Retail inflation for industrial workers eases to 3.67% in June: Govt

Quick Summary:

Retail inflation for industrial workers slipped to 3.67 per cent in June from 3.86 per cent in the previous month this year mainly due to lower prices of certain food items.

"Year-on-year inflation for the month of June 2024 moderated to 3.67 per cent as compared to 5.57 per cent in June 2023," a Labour Ministry statement said.

The All-India Consumer Price Index for Industrial Workers CPI-IW for June 2024 was at 141.4 points against 139.9 points in May 2024.

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Category: BusinessFinance

Markets: India

Topics: CPI Industrial workers Retail inflation Industrial workers retail inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 17:14:35 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 270 words

Reading Time: 2 minutes read

Sentences: 10 lines

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Copyright Owner: © Business Standard

News ID: 21956309

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