Data revealed that in November, the Consumer Price Index for Agricultural and Rural Labourers increased 5–5 points

CPI: The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) recorded a 5-point increase in November, reaching the level of 1320 and 1331 respectively. Let's know more about this.

Mon, 23 Dec 2024 07:12 PM (IST)
Data revealed that in November, the Consumer Price Index for Agricultural and Rural Labourers increased 5–5 points
Data revealed that in November, the Consumer Price Index for Agricultural and Rural Labourers increased 5–5 points

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) recorded a 5-point increase in November, reaching the level of 1320 and 1331 respectively. The year-on-year inflation rate based on CPI-AL and CPI-RL for the month of November was recorded at 5.35 percent and 5.47 percent respectively.

It was 7.37 percent and 7.13 percent in November 2023. The corresponding rates of CPI-AL and CPI-RL stood at 5.96 percent and 6.00 percent respectively during October 2024. All sub-indices—food; betel nut; fuel and light; clothing, bedding, and footwear; and miscellaneous increased in November 2023 for both agricultural and rural laborers.

Basically, the CPI-AL is used to revise minimum wages for agricultural workers in different states. Presently, the base of the CPI-AL is 1986-87. Like all other consumer price indices, the consumption pattern of agricultural laborers has also changed over a period of time.

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Muskan Kumawat Muskan Kumawat is a Journalist & Content Writer at Sangri Times English, covering a wide range of topics, including news, entertainment, and trending stories. With a strong passion for storytelling and in-depth reporting, she delivers engaging and informative content to readers.