{"id":4395,"date":"2024-06-08T12:06:45","date_gmt":"2024-06-08T12:06:45","guid":{"rendered":"https:\/\/khabarok.com\/business\/retail-inflation-for-industrial-workers-eases-to-3-87-in-april\/"},"modified":"2024-06-08T12:06:45","modified_gmt":"2024-06-08T12:06:45","slug":"retail-inflation-for-industrial-workers-eases-to-3-87-in-april","status":"publish","type":"post","link":"https:\/\/khabarok.com\/?p=4395","title":{"rendered":"Retail inflation for industrial workers eases to 3.87% in April"},"content":{"rendered":"<p><\/p>\n<div id=\"content-body-68266343\" itemprop=\"articleBody\">\n<p>Retail inflation for industrial workers, eased to 3.87 per cent in April, compared to 4.2 per cent in March this year, according to official data, released on Friday.<\/p>\n<ul class=\"article-bullet-list\">\n<li><b>Also read:<\/b><b>WPI inflation hits 13-month high of 1.26% in April<\/b><\/li>\n<\/ul>\n<p>The Ministry of Labour and Employment, released the Consumer Price Index-Industrial Workers (CPI-IW) numbers for February, March, and April on Friday.<\/p>\n<p> &#8220;Year-on-year inflation for the month of March, 2024, stood at 4.20 per cent, as compared to 5.79 per cent in March, 2023,&#8221; a labour ministry statement said.<\/p>\n<p> According to the statement, year-on-year inflation, for the month of April, 2024, stood at 3.87 per cent, as compared to 5.09 per cent in April, 2023. Year-on-year inflation, for the month of February, 2024, stood at 4.90 per cent, as compared to 6.16 per cent in February, 2023.<\/p>\n<p> The Labour Bureau, an attached office of the Ministry of Labour &amp; 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.<\/p>\n<p> The All-India CPI-IW for February, increased by 0.3 points to 139.2 points. The index for March, decreased by 0.3 points, and stood at 138.9 points.<\/p>\n<p> The All-India CPI-IW for April, 2024, increased by 0.5 points, and stood at 139.4 (one hundred thirty nine point four).<\/p>\n<p> The CPI-IW, is used for fixing dearness allowance employees, and dearness relief of pensioners by the government.<\/p>\n<p> In another statement, the Ministry also released the All-India Consumer Price Index Numbers For Agricultural And Rural Labourers for March, and April.<\/p>\n<p> &#8220;The year on year inflation rates for CPI-AL and CPI-RL in March, 2024, were recorded at 7.15 per cent, and 7.08 per cent, respectively. In April, 2024, the year-on-year inflation rates for CPI-AL, and CPI-RL, were registered at 7.03 per cent, and 6.96 per cent, respectively,&#8221; it said.<\/p>\n<p> In March, 2024, both the CPI-AL, and CPI-RL increased by 1 point, reaching 1,259 and 1,270, respectively. In April, 2024, the CPI-AL, rose by 4 points to 1,263, while the CPI-RL increased by 5 points to 1,275 points, it stated.<\/p>\n<ul class=\"article-bullet-list\">\n<li><b>Also read:<\/b><b>Retail inflation eases to 4.83% in April<\/b><\/li>\n<\/ul>\n<p> The Labour Bureau, an attached office of the Ministry of Labour &amp; Employment, has been compiling All-India Consumer Price Index for Agricultural Labourers (CPI-AL), and Rural Labourers (CPI-RL), every month, on the basis of retail prices collected from 600 villages spread over 20 States.<\/p>\n<p> The indices for the months of March, 2024 and April, 2024, are being released in this press release, it said. <\/p>\n<div class=\"share-article-section second-article-share share-article-section-mobile\">\n<div class=\"share-page\" data-title=\"Retail inflation for industrial workers eases to 3.87% in April\" data-url=\"https:\/\/www.thehindubusinessline.com\/economy\/retail-inflation-for-industrial-workers-eases-to-387-in-april\/article68266343.ece\">\n<p><span class=\"red-text-color\"\/>SHARE\n<\/p>\n<ul class=\"share-list\" style=\"display: none;\">\n<li class=\"copy-link\" onclick=\"if (!window.__cfRLUnblockHandlers) return false; 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