Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of February 2022

Mar 14, 2022 | Business


   The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of February 2022 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released.


2.             The Price data are collected from selected 1114 urban Markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of February 2022, NSO collected prices from 99.6% villages and 98.2% urban Markets while the Market-wise prices reported therein were 89.6% for rural and 92.9% for urban.


3.             All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e. February 2022 over February 2021), based on General Indices and CFPIs are given as follows:


All India Inflation rates (%) based on CPI (General) and CFPI








Indices

Feb. 2022 (Prov.)

Jan. 2022 (Final)

Feb. 2021

Rural

Urban

Combd.

Rural

Urban

Combd.

Rural

Urban

Combd.

CPI (General)

6.38

5.75

6.07

6.12

5.91

6.01

4.19

5.96

5.03

CFPI

5.87

5.76

5.85

5.18

5.88

5.43

2.89

5.63

3.87


 Notes: Prov.  – Provisional, Combd. – Combined


4.          Monthly changes in the General Indices and CFPIs are given below:


Monthly changes (%) in All India CPI (General) and CFPI: February, 2022 over January,2022









Indices

Rural

Urban

Combined

Index Value

% Change

Index Value

% Change

Index Value

% Change

Feb.22

Jan.22

Feb.22

Jan.22

Feb.22

Jan.22

CPI (General)

166.7

166.4

0.18

165.5

165.0

0.30

166.1

165.7

0.24

CFPI

162.3

162.5

-0.12

168.8

169.2

-0.24

164.6

164.9

-0.18


 Note: Figures of February 2022 are provisional.




5.          Price data for CPI are received through web portals, maintained by the National Informatics Centre.


Next date of release: 12th April 2022 (Tuesday) for March 2022.




List of Annex









Annex

Title

I

All-India General (all-groups), Group and Sub-group level CPI and CFPI numbers for January 2022 (Final) and February 2022 (Provisional) for Rural, Urban and Combined

II

All-India inflation rates for General (all-groups), Group and Sub-group level CPI and CFPI numbers for February 2022 (Provisional) for Rural, Urban and Combined

III

General CPI for States for Rural, Urban and Combined for January 2022 (Final) and February 2022 (Provisional)

IV

Inflation rates of major States, having population more than 50 lakhs as per Population Census 2011, for Rural, Urban and Combined for February 2022 (Provisional)






Annex I


All India Consumer Price Indices


(Base: 2012=100)



































Group Code

Sub-group Code

Description

Rural

Urban

Combined

Weights

Jan. 22 Index


(Final)

Feb. 22 Index


(Prov.)

Weights

Jan. 22 Index


(Final)

Feb. 22 Index


(Prov.)

Weights

Jan. 22 Index


(Final)

Feb. 22 Index


(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

1.1.01

Cereals and products

12.35

148.3

148.8

6.59

152.2

152.5

9.67

149.5

150.0

1.1.02

Meat and fish

4.38

196.9

198.1

2.73

202.1

205.1

3.61

198.7

200.6

1.1.03

Egg

0.49

178.0

175.5

0.36

180.1

176.4

0.43

178.8

175.8

1.1.04

Milk and products

7.72

160.5

160.7

5.33

160.4

160.5

6.61

160.5

160.6

1.1.05

Oils and fats

4.21

192.6

192.6

2.81

171.0

171.5

3.56

184.7

184.9

1.1.06

Fruits

2.88

151.2

151.4

2.90

156.5

156.4

2.89

153.7

153.7

1.1.07

Vegetables

7.46

159.2

155.3

4.41

203.6

198.0

6.04

174.3

169.8

1.1.08

Pulses and products

2.95

164.0

163.9

1.73

163.8

163.2

2.38

163.9

163.7

1.1.09

Sugar and Confectionery

1.70

119.3

118.1

0.97

121.3

120.6

1.36

120.0

118.9

1.1.10

Spices

3.11

173.3

175.3

1.79

169.8

172.1

2.50

172.1

174.2

1.2.11

Non-alcoholic beverages

1.37

169.8

170.5

1.13

156.6

156.7

1.26

164.3

164.7

1.1.12

Prepared meals, snacks, sweets etc.

5.56

175.8

176.3

5.54

179.0

180.0

5.55

177.3

178.0

1

Food and beverages

54.18

164.1

163.9

36.29

170.3

170.1

45.86

166.4

166.2

2

Pan, tobacco and intoxicants

3.26

190.7

191.5

1.36

196.4

196.5

2.38

192.2

192.8

3.1.01

Clothing

6.32

173.2

174.2

4.72

164.7

165.7

5.58

169.9

170.9

3.1.02

Footwear

1.04

169.3

171.0

0.85

148.5

150.4

0.95

160.7

162.4

3

Clothing and footwear

7.36

172.7

173.7

5.57

162.2

163.4

6.53

168.5

169.6

4

Housing

–

–

–

21.67

164.5

165.5

10.07

164.5

165.5

5

Fuel and light

7.94

165.8

167.3

5.58

161.6

163.0

6.84

164.2

165.7

6.1.01

Household goods and services

3.75

164.9

165.7

3.87

156.8

157.4

3.80

161.1

161.8

6.1.02

Health

6.83

174.7

175.3

4.81

166.1

167.2

5.89

171.4

172.2

6.1.03

Transport and communication

7.60

160.8

161.1

9.73

152.7

153.1

8.59

156.5

156.9

6.1.04

Recreation and amusement

1.37

164.9

165.5

2.04

158.4

159.4

1.68

161.2

162.1

6.1.05

Education

3.46

169.9

170.3

5.62

161.0

162.0

4.46

164.7

165.4

6.1.06

Personal care and effects

4.25

163.2

164.5

3.47

162.8

164.1

3.89

163.0

164.3

6

Miscellaneous

27.26

166.6

167.2

29.53

158.6

159.4

28.32

162.7

163.4

General Index (All Groups)

100.00

166.4

166.7

100.00

165.0

165.5

100.00

165.7

166.1

Consumer Food Price Index (CFPI)

47.25

162.5

162.3

29.62

169.2

168.8

39.06

164.9

164.6


Notes:


  1. Prov. : Provisional.

  2. CFPI : Out of 12 sub-groups contained in ‘Food and Beverages’ group, CFPI is based on ten sub-groups, excluding ‘Non-alcoholic beverages’ and ‘Prepared meals, snacks, sweets etc.’.

