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Retail Inflation for Agriculture and Rural in 2023

Published on March 21, 2023
Current Context: Retail inflation for agriculture and rural in 2023 increased to 6.94% and 6.87% respectively in February this year. CPI for agriculture and CPI for rural farmers were calculated as 5.59% and 5.94%.
Retail Inflation for Agriculture and Rural in 2023
  • The all India CPI for agriculture and CPI for rural farmers has increased by 1 point to reach at 1171 and 1182 respectively.
  • The general index has increased by 0.93 and 0.98 for CPI for agriculture and CPI for rural farmers.
  • The maximum increase in the CPI (cost price inflation) is experienced by Gujarat as 8 bps due to rise in prices of rice, fruits, vegetables, firewood etc.
  • The maximum decrease in CPI is experienced by Assam at 7 bps due to fall in prices of chilies, vegetables, fish etc.
  • The inflation rates are given by the Ministry of Labor and employment in the agricultural sector.

Question:

Q.1 The maximum increase in the CPI (cost price inflation) in agricultural prices is experienced by?
a. Gujarat
b. Mumbai
c. Assam
d. Rajasthan

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