on the office website www.labourbureau.gov.in.
(Shyam Sing negi)
Deputy Director General
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