  3. –        : CPI (Rural) for housing is not compiled.




Annex II


All India year-on-year inflation rates (%) for February 2022 (Provisional)


(Base: 2012=100)



































Group Code

Sub-group Code

Description

Rural

Urban

Combined

Feb. 21 Index


(Final)

Feb. 22


Index


(Prov.)

Inflation Rate


(%)

Feb. 21 Index


(Final)

Feb. 22


Index


(Prov.)

Inflation Rate


(%)

Feb. 21 Index


(Final)

Feb. 22


Index


(Prov.)

Inflation Rate


(%)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)
 

1.1.01

Cereals and products

142.8

148.8

4.20

147.6

152.5

3.32

144.3

150.0

3.95
 

1.1.02

Meat and fish

184.2

198.1

7.55

191.3

205.1

7.21

186.7

200.6

7.45
 

1.1.03

Egg

168.0

175.5

4.46

170.1

176.4

3.70

168.8

175.8

4.15
 

1.1.04

Milk and products

154.5

160.7

4.01

155.1

160.5

3.48

154.7

160.6

3.81
 

1.1.05

Oils and fats

163.1

192.6

18.09

151.5

171.5

13.20

158.8

184.9

16.44
 

1.1.06

Fruits

147.2

151.4

2.85

153.9

156.4

1.62

150.3

153.7

2.26
 

1.1.07

Vegetables

149.7

155.3

3.74

180.0

198.0

10.00

160.0

169.8

6.13
 

1.1.08

Pulses and products

158.4

163.9

3.47

159.8

163.2

2.13

158.9

163.7

3.02
 

1.1.09

Sugar and Confectionery

111.8

118.1

5.64

114.8

120.6

5.05

112.8

118.9

5.41
 

1.1.10

Spices

165.0

175.3

6.24

162.6

172.1

5.84

164.2

174.2

6.09
 

1.2.11

Non-alcoholic beverages

160.1

170.5

6.50

149.3

156.7

4.96

155.6

164.7

5.85
 

1.1.12

Prepared meals, snacks, sweets etc.

165.8

176.3

6.33

169.4

180.0

6.26

167.5

178.0

6.27

1

  

Food and beverages

154.7

163.9

5.95

160.8

170.1

5.78

156.9

166.2

5.93

2

  

Pan, tobacco and intoxicants

186.5

191.5

2.68

193.3

196.5

1.66

188.3

192.8

2.39
 

3.1.01

Clothing

159.2

174.2

9.42

154.3

165.7

7.39

157.3

170.9

8.65
 

3.1.02

Footwear

154.0

171.0

11.04

138.3

150.4

8.75

147.5

162.4

10.10

3

  

Clothing and footwear

158.4

173.7

9.66

151.8

163.4

7.64

155.8

169.6

8.86

4

  

Housing

–

–

–

159.8

165.5

3.57

159.8

165.5

3.57

5

  

Fuel and light

154.4

167.3

8.35

149.2

163.0

9.25

152.4

165.7

8.73
 

6.1.01

Household goods and services

154.8

165.7

7.04

146.5

157.4

7.44

150.9

161.8

7.22
 

6.1.02

Health

164.3

175.3

6.70

156.2

167.2

7.04

161.2

172.2

6.82
 

6.1.03

Transport and communication

150.2

161.1

7.26

140.5

153.1

8.97

145.1

156.9

8.13
 

6.1.04

Recreation and amusement

157.2

165.5

5.28

147.3

159.4

8.21

151.6

162.1

6.93
 

6.1.05

Education

163.7

170.3

4.03

156.7

162.0

3.38

159.6

165.4

3.63
 

6.1.06

Personal care and effects

155.2

164.5

5.99

156.8

164.1

4.66

155.9

164.3

5.39

6

  

Miscellaneous

157.2

167.2

6.36

149.3

159.4

6.76

153.4

163.4

6.52

General Index (All Groups)

156.7

166.7

6.38

156.5

165.5

5.75

156.6

166.1

6.07

Consumer Food Price Index

153.3

162.3

5.87

159.6

168.8

5.76

155.5

164.6

5.85


Notes:


  1. Prov.       : Provisional.

  2. –               : CPI (Rural) for housing is not compiled.




Annex III


State/UT wise General Consumer Price Indices


(Base: 2012=100)












































Sl. No.

Name of the State/UT

Rural

Urban

Combined

Weights

Jan. 22 Index


(Final)

Feb. 22 Index


(Prov.)

Weights

Jan. 22 Index


(Final)

Feb. 22 Index


(Prov.)

Weights

Jan. 22 Index


(Final)

