Retail inflation drops to 5.96% for agricultural workers, 6.08% for rural workers

Retail inflation for agricultural workers and rural labourers declined to 5.96 percent and 6.08 percent, respectively, in August, from 6.17 percent and 6.20 percent in July this year.
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) recorded a rise of 7 points each in August 2024, reaching the levels of 1297 and 1309, respectively.
The CPI-AL and CPI-RL in July were 1290 points and 1302 points, respectively.
A labour ministry statement said that, “The year-on-year inflation rates based on CPI-AL and CPIRL for this month (August 2024) were recorded at 5.96 percent and 6.08 percent as against 7.37 percent and 7.12 percent in August, 2023. The corresponding figures for July, 2024 were 6.17 percent for CPI-AL and 6.20 percent for CPI-RL.”