All-India consumer price inflation for agricultural labourers softens further to 2.84% in Apr-25
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) (Base: 1986-87=100) decreased by 2 points and 1 point for the month of May 2025, to stand at 1305 and 1319 points, respectively. The year-on-year inflation rates based on CPI-AL and CPI-RL for May 2025 were recorded at 2.84% and 2.97%, respectively, down sharply compared to 7.00% and 7.02% in May 2024. The corresponding figures for April 2025 stood at 3.48% for CPI-AL and 3.53% for CPI-RL.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
an hour ago
- Hans India
Inflation eases further in May for India's farm and rural workers
New Delhi: The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for May this year declined to 2.84 per cent and 2.97 per cent, respectively, compared to 7 per cent and 7.02 per cent in the same month of the previous year, bringing respite to poor households, figures released by the Ministry of Labour & Employment on Friday showed. The inflation rate has also come down on a month-to-month basis, as corresponding figures for April 2025 stood at 3.48 per cent for CPI-AL and 3.53 per cent for CPI-RL. The inflation rate for agricultural and rural labourers has been steadily declining over the last seven months. This comes as a welcome relief for these vulnerable segments that are hit hardest by spiralling prices. It also leaves more money in their hands to buy a wider range of goods, leading to a better lifestyle. The decline in inflation for farm and rural workers has also come in the backdrop of a fall in the country's overall inflation based on the Consumer Price Index (CPI) to 2.82 per cent in May this year compared to the same month of the previous year. This is the lowest level of retail inflation since February 2019, according to a statement issued by the Ministry of Statistics on Thursday. Food Inflation declined to 0.99 per cent during May, which is the lowest since October 2021. This is the seventh month in a row that food inflation has registered a decline as the agricultural output has been on the rise. The significant decline in inflation during the month is mainly attributed to the decline in inflation of pulses, vegetables, fruits, cereals, household goods & services, sugar, and eggs. Inflation also declined due to a moderation in fuel prices, with international prices of crude oil coming down during the month. The RBI has revised its inflation outlook for 2025-26 downwards from the earlier forecast of 4 per cent to 3.7 per cent, Reserve Bank Governor Sanjay Malhotra said during the monetary policy review meeting earlier this month. CPI inflation for the financial year 2025-26 is now projected at 3.7 per cent, with Q1 at 2.9 per cent, Q2 at 3.4 per cent, Q3 at 3.9 per cent, and Q4 at 4.4 per cent. The easing of inflation has enabled the RBI to go in for an interest rate cut and a reduction in the cash reserve ratio (CRR)for banks to spur growth in the economy.
Hindustan Times
an hour ago
- Hindustan Times
House price index rises 3.1 percent in Q4 FY25: RBI data
Jun 20, 2025 09:26 PM IST Mumbai, Jun 20 (PTI) All-India House Price Index (HPI) increased by 3.1 per cent annually in the January-March quarter of 2024-25 compared to 3.1 per cent growth in the previous quarter and 4.1 per cent a year ago, the Reserve Bank said on June 20. All-India House Price Index (HPI) increased by 3.1 per cent annually in the January-March quarter of 2024-25, RBI has said (Representational photo) The Reserve Bank has released its quarterly house price index (HPI) for Q4 2024-25, based on transaction-level data received from the registration authorities in ten major cities. The annual HPI growth varied widely across the cities - ranging from high growth of 8.8 per cent (Kolkata) to a contraction of 2.3 per cent (Kochi). On a sequential (q-o-q) basis, all-India HPI increased by 0.9 per cent in Q4 2024-25. Bengaluru, Jaipur, Kolkata and Chennai are the major cities recording a sequential rise in house prices during the latest quarter. The ten cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.
Time of India
an hour ago
- Time of India
House price index rises 3.1 pc in Q4 FY25: RBI data
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: All-India House Price Index (HPI) increased by 3.1 per cent annually in the January-March quarter of 2024-25 compared to 3.1 per cent growth in the previous quarter and 4.1 per cent a year ago, the Reserve Bank said on Reserve Bank has released its quarterly house price index (HPI) for Q4 2024-25, based on transaction-level data received from the registration authorities in ten major annual HPI growth varied widely across the cities - ranging from high growth of 8.8 per cent (Kolkata) to a contraction of 2.3 per cent (Kochi).On a sequential (q-o-q) basis, all-India HPI increased by 0.9 per cent in Q4 Jaipur, Kolkata and Chennai are the major cities recording a sequential rise in house prices during the latest ten cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.
