Retail

Increase in Retail Inflation Witnessed in May

Due to the increase in prices of certain food items Retail inflation for farm & rural workers increased by 2.94% & 3.12% respectively. According to the statement released by the Labour Ministry, the point-to-point rate of inflation based on CPI-AL (Consumer Price Index For Agricultural Labourers) & CPI-RL(Consumer Price Index For Rural Labourers) reached 2.94% & 3.12% respectively. All India CPI-Al & CPI-RL increased at a noticeable margin in the month of May.