All-India CPI-IW For April 2023 Increases By 0.9 Points

The All-India CPI-IW for April 2023 increased by 0.9 points and stood at 134.2 (one hundred thirty-four point two). On 1-month percentage change, it increased by 0.68 per cent with respect to the previous month compared to an increase of 1.35 per cent recorded between corresponding months a year ago.

The Labour Bureau, an attached office of the Ministry of 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 the succeeding month. 

The maximum upward pressure in the current index came from Food & Beverages group contributing 0.39 per cent points to the total change. At the 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 the 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 the centre level, Howrah recorded a maximum increase of 4.1 points. Among others, 4 centres recorded an increase between 2 to 2.9 points, 30 centres between 1 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 centres recorded a decrease between 0.1 to 0.9 points. The rest of the four centres indexes remained stationary.

Year-on-year inflation for the month stood at 5.09 per cent compared to 5.79 per cent for the previous month and 6.33 per cent during the corresponding month a year before. Similarly, the Food inflation stood at 4.16 per cent against 5.02 per cent in the previous month and 7.05 per cent during the corresponding month a year ago.