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Retail inflation for industrial workers eased to 4.91% in December from 4.98% in November 2023, according to a labour ministry statement. Food inflation stood at 8.18% in December 2023, compared to 7.95% in November 2023 and 4.10% in December 2022. The All-India Consumer Price Index for Industrial Workers (CPI-IW) for December 2023 decreased by 0.3 points to 138.8 points. The decrease in the index was mainly due to lower prices of certain food items.

Retail inflation for industrial workers in India increased to 4.98% in November, mainly due to higher prices of certain food items. Food inflation stood at 7.95%, compared to 6.27% in October 2023 and 4.30% in November 2022. Year-on-year inflation for the month stood at 4.98% in November.

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 importan

Retail inflation for industrial workers in India eased to 4.45% in October from 4.72% in September, primarily due to lower prices of certain food items. The All-India Consumer Price Index for Industrial Workers (CPI-IW) was at 6.08% in October 2022. Food inflation for October 2023 stood at 6.27%, a decrease from 6.52% in the previous month and the corresponding month in 2022.

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