Monday 12 January 2015



Dear All,

December 2014 CPI inflation at 5%

(Rural India inflation stands at 4.7% in December 2014 as compared to 4.09% in November 2014 and Urban India inflation stands at 5.3% in December 2014 as against 4.7% in November 2014)


The all India general CPI (Combined) for Dec 2014 stands at 5% as compared to 4.4% in Nov 2014. The inflation rates for rural and urban areas for Dec 2014 are 4.7% and 5.3% as compared to 4.1% and 4.7% respectively, for Nov 2014.

        Consumer Price Index (combined)                                                                                                       CPI Inflation (combined)                                                                       (in %)
        
   Source: PHD Research Bureau, compiled from MOSPI                                                                             Source: PHD Research Bureau, compiled from MOSPI

Rate of inflation during December 2014 is high in fruits at 14.84%, Milk and products at 9.62%, Condiments and spices at 7.89%, Pulses and products at 7.24% and Prepared meals at 6.61%.

      All India annual inflation rates (%) for December 2014 and November 2014
Category
Annual inflation rate (December  2014)
Annual inflation rate (November 2014)
Rural
Urban
Combined
Rural
Urban
Combined
Milk and products
9.22
10.18
9.62
9.84
10.97
10.24
Clothing, bedding and footwear
6.97
5.51
6.51
7.66
5.75
6.97
Oils and fats
-0.41
-3.11
-1.24
0.27
-3.31
-0.83
Fuel and light
3.80
2.73
3.41
3.59
2.74
3.27
Condiments and spices
5.40
13.88
7.89
6.18
14.94
8.72
Non-alcoholic beverages
5.24
6.93
5.95
5.11
6.67
5.75
Fruits
15.68
13.63
14.84
13.62
13.88
13.74
Egg, fish and meat
5.41
4.97
5.24
6.52
6.41
6.48
Prepared meals etc
6.01
7.26
6.61
6.35
7.46
6.87
Pulses and products
6.09
9.98
7.24
6.45
10.05
7.54
Food and beverages
4.83
5.23
5.00
3.62
3.19
3.50
Cereals and products
4.33
3.06
3.98
5.56
4.36
5.20
Sugar etc
-0.73
-1.35
-0.84
-0.27
-0.10
-0.28
Vegetables
1.24
-1.00
0.58
-8.61
-15.94
-10.90
General Index (All Groups)
4.71
5.32
5.00
4.09
4.69
4.38
      Source: PHD Research Bureau, compiled from MOSPI

Consumer Price Index for the month of December 2014 for rural, urban and combined stood at 146.7, 142.5 and 144.9, respectively.

     Index rural area vis-à-vis urban area
    Source: PHD Research Bureau, compiled from MOSPI.

In addition to this, Consumer Food Price Indices (CFPI) of December 2014 for rural, urban and combined stands at 150.3, 146.4 and 149.1 respectively. Provisional annual inflation rate based on all India CFPI (Combined) for the month of December 2014 stands at 4.78% as compared to 3.14% in the previous month. The corresponding provisional inflation rates for rural and urban areas for December  2014 are 4.74% and 4.87% respectively as against 3.33% and 2.48% respectively in November 2014.

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