Feb. 22 Index


(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

1

Andhra Pradesh

5.40

167.3

167.3

3.64

170.3

170.9

4.58

168.4

168.6

2

Arunachal Pradesh

0.14

174.1

174.0

0.06

—

—

0.10

174.1

174.0

3

Assam

2.63

169.4

168.6

0.79

167.0

167.1

1.77

168.9

168.3

4

Bihar

8.21

162.1

162.0

1.62

167.6

168.0

5.14

162.9

162.9

5

Chhattisgarh

1.68

164.3

164.8

1.22

162.7

162.5

1.46

163.7

163.9

6

Delhi

0.28

159.6

159.8

5.64

159.1

159.4

2.77

159.1

159.4

7

Goa

0.14

167.3

169.3

0.25

162.0

162.2

0.19

164.1

164.9

8

Gujarat

4.54

162.1

162.6

6.82

155.7

155.8

5.60

158.5

158.8

9

Haryana

3.30

161.8

162.2

3.35

158.3

158.8

3.32

160.2

160.6

10

Himachal Pradesh

1.03

159.8

160.4

0.26

163.7

164.7

0.67

160.5

161.2

11

Jharkhand

1.96

163.3

163.8

1.39

167.0

167.6

1.69

164.7

165.3

12

Karnataka

5.09

168.2

167.5

6.81

174.0

173.7

5.89

171.3

170.8

13

Kerala

5.50

172.9

172.6

3.46

171.0

171.6

4.55

172.2

172.2

14

Madhya Pradesh

4.93

163.7

164.7

3.97

166.7

168.0

4.48

164.9

166.1

15

Maharashtra

8.25

167.6

167.7

18.86

160.7

161.6

13.18

163.0

163.6

16

Manipur

0.23

183.9

183.2

0.12

171.6

169.1

0.18

180.0

178.7

17

Meghalaya

0.28

158.8

158.4

0.15

162.7

161.8

0.22

160.0

159.5

18

Mizoram

0.07

170.3

173.1

0.13

164.0

164.2

0.10

166.5

167.7

19

Nagaland

0.14

177.6

179.0

0.12

163.6

163.7

0.13

171.6

172.5

20

Odisha

2.93

167.2

167.4

1.31

162.0

162.8

2.18

165.7

166.1

21

Punjab

3.31

161.4

162.5

3.09

153.1

153.6

3.21

157.7

158.5

22

Rajasthan

6.63

162.4

163.7

4.23

162.3

163.4

5.51

162.4

163.6

23

Sikkim

0.06

182.4

183.2

0.03

169.3

171.7

0.05

178.1

179.4

24

Tamil Nadu

5.55

172.8

172.2

9.20

172.9

171.9

7.25

172.9

172.0

25

Telangana

3.16

174.0

174.1

4.41

169.3

169.8

3.74

171.4

171.7

26

Tripura

0.35

182.1

180.6

0.14

170.8

170.7

0.25

179.2

178.0

27

Uttar Pradesh

14.83

163.1

163.9

9.54

165.0

165.2

12.37

163.8

164.4

28

Uttarakhand

1.06

163.0

163.7

0.73

163.9

164.0

0.91

163.3

163.8

29

West Bengal

6.99

172.4

173.0

7.20

171.1

173.5

7.09

171.8

173.2

30

Andaman & Nicobar Islands

0.05

184.9

182.3

0.07

168.1

166.0

0.06

176.4

174.0

31

Chandigarh

0.02

167.0

167.5

0.34

156.2

157.0

0.17

156.8

157.6

32

Dadra & Nagar Haveli

0.02

154.1

154.0

0.04

160.1

160.9

0.03

158.1

158.6

33

Daman & Diu

0.02

171.4

169.8

0.02

164.4

164.2

0.02

168.5

167.5

34

Jammu & Kashmir*

1.14

176.6

177.4

0.72

174.4

176.3

0.94

175.8

177.0

35

Lakshadweep

0.01

176.6

176.9

0.01

157.7

154.8

0.01

166.9

165.6

36

Puducherry

0.08

173.0

172.4

0.27

170.7

172.1

0.17

171.3

172.2

All India

100.00

166.4

166.7

100.00

165.0

165.5

100.00

165.7

166.1


Notes:


  1. Prov.             :  Provisional

  2. —   :  indicates the receipt of price schedules is less than 80% of allocated schedules and therefore indices are not compiled.

  3. *    : Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu & Kashmir


and Ladakh (erstwhile State of Jammu & Kashmir).


Annex IV




Major State/UT wise year-on-year inflation rates (%) for February 2022 (Provisional)


(Base: 2012=100)






























Sl. No.

Name of the State/UT

Rural

Urban

Combined

Feb. 21 Index


(Final)

Feb. 22


Index


(Prov.)

Inflation Rate


(%)

Feb. 21 Index


(Final)

Feb. 22


Index


(Prov.)

Inflation Rate


(%)

Feb. 21 Index


(Final)

Feb. 22


Index


(Prov.)

Inflation Rate


(%)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

1

Andhra Pradesh

160.3

167.3

4.37

161.4

170.9

5.89

160.7

168.6

4.92

2

Assam

157.4

168.6

7.12

159.7

167.1

4.63

157.9

168.3

6.59

3

Bihar

153.1

162.0

5.81

158.7

168.0

5.86

153.9

162.9

5.85

4

Chhattisgarh

154.6

164.8

6.60

153.8

162.5

5.66

154.3

163.9

6.22

5

Delhi

152.8

159.8

4.58

150.7

159.4

5.77

150.8

159.4

5.70

6

Gujarat

151.9

162.6

7.04

147.2

155.8

5.84

149.2

158.8

6.43

7

Haryana

150.4

162.2

7.85

149.7

158.8

6.08

150.1

160.6

7.00

8

Himachal Pradesh

150.6

160.4

6.51

155.2

164.7

6.12

151.4

161.2

6.47

9

Jharkhand

152.8

163.8

7.20

157.2

167.6

6.62

154.5

165.3

6.99

10

Karnataka

160.1

167.5

4.62

164.1

173.7

5.85

162.3

170.8

5.24

11

Kerala

166.8

172.6

3.48

163.6

171.6

4.89

165.7

172.2

3.92

12

Madhya Pradesh

153.2

164.7

7.51

158.6

168.0

5.93

155.4

166.1

6.89

13

Maharashtra

156.9

167.7

6.88

151.3

161.6

6.81

153.2

163.6

6.79

14

Odisha

158.5

167.4

5.62

155.1

162.8

4.96

157.5

166.1

5.46

15

Punjab

155.2

162.5

4.70

149.2

153.6

2.95

152.5

158.5

3.93

16

Rajasthan

153.9

163.7

6.37

154.1

163.4

6.04

154.0

163.6

6.23

17

Tamil Nadu

164.9

172.2

4.43

165.1

171.9

4.12

165.0

172.0

4.24

18

Telangana

162.0

174.1

7.47

159.9

169.8

6.19

160.8

171.7

6.78

19

Uttar Pradesh

151.8

163.9

7.97

156.9

165.2

5.29

153.6

164.4

7.03

20

Uttarakhand

153.9

163.7

6.37

154.0

164.0

6.49

153.9

163.8

6.43

21

West Bengal

159.3

173.0

8.60

161.8

173.5

7.23

160.5

173.2

7.91

22

Jammu & Kashmir*

165.5

177.4

7.19

165.1

176.3

6.78

165.4

177.0

7.01

All India

156.7

166.7

6.38

156.5

165.5

5.75

156.6

166.1

6.07


Notes: 


  1. Prov.     :  Provisional.

  2. *               : Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu &  Kashmir and Ladakh (erstwhile State of Jammu & Kashmir).




