farm-workers-inflation-at-5-96-rural-at-6-08-in-august

Economy

Farm workers' inflation at 5.96%, rural at 6.08% in August

Retail inflation for farm workers and rural labourers decreased to 5.96% and 6.08%, respectively, in August, down from 6.17% and 6.20% in July, while the Consumer Price Index for Agricultural Labourers and Rural Labourers rose by 7 points each.

News Arena Network - New Delhi - UPDATED: September 20, 2024, 02:58 PM - 2 min read

In August 2024, the All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) each rose by seven points, reaching 1,297 and 1,309, respectively.

Retail inflation for farm workers and rural labourers eased to 5.96% and 6.08%, respectively, in August, down from 6.17% and 6.20% recorded in July, according to a statement from the Labour Ministry.

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) both registered an increase of seven points in August, reaching levels of 1,297 and 1,309, respectively, up from 1,290 and 1,302 points in July.

Year-on-year inflation rates based on CPI-AL and CPI-RL for August 2024 were 5.96% and 6.08%, compared to 7.37% and 7.12% in August 2023. The figures for July 2024 were 6.17% for CPI-AL and 6.20% for CPI-RL.

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farm-workers-inflation-at-5-96-rural-at-6-08-in-august