Retail inflation for industrial workers lapse to 3.67 percent in June

Retail inflation for industrial workers decrease to 3.67 percent in June this year from 3.86 percent in the previous month, mainly due to lower prices of some food items.
“Year-on-year growth drop to 3.67 percent in June 2024 compared to 5.57 percent in June 2023,” a Labor Ministry statement said.
The All India Consumer Price Index CPI-IW for Industrial Workers for June 2024 stood at 141.4 points, up from 139.9 points in May 2024.
The food and beverages group under CPI-IW run out at 148.7 points in June 2024, while it run out at 145.2 points in May this year.
The Labor Bureau, an adjacent office of the Ministry of Labor and Employment, is compiling the Consumer Price Index for Industrial Workers every month based on retail prices collected from 317 markets spread thereon 88 industrially important centers in the country.