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Amid high Cotton prices in the country, KVIC’s Products Price Adjustment Reserve Fund Saves Khadi Institutions from Steep Price Rise

Mar 14, 2022 | Business


A far-sighted policy decision taken by Khadi and Village Industries Commission (KVIC) in 2018, to create a special reserve fund to deal with market fluctuations and other eventualities, has come as a savior for all Khadi institutions across the country, just when the entire textile industry is grappling with a steep price hike of the raw cotton.


In 2018, KVIC had decided to create a Products Price Adjustment Account (PPA), a Reserve Fund for its 5 Central Sliver Plants (CSPs), to meet market-driven eventualities. These CSPs are purchasing cotton and converting it into sliver and roving for the supply of Khadi Institutions, which converts it into yarn and fabric. The PPA fund was created by transferring just 50 paise to it from each kilogram of the total sliver/roving soldby these CSPs.


Three years down the line, when the entire textile sector is facing the brunt of short-supply and a steep hike in the price of raw cotton, KVIC has decided not to increase the cost of sliver/roving being supplied to the Khadi institutions by its sliver plants across the country despite the cotton prices surging by over 110 percent. Instead, KVIC will bear the excess cost of Rs 4.06 crore on procurement of raw cotton bales at the increased rates from the PPA Fund.


It is pertinent to mention here that the price of raw cotton has increased from Rs 36,000 per candy to Rs 78,000 per candy (each candy weighs 365 KG) in the last 16 months. This has put a direct impact on production of cotton apparels by major textile companiesacross the country,that have also reduced the production by 30 to 35 percent in the recent months.


This decision of KVIC, which has been taken for the first time to create such reserve fund, comes as a big relief for over 2700 registered Khadi institutions and over 8000 Khadi India Outlets that are already grappling with production&marketing challenges due to restrictions imposed during Covid-19 pandemic.


KVIC largely purchases cotton bales from Cotton Corporation of India (CCI) for its 5 CSPs located at Kuttur, Chitradurga, Sehore, Raebareli and Hajipur, that convert various varieties of cotton into sliver and roving. The Cotton varieties purchased by KVIC are BB mod, Y-1/S-4, H-4/J-34, LRA/MECH, MCU_5 and DCH_32. The Price difference reported in these days is from Rs 13000 per candy to Rs 40000 per candy of these varieties. KVIC will require 6370 cotton bales of different varieties by 31st of March 2022 which, as per the current rate, will cost Rs 13.25 crores as against Rs 9.20 crores as per the old rates.The price difference of Rs 4.05 crores will be met from the PPA reserve created by KVIC in these days.


The reserve fund has ensured that the Khadi institutions in the country remain unaffected by the price rise and the prices of Khadi cotton apparels also do not go up.


KVIC Chairman Shri Vinai Kumar Saxena said that this decision would save both the Khadi institutions as well as the Khadi buyers from any adverse impact of price rise. “Short supply of raw cotton from CCI and the consequent rise in price of cotton has hit the entire textile industry including Khadi. But KVIC has decided to continue the supply of roving/sliver to Khadi institutions at the old rates so as mitigate any financial burden on the institutions. At the same time, it will also benefit crores of Khadi buyers as there will be no increase in the price of Khadi fabric and garments. It is KVIC’s commitment to every Khadi buyer to provide Khadi at affordable prices in tune with Hon’ble Prime Minister’s vision of “Khadi for Nation”, Saxena said.


Khadi has nearly 9 percent share in the Indian textile industry and produces nearly 150 million Sq Mtr fabric per year. With this decision, Khadi has emerged as the only entity that is unaffected by the steep price rise of cotton. Khadi buyers and Khadi institutions, thus, have a reason to rejoice.


Khadi Institutions have unanimously welcomed the move and thanked KVIC for the big support saying this would safeguard the institutions against any market adversities. “Cotton prices have gone up by over Rs 70 per KG. This step of KVIC will help Khadi Institutions survive during these difficult times. Any hike in the price of sliver and roving would have put a huge financial burden on Khadi institutions that are yet to recover from the impact of Covid19,” said Shri Sarthank Singla, Secretary of Khadi Udyog Jathlana, Ambala.


Shri Sanjay Shah of Bharat Khadi Gramodyog Sangh, Ahmedabad, said that hike in cotton prices would have a direct bearing on the production of Khadi and wages of the artisans. “If the cost of raw material goes up, the production will naturally come down and so will the wages being given to the artisans. I am thankful to KVIC that has saved the institutions and artisans from the crisis,” he said.


Cotton Price Comparison











Sr No

Cotton Variety

Old Price per Candy (in Rs)

Current Price per Candy (in Rs)

Price Difference per KG (in Rs)

1

BB Mod

50,000

76,000

73

2

Y-1 / S-4

45,000

58,000

37

3

H-4 / J-34

48,000

74,000

74

4

LRA/Mech

46,500

70,000

66

5

MCU_5

64,000

95,000

88

6

DCH_32

75,000

1,15,000

113




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Consumer Price Index for Industrial Workers (2016=100) – January, 2022

Mar 1, 2022 | Business


            The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of January, 2022 is being released in this press release.


