Retail inflation for farm, rural workers eases in November

Retail inflation for farm workers and rural labourers decreased to 5.35% and 5.47% in November 2024, down from 5.96% and 6% in October. The Consumer Price Index for Agricultural and Rural Labourers (CPI-AL and CPI-RL) rose by 5 points each, reachi...

Reuters
Retail inflation for farm workers and rural labourers dipped to 5.35 per cent and 5.47 per cent in November compared to 5.96 per cent and 6 per cent, respectively, in October this year. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 5 points each in November 2024, reaching levels of 1,320 and 1,331, respectively, a labour ministry statement said.

The CPI-AL and CPI-RL were 1,315 points and 1,326 points, respectively, in October 2024.

"The year-on-year inflation rates based on CPI-AL and CPI-RL for the month of November 2024 were recorded at 5.35 per cent and 5.47 per cent, respectively, compared to 7.37 per cent and 7.13 per cent in November 2023. The corresponding figures for October 2024 were 5.96 per cent for CPI-AL and 6.00 per cent for CPI-RL," it stated.
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