Don’t miss the latest developments in business and finance.

Consumer Price Inflation Eases To 5.84% In April

Image
Capital Market
Last Updated : May 13 2020 | 12:17 PM IST

Consumer Price Index eased to 5.84% in the month of April as compared to 5.91% reported in the month of March. The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation released Price Movement of selected Sub-Groups/Groups of Consumer Price Index (CPI) on Base 2012=100 for Rural, Urban, Combined for the month of April 2020 (Provisional) and CPI (Final) for the month of March 2020 yesterday. The Price data are usually collected from selected 1114 urban markets and selected 1181 villages through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster.

In view of the preventive measures and announcement of nation-wide lockdown by the Government to contain spread of COVID-19 pandemic, the price collection of Consumer Price Index (CPI) through personal visits of price collectors was suspended with effect from 19th March, 2020. In the month of April, 2020, price data was largely collected by telephonic enquiry from the designated outlets.

This was supplemented by information collected during the personal purchase of field staff for the items being transacted from neighborhood outlets keeping in view the travel advisories. The whole exercise was carried out by well experienced and professional staff of FOD, NSO stationed at about 200 locations across the country. NSO accordingly collected prices from 674 urban markets and 524 villages, for commodities which were available and being transacted during the lockdown period.

Powered by Capital Market - Live News

Also Read

First Published: May 13 2020 | 11:42 AM IST

Next Story