Chandigarh, December 24: Retail inflation for farm workers and rural labourers dipped to 5.35% and 5.47% in November compared to 5.96% and 6 %, respectively, in October this year.
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 5 points each in November, reaching levels of 1,320 and 1,331, respectively, a Labour Ministry statement said. “The year-on-year inflation rates based on CPI-AL and CPI-RL for the month of November were recorded at 5.35% and 5.47%, respectively, compared to 7.37% and 7.13% in November 2023,” it stated.
Summary: Retail inflation for farmers and rural workers shows a decline, providing some relief amid ongoing economic challenges, improving their purchasing power and livelihood conditions.