CPI inflation shoots up to 8.5%, follows national trend

HYDERABAD: Telangana, like many states in the country, saw a higher

inflation

of Consumer Price Index (CPI) between 2020-21 (Jun-Dec) compared to corresponding period previous year. A CPI inflation of 3.5% shot up to 8.5%. According to the 2021 Economic Survey report, most states have witnessed higher urban inflation than

rural inflation

in the current year, with variations mainly due to high food inflation in urban areas.

Consumer Price Index-Combined (CPI-C) inflation increased in most of states in the current year. It ranged between 3.2% to 11% across states in 2020-21 (Jun-Dec) compared to (-)0.3% to 7.6% in the same period last year. Experts say the increase in the CPI inflation could mean an increase in prices for consumers. “It is not alarming, but can be controlled with good measures,” finance and banking expert K Narsihma Murty said.

Consumer Price Index Numbers for Industrial Workers (CPI-IW) is a price index released by the

Labour Bureau

to measure the impact of price rise on the cost of living for working class families spread across certain select industries.

The price of a vegetarian thali in rural Telangana has increased to nearly Rs 30 in 2020-21, from from around Rs 26 in 2019-20. The price of the non-vegetarian thali in rural Telangana increased to Rs 40 from around Rs 36 in the corresponding periods. In urban areas, meanwhile, the price a vegetarian thali increased to Rs 30 from around Rs 26, while the price of non-vegetarian thali increased to Rs 40 from about Rs 35 .