            The All-India CPI-IW for January, 2022 decreased by 0.3 points and stood at 125.1 (one hundred twenty five and point one). On 1-month percentage change, it decreased by 0.24 per cent with respect to previous month compared to decrease of 0.51 per cent recorded between corresponding months a year ago.


            The maximum downward pressure in current index came from Food & Beverages group contributing 0.82 percentage points to the total change. At item level, Fish fresh, Mustard Oil, Apple, Carrot, French-been, Garlic, Brinjal, Cauliflower, Lady’s finger, Onion, Peas, Potato, Radish, Tomato, etc. are responsible for the fall in index. However, this decrease was checked by House rent, Rice, Wheat, Buffalo-Milk, Goat meat/Mutton, Orange, Beetroot, Chilli dry, Cooked Meals,  etc. putting upward pressure on the index.


            At centre level, Puducherry recorded a maximum decrease of 7.3 points. Among others, 5 centres recorded decrease between 2 to 2.9 points, 13 centres between 1 to 1.9 points and 33 centres between 0.1 to 0.9 points. On the contrary, Ludhiana recorded a maximum increase of 2.3 points. Among others, 6 centres recorded increase between 1 to 1.9 points and 26 centres between 0.1 to 0.9 points. Rest of 3 centres’ indices remained stationary.


Year-on-year inflation for the month stood at 5.84 per cent compared to 5.56 per cent for the previous month and 3.15 per cent during the corresponding month a year before. Similarly, Food inflation stood at 6.22 per cent against 5.93 per cent of the previous month and 2.38 per cent during the corresponding month a year ago.




Y-o-Y Inflation based on CPI-IW (Food and General)



All-India Group-wise CPI-IW for December, 2021 and January, 2022












Sr. No.

Groups

December, 2021

January, 2022

I

Food & Beverages

126.8

124.7

II

Pan, Supari, Tobacco & Intoxicants

140.8

141.5

III

Clothing & Footwear

122.0

122.4

IV

Housing

116.8

118.9

V

Fuel & Light

157.7

158.0

VI

Miscellaneous

122.5

122.7

General Index

125.4

125.1




CPI-IW: Groups Indices



The next issue of CPI-IW for the month of February, 2022 will be released on Thursday, 31st March, 2022. The same will also be available on the office website www.labourbureaunew.gov.in.




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Optimus Price raises €1 million to consolidate their lead in the retail pricing market

Feb 18, 2022 | Books, Business

BARCELONA, Spain – Feb. 16, 2022 – PRLog — Optimus Price, the Spanish leading solution for pricing automation with AI, has just announced the closure of a €1 million funding round. The investment will be used to scale its operations across Europe, integrate its platform with new channels, and improve its technology with pricing models for more sectors and product categories.

Optimus Price is a software-as-a-service (SaaS) that uses Artificial Intelligence to improve retail profits, both physical and e-commerce. Thanks to the use of AI, Optimus Price makes sure that every product in the store always has the optimal price according to demand and market conditions.

The demand for pricing software has increased 75% since the beginning of the COVID-19 pandemic. Half of all retailers still use outdated processes and tools to set prices manually. This leads to inefficiencies, and the inability of those businesses to compete effectively, creating opportunities for those that can move first and adapt quickly and proactively to consumer needs.

The company, a retail-tech SaaS, has increased its monthly recurring revenue (MRR) by 1800% in this period, and has managed to acquire clients such as Nestlé, partners such as Seidor, and presence on eBay. Optimus Price is also backed by Telefónica and Wayra, its open innovation hub.

This round has been driven by Zone2Boost, the international innovation program promoted by CaixaBank, Visa, Global Payments and Worldline; Wayra; a mix of international business angels, including two of the most relevant in Spain, Albert Armengol and Andreas Mihalovits, and the influx of almost 500 micro-investors through a campaign on UK-based crowdfunding platform Crowdcube.

Prior to the round, Optimus Price merged with the start-up Athena in late 2020. Athena, a specialist in price and competitor monitoring, improved Optimus Price’s portfolio, combining both technologies in a single solution.

“We are very grateful to our investors for seeing the potential in our vision and platform, and excited to see how our positive traction is matching their interest”, says Carlos Fenollosa, CEO of Optimus Price.

Xavier Tous, General Manager at Optimus Price says, “this influx of capital will certainly help us continue in our existing growth path, by accelerating the development of our operational capabilities, letting us scale in new geographies, and allowing for the development of new artificial intelligence models which will overall strengthen our platform”.

About Optimus Price

Optimus Price is the Spanish leading solution for price optimization with AI. Its unique technology allows retailers and brands to increase their profits without effort through algorithms which dynamically calculate the optimal price depending on competitors, seasonality, demand, stock, and more.

Its pricing platform helps some of the biggest brands in the world as well as small e-commerces.

This European company has its headquarters in Barcelona. Founded by researchers of the Barcelona Supercomputing Center and serial entrepreneurs, Optimus Price has been backed by well-recognised investors such as Seedrocket, Wayra, ESADE and IESE, and has received recognition by universities, public institutions, start-up accelerators, multinationals, and the press.

For more information, please visit https://optimusprice.ai

Consumer price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of January 2022

Feb 15, 2022 | Business


The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of January 2022 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released.


2.   The Price data are collected from selected 1114 urban Markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of January 2022, NSO collected prices from 99.7% villages and 98.2% urban Markets while the Market-wise prices reported therein were 89.3% for rural and 93.3% for urban.


3.   All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e. January 2022 over January 2021), based on General Indices and CFPIs are given as follows:


All India Inflation rates (%) based on CPI (General) and CFPI








Indices

Jan. 2022 (Prov.)

Dec. 2021 (Final)

Jan. 2021

Rural

Urban

Combd.

Rural

Urban

Combd.

Rural

Urban

Combd.

