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India's CPI-based inflation rate at 7.65%

India Blooms News Service




New Delhi, Feb 21 (IBNS) The annual consumer price inflation based on all India general Consumer Price Index (CPI) for Jan 2012 on point to point basis is 7.65%, according to government data released on Monday.




The corresponding inflation rates for rural and urban areas are 7.38% and 8.25%, it said.

Union Minister of State (Independent Charge) for Statistics and Programme Implementation announced the release of the monthly provisional Consumer Price Index (CPI) on Base 2010=100 along with annual inflation rates for January 2012, compiled by the Central Statistics Office.

All India provisional General (all groups) CPI numbers of January 2012 for rural, urban and combined are 115.0, 112.8 and 114.0 respectively.

Jena said that the annual inflation rates based on population segment specific CPI such as industrial workers, agricultural labourers and rural labourers are so far available.

He said there is a long pending demand of ministries and various users for a comprehensive consumer inflation rate.

To meet this demand, annual inflation rates based on this broad based CPI series for Jan 2012 are released on Tuesday.

Provisional annual inflation rate based on all India general CPI (Combined) for January 2012 on point to point basis (January 2012 over January 2011) is 7.65% while the corresponding inflation rates for rural and urban areas are 7.38% and 8.25%.

Provisional annual inflation rates of Jan 2012 for rural, urban and combined in respect of ‘food and beverages’ are 4.18, 3.98 and 4.11 respectively.





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