The Ministry of Statistics & Programme Implementation (MoSPI) on November 12, 2024, issued the Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of October 2024.
The following has been stated:
• The Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of October, 2024 is 6.21%. Corresponding inflation rates for rural and urban are 6.68%and5.62%, respectively.
• The Year-on-year inflation rate based on All India Consumer Food Price Index (CFPI) number is 10.87% (Provisional) for the month of October, 2024. Corresponding inflation rate for rural and urban are 10.69% and 11.09%, respectively.
• The Year-on-year Housing inflation rate for the month of October, 2024 is 2.81%. Corresponding inflation rate for the month of September, 2024 was 2.72%. The housing index is compiled for urban sector only.
• The All India Electricity index and inflation for the month of October, 2024 are 162.5 and 5.45% respectively. Corresponding index and inflation for the month of September, 2024 was 162.4 and 5.39% respectively.
• During the month of October, 2024 significant decline in inflation is observed in Pulses & products, Eggs, Sugar & confectionery and spices subgroup. High food inflation in October, 2024 is mainly due to increase in inflation of vegetables, fruits and oils and fats.
[Press Release ID: 2072719]
