Inflation Rates Decline for Rural Workers: May Snapshot
Retail inflation for farm and rural workers fell to 2.84% and 2.97% respectively in May, according to the Labour Ministry. The Consumer Price Index for both categories decreased slightly. Comparatively, last year saw inflation rates significantly higher at over 7% for May.
- Country:
- India
In May, retail inflation rates for farm and rural workers saw a notable decline, recording 2.84% and 2.97% respectively, figures released by the Labour Ministry have revealed. This marks a decrease from the previous month's rates of 3.48% and 3.53%.
The decline is reflected in the Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL), which dropped by 2 points and 1 point, standing at 1305 and 1319 points for May 2025.
Comparing year-on-year data, inflation for May 2025 is significantly lower than in May 2024, which saw rates at 7.00% and 7.02%. This downward trend could indicate an easing economic climate for rural areas.
(With inputs from agencies.)
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