TS tops in inflation rate in May 

Telangana State was leading in the country in terms of rate of inflation for May with the combined inflation rate of rural and urban areas pegged at 9.45%.

According to the consumer price index numbers (on base 2012=100) for rural, urban and combined released by the Ministry of Statistics and Programme Implementation (MoSPI), inflation in rural areas touched 10.32% during May while it was at 8.65% in urban areas.

The values of consumer price index in Telangana increased to 180.7 in May in Telangana as against 165.1 in the same month last year.

The Ministry said, in a recent release, that the price data was collected from selected 1,114 urban markets and 1,181 villages covering all States/Union Territories through personal visits by staff of Field Operations Division of the National Statistical Office (NSO).

NSO collected prices from 99.8% villages and 98.3% urban markets while the market prices of different commodities reported were 90% for rural and 93.1% for urban.

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Printable version | Jun 19, 2022 8:13:01 pm |