CPI (General)

6.12

5.91

6.01

5.36

5.90

5.66

3.23

5.13

4.06

CFPI

5.18

5.88

5.43

3.39

5.08

4.05

1.11

3.36

1.96


 Notes: Prov.  – Provisional, Combd. – Combined


4.   Monthly changes in the General Indices and CFPIs are given below:


Monthly changes (%) in All India CPI (General) and CFPI: January,2022 over December,2021









Indices

Rural

Urban

Combined

Index Value

% Change

Index Value

% Change

Index Value

% Change

Jan.22

Dec.21

Jan.22

Dec.21

Jan.22

Dec.21

CPI (General)

166.4

167.0

-0.36

165.0

165.2

-0.12

165.7

166.2

-0.30

CFPI

162.5

164.5

-1.22

169.2

171.7

-1.46

164.9

167.1

-1.32


 Note: Figures of January 2022 are provisional.


5.    Price data for CPI are received through web portals, maintained by the National Informatics Centre.


Next date of release: 14th March 2022 (Monday) for February 2022.


List of Annex









Annex

Title

I

All-India General (all-groups), Group and Sub-group level CPI and CFPI numbers for December 2021 (Final) and January 2022 (Provisional) for Rural, Urban and Combined

II

All-India inflation rates for General (all-groups), Group and Sub-group level CPI and CFPI numbers for January 2022 (Provisional) for Rural, Urban and Combined

III

General CPI for States for Rural, Urban and Combined for December 2021 (Final) and January 2022 (Provisional)

IV

Inflation rates of major States, having population more than 50 lakhs as per Population Census 2011, for Rural, Urban and Combined for January 2022 (Provisional)




Annex I


All India Consumer Price Indices


(Base: 2012=100)



































Group Code

Sub-group Code

Description

Rural

Urban

Combined

Weights

Dec. 21 Index


(Final)

Jan. 22 Index


(Prov.)

Weights

Dec. 21 Index


(Final)

Jan. 22 Index


(Prov.)

Weights

Dec. 21 Index


(Final)

Jan. 22 Index


(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

1.1.01

Cereals and products

12.35

147.4

148.2

6.59

151.6

152.1

9.67

148.7

149.4

1.1.02

Meat and fish

4.38

197.0

196.9

2.73

202.2

202.1

3.61

198.8

198.7

1.1.03

Egg

0.49

176.5

178.0

0.36

180.0

180.1

0.43

177.9

178.8

1.1.04

Milk and products

7.72

159.8

160.5

5.33

160.0

160.4

6.61

159.9

160.5

1.1.05

Oils and fats

4.21

195.8

192.6

2.81

173.5

171.0

3.56

187.6

184.7

1.1.06

Fruits

2.88

152.0

151.4

2.90

158.3

156.4

2.89

154.9

153.7

1.1.07

Vegetables

7.46

172.3

159.3

4.41

219.5

203.9

6.04

188.3

174.4

1.1.08

Pulses and products

2.95

164.5

164.0

1.73

164.2

163.8

2.38

164.4

163.9

1.1.09

Sugar and Confectionery

1.70

120.6

119.3

0.97

121.9

121.2

1.36

121.0

119.9

1.1.10

Spices

3.11

171.7

173.3

1.79

168.2

169.8

2.50

170.5

172.1

1.2.11

Non-alcoholic beverages

1.37

169.7

169.8

1.13

156.5

156.5

1.26

164.2

164.2

1.1.12

Prepared meals, snacks, sweets etc.

5.56

175.1

175.8

5.54

178.2

179.0

5.55

176.5

177.3

1

Food and beverages

54.18

165.8

164.1

36.29

172.2

170.3

45.86

168.2

166.4

2

Pan, tobacco and intoxicants

3.26

190.8

190.7

1.36

196.8

196.4

2.38

192.4

192.2

3.1.01

Clothing

6.32

171.8

173.2

4.72

163.3

164.7

5.58

168.5

169.9

3.1.02

Footwear

1.04

167.3

169.3

0.85

146.7

148.5

0.95

158.7

160.7

3

Clothing and footwear

7.36

171.2

172.7

5.57

160.7

162.3

6.53

167.0

168.6

4

Housing

–

–

–

21.67

163.4

164.5

10.07

163.4

164.5

5

Fuel and light

7.94

165.6

165.8

5.58

161.7

161.5

6.84

164.1

164.2

6.1.01

Household goods and services

3.75

163.9

164.9

3.87

156.0

156.8

3.80

160.2

161.1

6.1.02

Health

6.83

174.0

174.7

4.81

165.1

166.1

5.89

170.6

171.4

6.1.03

Transport and communication

7.60

160.1

161.0

9.73

151.8

152.7

8.59

155.7

156.6

6.1.04

Recreation and amusement

1.37

164.5

164.8

2.04

157.6

158.4

1.68

160.6

161.2

6.1.05

Education

3.46

169.7

169.9

5.62

160.6

161.1

4.46

164.4

164.7

6.1.06

Personal care and effects

4.25

162.8

163.2

3.47

162.4

162.8

3.89

162.6

163.0

6

Miscellaneous

27.26

166.0

166.6

29.53

157.8

158.6

28.32

162.0

162.7

General Index (All Groups)

100.00

167.0

166.4

100.00

165.2

165.0

100.00

166.2

165.7

Consumer Food Price Index (CFPI)

47.25

164.5

162.5

29.62

171.7

169.2

39.06

167.1

164.9


Notes:


  1. Prov. : Provisional.

  2. CFPI : Out of 12 sub-groups contained in ‘Food and Beverages’ group, CFPI is based on ten sub-groups, excluding ‘Non-alcoholic beverages’ and ‘Prepared meals, snacks, sweets etc.’.

  3. –        : CPI (Rural) for housing is not compiled.


Annex II


All India year-on-year inflation rates (%) for January 2022 (Provisional)


(Base: 2012=100)



































Group Code

Sub-group Code

Description

Rural

Urban

Combined

Jan. 21 Index


(Final)

Jan. 22


Index


(Prov.)

Inflation Rate


(%)

Jan. 21 Index


(Final)

Jan. 22


Index


(Prov.)

