INSUBCONTINENT EXCLUSIVE:
Retail inflation for farm and rural labourers fell in September 2021Retail inflation for farm and rural labourers saw a slide in September
2021 as it stood at 2.89 percent and 3.16 per cent respectively, driven by lower prices of food items.Based on customer cost index (CPI) for
farming labourers and rural labourers, the point-to-point rate of inflation stood at 2.89 per cent and 3.16 percent in September 2021
compared to 3.90 percent and 3.97 percent respectively in August 2021
Retail inflation for September 2021 has actually come down steeply compared to CPI for farming labourers and rural labourers in September
2020, when it had stood at 6.25 percent and 6.10 percent respectively.Labour Ministry in a declaration stated that the food inflation based
upon CPI-agricultural labourers and CPI-rural labourers stood at 0.50 percent and 0.70 percent in September 2021, compared to 2.13 percent
and 2.32 per cent respectively in August 2021, thus showing a consistent decrease on a month to month basis.The rates had stood at 7.65 per
cent and 7.61 percent, respectively, during September 2020, the statement said.The All-India Customer Cost Index Numbers for Agricultural
Labourers (CPI-AL) and Rural Labourers (CPI-RL) for September 2021 increased by 1 point and 2 points to stand at 1,067 and 1,076 points,
respectively.CPI-AL and CPI-RL were 1,066 points and 1,074 points, respectively, in August 2021.
