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HomeNewsBusinesscommoditiesRetail inflation for farm, rural eased marginally to 7.22%, 7.34% in October

Retail inflation for farm, rural eased marginally to 7.22%, 7.34% in October

The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of October 2022 increased by 10 points and 9 points to stand at 1159 points and 1170 points, respectively.

November 18, 2022 / 20:04 IST
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Retail inflation for farm and rural workers eased marginally to 7.22 percent and 7.34 percent, respectively, in October compared to September 2022, mainly due to lower prices of certain food items.

"Point-to-point rate of inflation based on the CPI-AL (consumer price index-agricultural labour) and CPI-RL (rural labour) stood at 7.22 percent and 7.34 percent in October 2022 compared to 7.69 percent and 7.90 percent respectively in September 2022 and 2.76 percent and 3.12 percent, respectively, during the corresponding month of the previous year," a labour ministry statement said.

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Food inflation stood at 7.05 percent and 7 percent in October 2022 compared to 7.47 percent and 7.52 percent respectively in September 2022 and 0.39 percent and 0.59 percent, respectively during the corresponding month of the previous year.

The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of October 2022 increased by 10 points and 9 points to stand at 1159 points and 1170 points, respectively.