Vegetable prices contain inflation index, almost stationery
Shimla, Jan 31
The All-lndia CPI-IW for December,2022 decreased by 0.2 points and stood at 132.3 (one thirty two point three) points. On 1-month percentage change, it decreased by 0.15 per cent with respect to previous month compared to decrease of 0.24 per cent recorded between corresponding months a year ago.
The maximum downward trend in the current index came from Food & Beverages, contributing 0.52 percentage points to the total change. At item level, Cabbage, Cauliflower,Brinjal, Carrot, Onion, Potato, Tomato, Peas, Garlic, Chilies Green, Apple, Orange, Sunflower Oil, Vanaspati Oil and Poultry/Chicken etc. are responsible for the fall in index.
However, this decrease was checked by Rice, Wheat Atta, Cow Milk, Fish Fresh, Egg-Hen, Drum stick, Chilies Dry, Cumin Seed/Jira, Turmeric, Tea Leaf, Cooked Meals, ESI Contribution, Medicine Allopathic and Tuition and other fees school/lTl etc. , which displayed a upward trend. At centre level, Lucknow and Nasik recorded a maximum decrease of 1.9 points each.
Among others, 19 centres recorded decrease between 1 to 1.8 points and 37 centres between 0.1 to 0.9 points.
On the contrary, Faridabad recorded a maximum increase of 3.3 points followed by Nagpur and Tiruneveli with 3.0 and 2.4 points respectively. Among others, 4 centres recorded increase between 1 to 1.7 points and 2l centres between 0.1 to 0.9 points. Rest of 2 centres’ remained stationary.
Year-on-year inflation for the month stood at 5.50 per cent compared to 5.41 per cent for the previous month and 5.56 per cent during the corresponding month a year before. Similarly, Food inflation stood at 4.10 per cent against 4.30 per cent of the previous month and 5.93 per cent during the corresponding month a year ago.