Inflation Rate


(%)

Jan. 21 Index


(Final)

Jan. 22


Index


(Prov.)

Inflation Rate


(%)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)
 

1.1.01

Cereals and products

142.9

148.2

3.71

147.8

152.1

2.91

144.5

149.4

3.39
 

1.1.02

Meat and fish

186.1

196.9

5.80

192.5

202.1

4.99

188.4

198.7

5.47
 

1.1.03

Egg

174.4

178.0

2.06

175.7

180.1

2.50

174.9

178.8

2.23
 

1.1.04

Milk and products

154.1

160.5

4.15

154.4

160.4

3.89

154.2

160.5

4.09
 

1.1.05

Oils and fats

159.7

192.6

20.60

148.5

171.0

15.15

155.6

184.7

18.70
 

1.1.06

Fruits

147.9

151.4

2.37

153.1

156.4

2.16

150.3

153.7

2.26
 

1.1.07

Vegetables

157.1

159.3

1.40

182.8

203.9

11.54

165.8

174.4

5.19
 

1.1.08

Pulses and products

158.6

164.0

3.40

160.2

163.8

2.25

159.1

163.9

3.02
 

1.1.09

Sugar and Confectionery

112.9

119.3

5.67

115.5

121.2

4.94

113.8

119.9

5.36
 

1.1.10

Spices

165.1

173.3

4.97

163.0

169.8

4.17

164.4

172.1

4.68
 

1.2.11

Non-alcoholic beverages

158.5

169.8

7.13

147.7

156.5

5.96

154.0

164.2

6.62
 

1.1.12

Prepared meals, snacks, sweets etc.

165.1

175.8

6.48

168.5

179.0

6.23

166.7

177.3

6.36

1

  

Food and beverages

155.7

164.1

5.39

160.8

170.3

5.91

157.6

166.4

5.58

2

  

Pan, tobacco and intoxicants

185.8

190.7

2.64

192.7

196.4

1.92

187.6

192.2

2.45
 

3.1.01

Clothing

158.2

173.2

9.48

153.4

164.7

7.37

156.3

169.9

8.70
 

3.1.02

Footwear

153.1

169.3

10.58

137.9

148.5

7.69

146.8

160.7

9.47

3

  

Clothing and footwear

157.5

172.7

9.65

151.0

162.3

7.48

154.9

168.6

8.84

4

  

Housing

–

–

–

158.9

164.5

3.52

158.9

164.5

3.52

5

  

Fuel and light

152.9

165.8

8.44

145.7

161.5

10.84

150.2

164.2

9.32
 

6.1.01

Household goods and services

154.3

164.9

6.87

146.0

156.8

7.40

150.4

161.1

7.11
 

6.1.02

Health

163.5

174.7

6.85

155.2

166.1

7.02

160.4

171.4

6.86
 

6.1.03

Transport and communication

148.7

161.0

8.27

138.2

152.7

10.49

143.2

156.6

9.36
 

6.1.04

Recreation and amusement

156.1

164.8

5.57

146.4

158.4

8.20

150.6

161.2

7.04
 

6.1.05

Education

163.1

169.9

4.17

156.8

161.1

2.74

159.4

164.7

3.32
 

6.1.06

Personal care and effects

156.9

163.2

4.02

158.3

162.8

2.84

157.5

163.0

3.49

6

  

Miscellaneous

156.7

166.6

6.32

148.5

158.6

6.80

152.7

162.7

6.55

General Index (All Groups)

156.8

166.4

6.12

155.8

165.0

5.91

156.3

165.7

6.01

Consumer Food Price Index

154.5

162.5

5.18

159.8

169.2

5.88

156.4

164.9

5.43


Notes:


  1. Prov.       : Provisional.

  2. –               : CPI (Rural) for housing is not compiled.




Annex III


State/UT wise General Consumer Price Indices


(Base: 2012=100)












































Sl. No.

Name of the State/UT

Rural

Urban

Combined

Weights

Dec. 21 Index


(Final)

Jan. 22 Index


(Prov.)

Weights

Dec. 21 Index


(Final)

Jan. 22 Index


(Prov.)

Weights

Dec. 21 Index


(Final)

