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Retail inflation for industrial workers rises to 4.48% in February.

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Author: Manali Bhanushali

Retail inflation for industrial workers rose to 4.48 per cent in February, due to higher prices of fuel and certain food items. It had stood at 3.15 per cent in the previous month of January. "Year-on-year inflation for the month (February 2021) stood at 4.48 per cent compared to 3.15 per cent for the previous month (January 2021) and 6.84 per cent during the corresponding month (February 2020) of the previous year," the labour ministry said in a statement. Similarly, it stated that food inflation stood at 4.64 per cent as against 2.38 per cent of the previous month and 8.33 per cent during the corresponding month (February 2020) a year ago. The All-India CPI-IW (Consumer Price Index for Industrial Workers) for February, 2021 increased by 0.8 points and stood at 119 points.

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