Retail inflation for industrial workers rose marginally to 5.5 per cent in December 2022 from 5.41 per cent in November due to higher prices of certain food items.
“Year-on-year inflation for the month stood at 5.50 per cent compared to 5.41 per cent for the previous month (November 2022) and 5.56 per cent during the corresponding month (December 2021) a year before,” a labour bureau statement said.
Similarly, it stated that the food inflation stood at 4.10 per cent against 4.30 per cent in the previous month and 5.93 per cent during the corresponding month a year ago.
The All-India CPI-IW (consumer price index for industrial workers) for December 2022 decreased by 0.2 points and stood at 132.3 points. It was 132.5 points in November 2022.
On one-month percentage change, it decreased by 0.15 per cent with respect to the previous month compared to a decrease of 0.24 per cent recorded between corresponding months a year ago.
The maximum downward pressure in the current index came from Food and Beverages group, contributing 0.52 percentage points to the total change.