Jan. 22 Index


(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

1

Andhra Pradesh

5.40

169.2

167.5

3.64

171.6

170.4

4.58

170.1

168.6

2

Arunachal Pradesh

0.14

172.9

174.1

0.06

—

—

0.10

172.9

174.1

3

Assam

2.63

170.2

169.7

0.79

166.9

166.8

1.77

169.5

169.1

4

Bihar

8.21

164.3

162.1

1.62

169.3

167.6

5.14

165.0

162.9

5

Chhattisgarh

1.68

165.5

164.3

1.22

163.7

162.7

1.46

164.8

163.7

6

Delhi

0.28

159.6

159.6

5.64

157.7

159.1

2.77

157.8

159.1

7

Goa

0.14

165.9

167.3

0.25

161.8

162.2

0.19

163.4

164.2

8

Gujarat

4.54

161.9

162.1

6.82

156.2

155.8

5.60

158.7

158.5

9

Haryana

3.30

162.5

161.8

3.35

158.3

158.3

3.32

160.5

160.2

10

Himachal Pradesh

1.03

158.9

159.8

0.26

164.7

163.7

0.67

160.0

160.5

11

Jharkhand

1.96

164.1

163.3

1.39

168.1

167.0

1.69

165.6

164.7

12

Karnataka

5.09

168.9

168.2

6.81

174.3

174.0

5.89

171.8

171.3

13

Kerala

5.50

172.9

172.9

3.46

171.0

171.0

4.55

172.2

172.2

14

Madhya Pradesh

4.93

164.3

163.8

3.97

166.8

166.6

4.48

165.3

165.0

15

Maharashtra

8.25

167.8

167.7

18.86

160.6

160.7

13.18

163.0

163.0

16

Manipur

0.23

186.9

183.9

0.12

172.6

171.6

0.18

182.4

180.0

17

Meghalaya

0.28

159.0

158.8

0.15

162.4

162.7

0.22

160.1

160.0

18

Mizoram

0.07

167.1

170.1

0.13

164.2

164.0

0.10

165.3

166.4

19

Nagaland

0.14

177.7

177.6

0.12

163.2

163.6

0.13

171.5

171.6

20

Odisha

2.93

168.1

167.1

1.31

162.9

162.0

2.18

166.6

165.7

21

Punjab

3.31

161.3

161.4

3.09

153.1

153.1

3.21

157.6

157.7

22

Rajasthan

6.63

162.5

162.4

4.23

162.5

162.4

5.51

162.5

162.4

23

Sikkim

0.06

182.3

182.4

0.03

170.4

169.3

0.05

178.4

178.1

24

Tamil Nadu

5.55

173.9

172.8

9.20

174.4

172.9

7.25

174.2

172.9

25

Telangana

3.16

173.8

173.9

4.41

169.6

169.3

3.74

171.5

171.4

26

Tripura

0.35

184.6

182.1

0.14

171.6

170.8

0.25

181.2

179.2

27

Uttar Pradesh

14.83

164.1

163.1

9.54

164.6

165.0

12.37

164.3

163.8

28

Uttarakhand

1.06

162.9

163.0

0.73

163.8

163.9

0.91

163.2

163.3

29

West Bengal

6.99

171.9

172.4

7.20

170.5

171.2

7.09

171.2

171.8

30

Andaman & Nicobar Islands

0.05

188.1

184.9

0.07

169.8

168.1

0.06

178.8

176.4

31

Chandigarh

0.02

169.4

167.1

0.34

156.5

156.2

0.17

157.2

156.8

32

Dadra & Nagar Haveli

0.02

154.7

154.1

0.04

162.1

160.1

0.03

159.6

158.1

33

Daman & Diu

0.02

171.7

171.3

0.02

164.6

164.5

0.02

168.7

168.5

34

Jammu & Kashmir*

1.14

176.3

176.6

0.72

173.8

174.4

0.94

175.4

175.8

35

Lakshadweep

0.01

176.0

176.5

0.01

163.3

157.7

0.01

169.5

166.9

36

Puducherry

0.08

173.6

173.1

0.27

172.2

171.0

0.17

172.6

171.5

All India

100.00

167.0

166.4

100.00

165.2

165.0

100.00

166.2

165.7


Notes:


  1. Prov.             :  Provisional

  2. —   :  indicates the receipt of price schedules is less than 80% of allocated schedules and therefore indices are not compiled.

  3. *    : Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu & Kashmir


and Ladakh (erstwhile State of Jammu & Kashmir).


Annex IV


Major State/UT wise year-on-year inflation rates (%) for January 2022 (Provisional)


(Base: 2012=100)






























Sl. No.

Name of the State/UT

Rural

Urban

Combined

Jan. 21 Index


(Final)

Jan. 22


Index


(Prov.)

Inflation Rate


(%)

Jan. 21 Index


(Final)

Jan. 22


Index


(Prov.)

Inflation Rate


(%)

Jan. 21 Index


(Final)

Jan. 22


Index


(Prov.)

Inflation Rate


(%)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

1

Andhra Pradesh

159.8

167.5

4.82

161.0

170.4

5.84

160.2

168.6

5.24

2

Assam

160.1

169.7

6.00

160.8

166.8

3.73

160.2

169.1

5.56

3

Bihar

153.5

162.1

5.60

157.8

167.6

6.21

154.1

162.9

5.71

4

Chhattisgarh

155.6

164.3

5.59

153.7

162.7

5.86

154.9

163.7

5.68

5

Delhi

152.4

159.6

4.72

149.8

159.1

6.21

149.9

159.1

6.14

6

Gujarat

152.1

162.1

6.57

147.6

155.8

5.56

149.6

158.5

5.95

7

Haryana

149.5

161.8

8.23

149.3

158.3

6.03

149.4

160.2

7.23

8

Himachal Pradesh

149.5

159.8

6.89

154.2

163.7

6.16

150.4

160.5

6.72

9

Jharkhand

154.0

163.3

6.04

156.8

167.0

6.51

155.1

164.7

6.19

10

Karnataka

159.5

168.2

5.45

162.9

174.0

6.81

161.3

171.3

6.20

11

Kerala

166.5

172.9

3.84

162.3

171.0

5.36

165.0

172.2

4.36

12

Madhya Pradesh

153.0

163.8

7.06

157.6

166.6

5.71

154.9

165.0

6.52

13

Maharashtra

157.2

167.7

6.68

151.0

160.7

6.42

153.1

163.0

6.47

14

Odisha

160.0

167.1

4.44

154.6

162.0

4.79

158.5

165.7

4.54

15

Punjab

154.5

161.4

4.47

147.9

153.1

3.52

151.5

157.7

4.09

16

Rajasthan

153.6

162.4

5.73

153.9

162.4

5.52

153.7

162.4

5.66

17

Tamil Nadu

163.5

172.8

5.69

164.0

172.9

5.43

163.8

172.9

5.56

18

Telangana

163.0

173.9

6.69

158.6

169.3

6.75

160.6

171.4

6.72

19

Uttar Pradesh

152.1

163.1

7.23

155.9

165.0

5.84

153.5

163.8

6.71

20

Uttarakhand

154.2

163.0

5.71

152.3

163.9

7.62

153.5

163.3

6.38

21

West Bengal

160.2

172.4

7.62

160.6

171.2

6.60

160.4

171.8

7.11

22

Jammu & Kashmir*

165.1

176.6

6.97

164.1

174.4

6.28

164.7

175.8

6.74

All India

156.8

166.4

6.12

155.8

165.0

5.91

156.3

165.7

6.01


Notes: 


  1. Prov.     :  Provisional.

  2. *               : Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu &   Kashmir and Ladakh (erstwhile State of Jammu & Kashmir).


*****


DS/VJ




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