MoL&E notified regarding the Consumer Price

Jul 10, 2024 | by TeamLease RegTech Legal Research Team

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Labour Compliance The Ministry of Labour & Employment (MoL&E) on July 10, 2024, notified regarding the Consumer Price Index for Industrial Workers (2016=100) – May 2024.

The following has been stated namely: -

• The All-India Consumer Price Index for Industrial Workers (CPI-IW) for May 2024 has increased by 0.5 points and stood at 139.9 (one hundred thirty-nine point nine).

• It states that year-on-year inflation for the month of May 2024 moderated to 3.86% as compared to 4.42% in May 2023.

[Press Release ID: 2032059]

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