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CPI-IW climbs to 119.6 in March on rise in petroleum products, edible oils

Consumer Price Index for industrial workers (CPI-IW) in India increased to 119.6 points in March as opposed to 119 in February. The maximum upward pressure in current index came from fuel and light group, while increase in prices in cooking gas, petrol, poultry chicken, edible oils, apple, tea leaf, served and processed packaged food, etc. further fuelled the rise in inflation.

“The All-India CPI-IW for March, 2021 increased by 0.6 points and stood at 119.6. On 1-month percentage change, it increased by 0.50 per cent with respect to previous month whereas there was a decline of 0.61 per cent between corresponding months a year ago,” Ministry of Labour and Employment announced on Friday.

News Source: financialexpress

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