IDA is 4.5% likely if Consumer price index for Industrial workers remains at 205 for May 2012-we may get 4.5% IDA. Going by the present trend by price raise,CPI will increase.
SHIMLA: Inflation based on the Consumer Price Index for Industrial Workers
crossed the double digit mark in April this year due to rise in food
items such as fruits, vegetables, wheat (atta), rajma and fresh milk.
The point to point rate of inflation based on CPI-IW (general) for the month of April, 2012 stood at 10.22 per cent as compared to 8.65 per cent in March, 2012, sources in the Labour Bureau said here.
Inflation based on Food Index attained the level of 10.66 per cent in April, 2012 as compared to 8.16 per cent in March, 2012, the sources added.
The point to point rate of inflation based on CPI-IW (general) for the month of April, 2012 stood at 10.22 per cent as compared to 8.65 per cent in March, 2012, sources in the Labour Bureau said here.
Inflation based on Food Index attained the level of 10.66 per cent in April, 2012 as compared to 8.16 per cent in March, 2012, the sources added.
The All India Consumer Price Index Number for Industrial Workers
(CPI-IW) on base 2001=100 for the month of April 2012 increased by 4
points and stood at 205.
During April, 2012 the index recorded maximum increase of 9 points in Amritsar centre, 8 points each in Jaipur, Madurai and Vadodara centres and 7 points each in Mundakkayam, Bhilwara and Faridabad centres. It rose by 6 points in 7 centres, 5 points in 11 centres, 4 points in 15 centres, 3 points in 16 centres, 2 points in 7 centres and 1 point in 10 centres. The index declined by 2 points in Belgaum centre and 1 point in Munger Jamalpur centre, while being stationary in 3 centres. The maximum increase of 9 points in Amritsar centre is mainly due to increase in the prices of wheat Atta, rajma, vanaspati ghee, fresh milk, vegetable & fruit items, firewood, washing Soap, etc.
The decline of 2 points in Belgaum centre is on account of a decrease in the prices of rice, jowar, chillies dry, pan leaf etc. The CPI-IW for May, 2012 will be released on the last working day of the next month ie June, 2012, the sources added.
During April, 2012 the index recorded maximum increase of 9 points in Amritsar centre, 8 points each in Jaipur, Madurai and Vadodara centres and 7 points each in Mundakkayam, Bhilwara and Faridabad centres. It rose by 6 points in 7 centres, 5 points in 11 centres, 4 points in 15 centres, 3 points in 16 centres, 2 points in 7 centres and 1 point in 10 centres. The index declined by 2 points in Belgaum centre and 1 point in Munger Jamalpur centre, while being stationary in 3 centres. The maximum increase of 9 points in Amritsar centre is mainly due to increase in the prices of wheat Atta, rajma, vanaspati ghee, fresh milk, vegetable & fruit items, firewood, washing Soap, etc.
The decline of 2 points in Belgaum centre is on account of a decrease in the prices of rice, jowar, chillies dry, pan leaf etc. The CPI-IW for May, 2012 will be released on the last working day of the next month ie June, 2012, the sources added.
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