Retail inflation for industrial workers increased to 5.24 per cent in December 2018 as compared to 4 per cent in the year-ago period.
“The inflation measured by monthly CPI-IW (consumer price index-industrial workers) stood at 5.24 per cent for December 2018 as compared to 4.86 per cent for the previous month and 4 per cent during December 2017,” a labour ministry statement said.
According to the statement, the food inflation in December stood at (-) 0.96 per cent against (-) 1.57 per cent in November and 4.32 per cent in the year-ago month.
The All-India CPI-IW for December declined by 1 point and pegged at 301. On 1-month percentage change, it dropped by (-) 0.33 per cent between November-December 2018 when compared with the fall of (-) 0.69 per cent for the corresponding months of 2017.