The All-India CPI-IW for October, 2017 increased by 2 points and pegged at 287 (two hundred and eighty seven). On 1-month percentage change, it increased by (+) 0.70 per cent between September, 2017 and October, 2017 when compared with the increase of (+) 0.36 per cent for the corresponding months of last year.
The maximum upward pressure to the change in current index came from Food group contributing (+) 1.94 percentage points to the total change.
At item level, Rice, Milk (Buffalo), Onion, Bitter Gourd, Brinjal, Cabbage, Cauliflower, Carrot, Gourd, Coconut, French Beans, Green Coriander Leaves, Lady’s Finger, Parval, Potato, Tomato, Torai, Cigarette, Cooking Gas, Doctor’s Fee, Cinema Charges, Repair Charges, Tailoring Charges, etc. are responsible for the increase in index.
However, this increase was checked by Arhar Dal, Fish Fresh, Poultry (Chicken), Chillies Green, Peas, Apple, Banana, Orange, Petrol, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 3.24 percent for October, 2017 as compared to 2.89 per cent for the previous month and 3.35 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.26 per cent against 1.30 per cent of the previous month and 2.99 per cent during the corresponding month of the previous year.
At centre level, Darjeeling and Tiruchirapally reported the maximum increase of (10 points each) followed by Munger-Jamalpur (8 points) and Puducherry (7 points). Among others, 6 points increase was observed in 2 centres, 5 points in 8 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 19 centres and 1 point in 14 centres.
On the contrary, Mercara recorded a maximum decrease of 4 points followed by Goa and Bhavnagar (3 points each). Among others, 2 points decrease was observed in 1 centre and 1 point in another 6 centres. Rest of the 6 centres’ indices remained stationary.
The indices of 33 centres are above All-India Index and 43 centres’ indices are below national average. The indices of Madurai and Amritsar centres remained at par with All-India Index.